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re: What’s bad about the price of oil dropping?
Posted on 3/9/20 at 10:07 am to kingbob
Posted on 3/9/20 at 10:07 am to kingbob
quote:
While great for the nation as a whole, low oil prices are bad for Louisiana and Texas.
With oil and gas being a prominent portion of EVERYONE'S 401K retirement fund, there is a point at which oil prices being too low can be financially harmful to their retirement nest egg. There is a balance in there somewhere.
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