Why oil shocks are getting less shocking The Indicator from Planet Money

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Gas prices have been dropping, but production cuts from OPEC+ and new inflation data bring back memories of oil shocks of the 1970s. However, the U.S. economy is better prepared now than it was then.

Gas prices have been dropping, but production cuts from OPEC+ and new inflation data bring back memories of oil shocks of the 1970s. However, the U.S. economy is better prepared now than it was then.

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