Why would the price of oil going down be a bad thing?
“Why would the price of oil going down be a bad thing?”
Because it may be a sign that the world economy is slower than believed.
If the economy was turning around there would be more demand for oil.
The domestic energy boom is the ONLY thing that has kept the bottom from completely falling out of the employment market... unless you count government drones... or medical-industrial complex employment (also government drones).
It’s not a bad thing. Don’t let idiots tell you the fall in price of a commodity is a bad thing.
It may be a bad thing for a few, but a good thing for the overwhelming majority.