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To: SeekAndFind

Cheap energy helps all folks of all Nations. That is why politicians hate it - it fosters Freedom as one of its side benefits.


2 posted on 12/13/2014 5:47:45 AM PST by trebb (Where in the the hell has my country gone?)
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To: trebb

I would say there are winners and losers with the oil price slide, but ON THE NET, it is positive for most.

Oil’s descent is generally positive for economies and companies, Except for energy companies, the nations that profit from high oil prices and the traders who bet on them, everyone else benefits from cheaper fuel.

The stocks of some energy companies, such as Exxon Mobil, Chevron and BP are falling, But those few companies are insignificant to all the other companies that will benefit and all the stocks that will eventually rise because of those benefits.

And of course, this oil price slide is like a huge TAX REFUND to most tax payers.


3 posted on 12/13/2014 6:22:22 AM PST by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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