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CENTERPIECE The data show U.S. employment and the overall economy can perform well when the price of crude is high as well as when it is low. What upsets policymakers and producers is price volatility, and there are not many ways to insulate the United States from global oil shocks.
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Oil and Toil, Double Trouble
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Copyright ©2021, Environmental Law Institute®, Washington D.C. www.eli.org. Reprinted by permission from The Environmental Forum®, March-April.