Oil has mostly traded in the mid-$70s this summer as investors struggle to gauge how much global economic growth may slow in the second half and how much that will affect crude demand. Most analysts expect the U.S. economy won't slip back into recession.
"The bottomline is that there is no easy excuse for the slowdown in the recovery," the Schork Group said. "On the other hand, we are far from a double dip recession. Growth in key industries will boost the economy slowly, but sustainably."
Oh yeah???
