Cheaper trucking - not good for US economy.
Cheaper airline flights - not good for US economy.
Lower electricity rates - not good for US economy.
Cheaper fertilizers - not good for US economy.
C’mon $150 bbl oil!
Not to mention all the excess cash in people’s pockets they can spend on other things like food, supplies, other goodies.
All these spur the economy.
If people have a couple of cars and are filling each three times per month, a $1.50 per gallon drop in price can amount to a fair amount of extra cash in your pocket.
12.5 gallons x 3 x 2 x $1.50 = $112.50.
That’s like getting a raise of $1,350 per year that’s non-taxable.
1000 homes, we’re talking some big disposable income out there.
$1,350,000 dollars...