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Cheap gas means cheap transport, means cheap energy, means cheap manufacturing. It is good for the economy. The thing is, it takes adjustment and stability for
by Iv 11y ago
Cheap gas means cheap transport, means cheap energy, means cheap manufacturing. It is good for the economy. The thing is, it takes adjustment and stability for these benefits to work out. And also, too much of our economy is tied over speculation on oil related goods.
If the oil prices stay low (which is totally unsure) then it will be beneficial over the course of a few year, but right now the economy is adjusting.
- kuschku 11y agoIn general, even, "And also, too much of our economy is tied over speculation."