Falling oil and gasoline prices should deliver an early Christmas present to holiday shoppers and the economy in coming weeks, lifting consumption by a few billion dollars a month, economists say.
At the same time, sliding crude prices will hobble a resurgent U.S. oil industry, analysts say, but that will only partly offset the overall benefits for the economy.
“It’s going to put more money in consumers’ (pocketbooks) to spend on other goods and services,” economist Chris Lafakis of Moody’s analytics says.
Filled up for $2.25 per gallon this afternoon. I was pretty happy about that. Will it last?
https://www.usatoday.com/story/money/2018/11/16/gas-prices-decline-lift-spending-economy/2005708002/
I figure my tank fill-up cost about $10 less than what I paid about a month ago.
thank you president trump
Filled up for $2.25 per gallon this afternoon. I was pretty happy about that. Will it last?
https://www.usatoday.com/story/money/2018/11/16/gas-prices-decline-lift-spending-economy/2005708002/
I figure my tank fill-up cost about $10 less than what I paid about a month ago.
Hydrogen is the most abundant element in our universe and could revolutionize the entire energy industry, but it is still in it’s infancy (for practical purposes) and there are many issues to overcome including research cost, cost of building supporting infrastructure, and real safety concerns with the potential for fire/explosion.Stupid gas. I cant wait till Hydrogen power takes off.
Filled up for $2.25 per gallon this afternoon. I was pretty happy about that. Will it last?
https://www.usatoday.com/story/money/2018/11/16/gas-prices-decline-lift-spending-economy/2005708002/
I figure my tank fill-up cost about $10 less than what I paid about a month ago.
In general, prices drop during times of peak travel (Thanksgiving, Christmas, summer break, etc) This is to encourage people to go ahead and take their trips so they spend more overall.
It suits me fine, though. 3 trucks on the road at work and I have to send them around a 50 mile radius multiple times per day. Makes a much bigger difference to me than $10.
thank you president trump
Gas prices in California rising above $4 a gallon. While the national average is around $2.50
Sounds like a good reason to move.
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