Lower gas prices will benefit far more people than it will harm. My heart bleeds for the holders of Caterpillar stock but lower gas an oil prices is a good thing.
Too many fail to realize oil prices are falling due to influence of a slowing global economy, particularly Europe and Asia.
Lumber, Copper, and others, those prices have fallen greatly as well.
Yup, more dozing per gallon!
That’s why we diversify. I have invested a significant portion of my money into oil stocks knowing that the price of oil fluctuates. This has happened before.