Do you think the American economy would be boosted if gas and oil prices were lowered?
I know I would have extra spending money every week if I wasn't putting it into my gas tank. Would you contribute to the economy too?
Yes, but the price has to be dropped significantly for an extended period of time. For example, down to $3 or even $2.80 per gallon for at least 2 to3 months.
Which country in the two continents of America are you referring to. I expect that if gas and oil prices were lowered anywhere the central heating would be cheaper giving most people more spending money.
I agree it needs to be lowered significantly. I think a fair price would be no more than 2.79 a gallon.
Im referring to the USA
It's not the cost of fuel that's killing our economy, it's over spending. You can't continue to spend more than you take in, that goes for schools, post office, local governments, businesses and people in general.
by Scott Belford 5 years ago
After oil prices came down to record lows after the Great 2008 Recession during the Obama administration, they have skyrocketed since Trump took office. Around the beginning of 2016, Brent Oil prices were around $30/bbl. Today, they are north of $80/bbl.Why?
by Jane Stevens 12 years ago
Truck drivers couldn't fill their rigs, Airlines couldn't afford to fuel up, shipping prices drove prices up on the shelf, companies started laying off people, the job market started falling in big numbers, the automobile manufacturers started losing sales and faced bankruptcies, loan defaults...
by qwark 13 years ago
Energy money RULES!Those who are dedicated to destroying the American economy KNOW that this is the way to bring us down...and they are doing it!The economy, being as it is today, if a barrel of "crude" rises to $180.00 - $190.00's, and gas rises to $5.00's a gallon, the cost of living...
by Lgali 14 years ago
Oil Prices Going up Means Economy is Doing Good..
by Aqeel Saeed 14 years ago
It fluctuate between $ 148 per barrel to $ 33 per barrel.
by Holle Abee 13 years ago
I felt it my duty today, as a patriotic American, to help stimulate the economy. I took my three grown daughters and the youngest grandchild Christmas shopping today. We bought tons of toys at Toys R Us, then we went to my favorite oyster bar for drinks, grouper, shrimp, and of course, OYSTERS!...
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