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  2. Lumber prices are plunging. Blame the record drop in U.S ...

    www.aol.com/finance/lumber-prices-plunging-blame...

    Lumber’s price drop has been particularly dramatic in just the last 90 days in the futures market, with contract prices for July falling 28% to $466 per thousand board feet (futures prices are ...

  3. History of the lumber industry in the United States - Wikipedia

    en.wikipedia.org/wiki/History_of_the_lumber...

    Lumber prices. Presently there is a healthy lumber economy in the United States, directly employing about 500,000 people in three industries: Logging, Sawmill, and Panel. Annual production in the U.S. is more than 30 billion board feet making the U.S. the largest producer and consumer of lumber.

  4. ‘Copper is the new oil,’ and prices could soar 50% as AI ...

    www.aol.com/finance/copper-oil-prices-could-soar...

    ‘Copper is the new oil,’ and prices could soar 50% as AI, green energy, and military spending boost demand, top commodities analyst says Jason Ma May 19, 2024 at 3:39 PM

  5. Strategic Petroleum Reserve (United States) - Wikipedia

    en.wikipedia.org/wiki/Strategic_Petroleum...

    The Department of Energy unveiled plans to purchase oil at a price of $79 per barrel or less, but has since purchased oil at higher prices. As of April 2024, further purchases were cancelled due to rising oil prices. According to legislation already in place, the amount of oil in the reserve could fall to 238 million barrels by 2028.

  6. Petrodollar recycling - Wikipedia

    en.wikipedia.org/wiki/Petrodollar_recycling

    Petrodollar recycling. Fluctuations of OPEC net oil export revenues since 1972, showing elevated inflation-adjusted levels during 1974–1981 and 2005–2014 [1] [2] Petrodollar recycling is the international spending or investment of a country's revenues from petroleum exports (" petrodollars "). [3] It generally refers to the phenomenon of ...

  7. Special Report: Trump told Saudis: Cut oil supply or lose U.S ...

    www.aol.com/news/2020-04-30-special-report-trump...

    Despite the agreement to cut a tenth of global production, oil prices continued to fall to historic lows. U.S. oil futures dropped below $0 last week as sellers paid buyers to avoid taking ...

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