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To: thackney

agreed, but is that what is happening now? “Experts” in the field are saying the low pump prices are having an adverse effect on the economy and calling for adjustments to off-set,or words to that effect.


8 posted on 05/20/2015 6:39:26 AM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
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To: elpadre
but is that what is happening now?

I don't think I understand your question.

“Experts” in the field are saying the low pump prices are having an adverse effect on the economy

We are the third largest oil producer in the world. We also have significant parts of economy producing equipment for oil production around the world. Lower oil prices resulting in lower spending by oil companies does noticeable effect our economy. Not all is directly related, companies like Caterpillar has lost significant business due to lower oil prices.

9 posted on 05/20/2015 6:49:33 AM PDT by thackney (life is fragile, handle with prayer)
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