Semi-Daily Journal Archive

The Blogspot archive of the weblog of J. Bradford DeLong, Professor of Economics and Chair of the PEIS major at U.C. Berkeley, a Research Associate of the National Bureau of Economic Research, and former Deputy Assistant Secretary of the U.S. Treasury.

Friday, July 14, 2006

Chances of a Downturn Grow

There's a lot of pessimism in the oil market these days:

ThinkProgress: Oil surged to record highs above $78 a barrel on Friday as intensifying violence in the Middle East raised concerns of possible supply disruptions.

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