Oil Prices Plunge: Why Gas Might Not Kill the Recovery

The price of oil plunged today, down more than $9 to $99.60. But the largest one-day drop in oil prices since the height of the financial crisis is unlikely to stop talk that high gas prices could kill the recovery.

According to the oil price spike of 2008, whenever gas prices hit $4 a gallon, the economy flips out. Sticker shock at …

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