Rising oil prices, once a big negative, may now be ‘a wash’ for the US economy

Rising oil prices, once a big negative, may now be ‘a wash’ for the US economy

In a significant shift in thinking, several economists contacted by CNBC now believe a rise in oil prices may not produce very much, if any, drag on U.S. growth.

Some even contend that the nation’s new oil-producing prowess make a rise in prices “a wash” for growth.

This is a complete about-fa…

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