Unusual economic uncertainties cloud oil and gas market outlook

Bob Tippee Editor Laura Bell Statistics Editor More than usual uncertainty about the economic drivers of energy markets complicates forecasts about oil demand in a year of continuing relocation of the growth centers for supply and demand. Global demand for energy in general and oil in particular remains strongly linked with economic performance, about which large questions loom, their answers dependent on actions by policy-makers in the US and Europe. At this writing in the last week of December, doubt remained that leaders of the Republican-led House of Representatives would reach agreement with Democratic President Barack Obama on a set of fiscal measures able to avert large tax increa...

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