Discuss: Impact of Oil Prices on World Economy

Discussion in 'Economics' started by thesharpone, Feb 20, 2008.

  1. I started this thread to gather your thoughts on the effects the increase of oil prices in USDs will have on the global economy.

    IMO, since so many products and the transportation of those products from one point to another is dependent on oil, this can have no other effect but direct and indirect increase in the price of almost all products.