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6 ways the oil price drop is great for the American economy

Posted on AllSides December 3rd, 2014
From The Left

Oil keeps getting cheaper, with a barrel costing about $30 less than it did three months ago. This is big news for the major oil producing countries, obviously, but it also has important — and dramatically positive — implications for the short-term American economic outlook. That's obvious if you're a heavy driver looking for some relief at the pump, but in truth the positive consequences are broad and widespread and the impact should be felt even by non-drivers.

Here are six w

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http://www.vox.com/2014/12/3/7319787/oil-economy

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