It was in 4 March 1999, during the depths of the Asian financial crisis that the Economist magazine published an article (subscription only: full text here) headed: "Why cheap oil may be bad". Then, the price of oil had fallen by half in the previous two years, to just over $10 a barrel. And, the Economist, predicted: "It may fall further"...
Posted on EU Referendum
Thursday, 22 May 2008
What do they know?
