4 ms·

Once the housing crash occurred, demand plummeted and the price of crude dropped. So yes?

• hackerbabz 7y ago
  I remember a high school policy debate in early 2009 when my opponent prepared an argument that horrible things would happen if the price of oil dropped. Fortunately for me, they hadn’t read the newspaper lately. It was a lot of fun to quote the collapsed oil price from a newspaper I found lying around and then relax the rest of the debate.
• BlueTemplar 7y ago
  You're proving my point that they are tied ?
  • diffeomorphism 7y ago
    Correlation does not equal causation.
    • BlueTemplar 7y ago
      You don't think that steeply increasing gasoline prices, and the resulting squeezing of discretionary (and not so) income could have popped the US housing bubble ? https://www.energy.gov/eere/vehicles/fact-915-march-7-2016-average-historical-annual-gasoline-pump-price-1929-2015 https://www.energy.gov/eere/vehicles/fact-915-march-7-2016-a...