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To: onona
Anyone who decries the cost of oil being low as a bad thing is wrong

Only to those that are in the oil industry. I live in oil country here in Texas and I can tell you the panic is setting in.

Obama is smiling that the oil industry is in deep trouble.

32 posted on 08/16/2015 7:55:06 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: unixfox
I live in oil country here in Texas and I can tell you the panic is setting in.

Since last spring, North Dakota has been feeling the panic as well.

http://www.the-american-interest.com/2015/03/14/oil-price-crash-sends-north-dakota-reeling/

39 posted on 08/16/2015 10:05:55 AM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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