Economist Mike Walden: The changing role of energy in the economy
Story Date: 3/22/2018

 

Source: SOUTHERN FARM NETWORK, 3/21/18

Gas prices have been running 20 to 70 cents a gallon higher during the last 6 month than in the previous six months.   Normally higher gas prices would be bad for the economy and would cause the economy to expand at a slower rate.  But if anything, the economy appears to be growing at a faster rate.  What’s changed with gas prices and the health of the economy?

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