Long Term Theories and Short Term Factors
From Dickinson College Wiki
Long Term
Short Term
Throughout the history of America's oil consumption there have been many events that have affected the price of oil. These events usually have no affected the price in the long run but have often temporarily shifted the price in a negative way.
War and Conflict
- War on Terrorism in Iraq and throughout the world
- Conflict with the Koreas
- Conflict between Israel and Lebanon
- Conflict wit Iran and it's Nuclear weapons
Natural Disasters
- Katrina
- Massive Fires throughout the Country
Civil Events
- Labor Strikes
- Elections/What party is in office at the moment
