Is the US Economy Really Less Vulnerable to Oil Prices?

February 27, 2005

This article is available as a PDF document only. It contains several useful graphs to support an argument that despite a higher GDP-to-energy ratio than in the 1970s, the US economy is still very vulnerable to oil shocks:
research.cibcwm.com/economic_public/download/occ_51.pdf


Tags: Fossil Fuels, Oil