Posted on 12/05/2014 6:11:08 PM PST by Lorianne
“Enjoy it while it lasts”
Why not? There isn’t a lot we can do when things go south.
Too bad hamburger meat isn’t following suit. :)
$2.89 in Oregon.
Long distribution haul from refineries.
Still 6.99 a gallon in bush Alaska.
The cost of groceries and most products went up when gas prices went up. Will the cost of groceries go down now that gas has become cheaper? I don’t think so!
” The gas and oil industry is the only major manufacturing portion of the economy, and those supporting it, sustaining the current economy. “
Energy is over 20% of our economy now. However, they are not “downsizing”. This is a battle between OPEC and fracking oil. Fracking is believed to need $75 a barrel, so OPEC dropped prices to try to force fracking companies out of the market. Expect a massive spike in prices once OPEC thinks they have done that.
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