Posted by IndianaRed on November 22, 2014 at 11:31:10 from (104.180.201.71):
In Reply to: Re: diesel price WOW posted by John in La on November 21, 2014 at 17:49:44:
Eh, somehow I think they can still bring that oil out of the ground at a profit for 50, maybe 60 bucks.
And something you've not considered in your equation - the rise in jobs because of low fuel prices. That, you cannot dispute. I shuttered my business in 2007. Everything we purchase costs more because of high fuel prices. People buy less because of it. That directly affects GDP.
I think the pros greatly outweigh they cons in this particular scenario.
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