Oil might go lower and even stay that way, until many more indebted producers are through. As for the “increase in consumer spending,” I doubt that it will go on for long or amount to much.
Gas is a little over $3, give or take, on the CO Rockies. Summer traffic was way up compared to the last six years or so. Dope tourism, perhaps?
Here in Indiana, the state was making big bucks from casinos 10-15 years ago. Then all the surrounding ones (IL, OH) legalized gambling. I think legal grass will be irresistable to state legislators due to the financial windfall.