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To: thackney

The market is down because a drop in oil consumption is believed to signal a global economic slowdown.

Low gas prices are good for the economy overall, but bad for the oil industry.


31 posted on 01/19/2016 4:43:54 AM PST by St_Thomas_Aquinas (Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: St_Thomas_Aquinas

Oil market is down due to supply rising greater than demand.

There is not a drop in oil consumption.


35 posted on 01/19/2016 4:46:40 AM PST by thackney (life is fragile, handle with prayer)
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