Why have all the articles I have seen so far state that oil prices are down, US deficit is up because oil imports have increased in October, and the reason for the increase is?
Oh wait, here is one that explains it. Room for Second Guessing
The higher oil prices led to higher imports, as oil producers tried to take advantage of the price. Hence higher supply than demand, since the economic destruction in the US caused by higher oil prices was not seen.
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