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is the price per barrel of oil dropping a bad thing?
Posted on 12/17/14 at 4:24 am
Posted on 12/17/14 at 4:24 am
years ago the economic state of either japan/china (don't remember which) got so bad that the interest rate dropped to around the 1% range. Is this the same situation? I'm not as versed in econ as others so a little patience. tia.
9
Posted on 12/17/14 at 4:52 am to Gorilla Ball
How is more money in your pocket a bad thing?
Posted on 12/17/14 at 6:54 am to Gorilla Ball
Could be for South La refineries, as in Exxon, Marathon, etc.... Some of these plants were looking into some pretty big expansion in the near future and the falling prices of oil will likely have a direct effect on their decisions.
Posted on 12/17/14 at 7:48 am to Gorilla Ball
Good for individuals, bad for the oil and gas industry.
Posted on 12/17/14 at 8:38 am to Gorilla Ball
Bad for Louisiana...I'd rather Louisiana be booming than the average american have a few hundred extra dollars to spend each year
Posted on 12/17/14 at 10:21 am to Gorilla Ball
bad for upstream, bad for midstream (assuming drops in domestic production outweighs cost-savings for transportation), good for downstream (cheap feed stock)
Posted on 12/17/14 at 9:05 pm to Gorilla Ball
It's bad for anybody with land in the Tuscaloosa Marine Shale 
Posted on 12/18/14 at 9:01 pm to Gorilla Ball
No, it means the transfer of wealth from the USA to the Middle East via increased fuel prices over the last 8 years is ending. fricking ragheads.
Posted on 12/18/14 at 11:09 pm to Gorilla Ball
Certainly bad for this State, which gets most of it's revenue from oil.
Posted on 12/19/14 at 8:27 am to Gorilla Ball
good for most people, bad for oil producing states' budgets, bad for higher-ed in Louisiana, bad for oil field workers, good for plant workers, good for plants and refiners, good for ag, good for transportation.
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