Summary
With oil prices again soaring above $50 per barrel and an uncertain political and economic landscape, Wells Fargo economists said Thursday the outlook for 2005 is "uncharted territory."
At Wells' "Focus 2005" economic forecast in Salt Lake City, the bank's executive vice president and economist, Kelly K. Matthews, called the recent crude oil price increases "unsettling," possibly to both the local and national economies.See the full content of this document
Extract
2005: 'Uncharted Territory'
"It's hard to know just what ramifications (the higher prices) will begin to have," Matthews said. "When we got close to this l...
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