WATCHING GOVERNMENT: Those elusive pass-throughs

Oil and gas prices have fallen more quickly than autumn leaves in the past few weeks, which has helped improve the US economic outlook.While the US Energy Information Administration forecasts higher heating fuel prices for the coming winter months, it also anticipates prices will be lower than in the comparable 2004-05 period. Winter heating demand could raise the cost of West Texas Intermediate crude to $67/bbl by January from an average $63.80/bbl during September, EIA said.That would still be less than this past summer’s peak price-enough, some economists and policymakers say, to ease concerns about inflation. Oil prices apparently haven’t ignited inflation yet, and it&rsqu...

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