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How Will The Coronavirus Affect Energy Use In America?

March 23, 2020

Via: Forbes

There is little doubt that the world has entered a global economic recession as a result of the COVID-19 pandemic. Every recession lowers energy use, and this one may be a whopper. The 2008 financial crisis, and the Great Recession that followed, had a pronounced negative impact on the oil and gas sector, sending the price of a barrel of crude oil from about $150 to $35 in only a few months.

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