There is simply no way to compare the savings from lower fuel being spent and put back into the economy and jobs in oil and gas being lost as a negative to the economy.
If 1000 people saved $200/month each on fuel every month and then spent those savings that’s only $200,000 being put back into the economy.
If 1000 oilfield workers loose their jobs there is close to $200,000 being taken out of the economy each day or about $5-$6,000,000/month and that is just for their salaries.
Here's the real bottom line...Savings from low gas prices going to rent, food