Low Oil and Gas Prices Aren’t a Remedy for Inflation
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Energy prices are heading in the right direction to beat inflation, but they are less likely to make a big dent than it might seem.
Natural-gas prices recently fell to their lowest levels in more than a year. At $75 per barrel, U.S. oil is down 39% from its highs last year, and getting close to its 52-week low.
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