How bout DEM gas prices..

[jms62]

Originally Posted by bigrun

Buck 95 here and still coming down...Thank you POTUS..keep up the good work

Thak you POTUS for those stock prices. Be careful what you wish for.

[casp0555]

enjoy it while it lasts

http://www.foxbusiness.com/investing...ut-oil-prices/

"there is an even greater long-term risk to the global economy from the lower oil prices of today because of the lack of investments being made in non-OPEC production during the downturn. Oil companies around the world are deferring and canceling expensive long-term oil projects that are needed to meet future demand. These projects will be needed because the depletion of oil reservoirs means that global oil production declines at a 4% rate per year, while demand has been increasing by roughly 1% per year because of economic and population growth."

[Danzig]

Originally Posted by jms62

Thak you POTUS for those stock prices. Be careful what you wish for.

It boggles my mind how much praise or blame is garnered by the President for things that he has so little control of.
Thing is....so many companies are holding onto cash rather than looking into capital investments, r and d....oil and gas is one of the few industries doing so. Yes, its nice to see lower prices, but what are the long term consequences? Obviously, the prices aren't falling on other items that are quick to raise prices when transportation costs go up.