2001 Business & Labor Features Archive - McGraw-Hill Construction

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business & labor features archives
(2001)

Fourth Quaterly Cost Report: Summary 12/24/2001
Energy prices also fell sharply during the fourth quarter. Oil prices fell from $30 per bbl at the beginning of the year to just $18.50 as the Organization of Petroleum Exporting Countries failed to win support for production curtailment. "We expect OPEC to reach some sort of agreement next year, but we still don't see prices going much above $20," says Bruce Cavella, an energy ...

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