Oil Price Drop: Who Will Feel the Pinch?
21st Century Wire says…
For the second straight year running, we are seeing a drop in oil prices and this translates to savings at the pump with many US states now enjoying prices below $2.00 per gallon. It’s also good for small to medium size businesses and translates into lower food prices (lower cost of transportation).
It also means that Fracking shale industry is no longer viable economically – which is good news if you are a fan of clean ground water.