Is anyone talking about the idea that if oil goes up big then perhaps there's inflation and if inflation comes back then we're not going to be able to cut rates. >> Yeah, it's an interesting question Jim. I mean, I can tell you that the president thinks about oil and energy as the the number one input to the economy and his entire sort of economic policy is focused on the idea of drill baby drill, getting oil prices as low as possible, lower even than some of the oil companies uh want it to go uh in order t ...

Optimists argue that Russia’s cheap energy, abundant minerals and 145m consumers could be a huge boon to Western firms. Our analysis, however, suggests that the available riches are a small fraction of what the Kremlin is touting https://t.co/ABSffzDSQ5 ...