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Cheap energy is good for everyone and its the primary thing that is propping up the current economy. The left likes to talk about redistribution of wealth but cheap energy inherently distributes buying power downward as prices plummet and less credit is needed.
1 posted on 12/08/2014 9:06:30 PM PST by Maelstorm
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To: Maelstorm
China is hoarding more oil now, has oil production facilities all over the planet and is the fourth greatest producer of oil.

https://en.wikipedia.org/wiki/List_of_countries_by_oil_production#Countries

China surpasses U.S. to become largest world economy
http://freerepublic.com/focus/f-news/3234442/posts

Have fun. Enjoy de sride.







2 posted on 12/08/2014 10:14:36 PM PST by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: Maelstorm

Not everything is dropping. Airlines added surcharges when fuel prices spiked and I haven’t heard they’ve been removed. They also eliminated “free” dinners and lunches (they were never really free) on long flights, jammed more seats into Coach, and reduced the number of carry-ons allowed.


3 posted on 12/09/2014 12:22:36 AM PST by luvbach1 (We are finished. It will just take a while before everyone realizes it.)
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To: Maelstorm
Cheap energy is good for everyone

This fact is why democrats are the worst thing for the economy......they have no perception of the effect of taxes and prices on an economy.

5 posted on 12/09/2014 5:18:30 AM PST by ontap
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