Economy

Oil Prices Ease, But Airlines Still Worriedi
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May 07, 2012 8:25 PM
Oil prices fell in recent days after soaring earlier this year. Worries about adequate oil supplies are outweighed by news that European voters have spoken out against austerity measures, some economies have fallen back into recession and key emerging nations are growing more slowly. But as VOA’s Jim Randle reports, high energy costs have already brought drastic changes in one global industry, and could still push it from profit back into loss.

Oil Prices Ease, But Airlines Still Worried

Published May 07, 2012

Oil prices fell in recent days after soaring earlier this year. Worries about adequate oil supplies are outweighed by news that European voters have spoken out against austerity measures, some economies have fallen back into recession and key emerging nations are growing more slowly. But as VOA’s Jim Randle reports, high energy costs have already brought drastic changes in one global industry, and could still push it from profit back into loss.


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