RE: [TSP_Strategy] When does cheap oil make it better?

 

David,
 
I had the same thought.  It seems that oil spiked during the Summer of 2014 at better than $100/barrel.  All we heard when that was happening was that it was a tax on the American consumer and how bad it was for business.
 
Now that we are under 30, all we see is how the stock market is tied to oil prices and how horrible this is for the economy.
 
The Other David 
 
-------- Original Message --------
Subject: [TSP_Strategy] When does cheap oil make it better?
From: "'Silva, David J CIV' david.j.silva@uscg.mil [TSP_Strategy]"
<TSP_Strategy@yahoogroups.com>
Date: Wed, February 10, 2016 7:50 am
To: "TSP_Strategy@yahoogroups.com" <TSP_Strategy@yahoogroups.com>

 
My question may be overly simplistic.

The current decline is blamed on cheap oil. OK, I understand why that's bad for the petrol sector and kills jobs in oil states but won't there come a time when the rest of the economy feels the benefits of cheap fuel?

Transportation, shipping, manufacturing, utilities? Will there be enough winners to offset the losers?

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Posted by: "David" <david@digitaldata.us>
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