By now you know- gas prices are plummeting. Hopefully- unless you lead your life with blinders on- you also know this means more to the economy than what you just see on the surface. And what it means isn’t necessarily all good. “Yay! Now we can go places in our cars for cheaper!” Say… Read more »
Category: construction bust
The Real Economic Impact of Plummeting Oil Prices
Dropping oil prices are great for keeping prices down at the pump. This is always a bolster to consumer confidence, freeing up consumer spending cash. But remember for every action, there is a reaction. Or in this case, for every reaction there is an action. At the source, the oil fields across the country-… Read more »