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re: Prices Fall to a Six-Year Low for U.S. Oil

Posted on 3/17/15 at 8:09 am to
Posted by Superior Pariah
Member since Jun 2009
8457 posts
Posted on 3/17/15 at 8:09 am to
quote:

You say that but if you live in LA or TX and this gets extended longer than a year you are going to feel it no matter what you do for a living.


Yep. I'll feel it in my wallet when I have more spending money because I'm not spending it at the pump.
Posted by constant cough
Lafayette
Member since Jun 2007
44788 posts
Posted on 3/17/15 at 8:27 am to
quote:

Yep. I'll feel it in my wallet when I have more spending money because I'm not spending it at the pump.



Exactly cheaper gas spurs economic growth which actually leads to more oil & gas consumption. People drive more when gas is cheaper. How do these oil guys not see that? Short sided I guess.
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