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re: Oil prices and stock market
Posted on 12/12/14 at 2:02 pm to 13SaintTiger
Posted on 12/12/14 at 2:02 pm to 13SaintTiger
quote:Good point. I think most people assume $100-110 (which is higher than "normal")
I see this statement a lot and no one has yet to define what normal oil prices are.....
1
Posted on 12/12/14 at 2:14 pm to bayoubengals88
When did $3.50 per gallon become normal? $100-110 has only been "normal" in year 2008, 2011-mid 2014. Investors have become greedy and reaped the benefits of the higher than normal oil prices because of the economical turmoil bought upon us. I can say with confidence the sky is not falling because oil prices have dipped.
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