5 Responses

  1. Tom Grant
    Tom Grant December 15, 2014 at 5:55 am | | Reply

    I understand that falling oil prices are bad for the oil industry, but shouldnt they be good for everybody else? Auto, chemicals, airlines, railroads, agriculture, manufacturing, housing, and consumer spending in general? We could add in utilities if natural gas prices follow suit.

  2. marty smoler
    marty smoler December 15, 2014 at 8:53 pm | | Reply

    Thanks Bill. Like Tom, it was never clear to me why falling oil prices were (or even could be0 bad. You cleared it up with the notion that decreased global growth might be the underlying cause. I never considered it and now believe it to be quite unlikely. Over supply (my instinctive explanation) seems a far better explanation.

  3. Donna
    Donna December 15, 2014 at 11:50 pm | | Reply

    So it’s ok that bought some Conoco today?

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