Are you too young to have voted for Ronald Reagan by any chance? Because your “sober analyst” doesn’t appear to know what the hell he is talking about. If you were an adult in 1980 you should have known that in an instant.
Oil was over $60 a barrel when Reagan defeated Jimmy Carter. Oil prices began a 20 year decline. $20 a barrel by 1986. Around $13 a barrel by 2000. Falling energy prices were a great benefit to all of us except those in the oil patch.
I voted for Reagan and I remember the 1973 oil crisis very well, which was manufactured when the Egyptians convinced the Saudis to harm the U.S. For our support of Israel. And yes, falling oil prices were a boon during an actual, strong, producing U.S. Economy. Today, we have a very different scenario, a stock market manipulated and rigged beyond comprehension, and a global economy tied together unlike any other time in human history. Not to mention debts that are beyond the ability of our nation to repay.