On the recordFebruary 2, 2009
I believe oil is too cheap at $40. It is causing this country a lot of problems.
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congress.govEditor's note · Context
David Scott expresses concern about low oil prices affecting the economy and renewable fuels.
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I disagree with that. There are numerous studies from the Bank for International Settlements (BIS), which is a widely-acclaimed source. It is neutral, it is not political, and it says that higher capital decreases lending.
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