Gas prices have fallen and oil prices are well below their recent peek - which raises the question: Why? Some might say it was supply and demand with the higher price reducing demand, thus resulting in a lower equilibrium price. Others offer a different explanation...prayer.
Perhaps this will lead to a new area of theological economics.
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
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