As much as we love paying $1.75 for gas it is really bad for the - TopicsExpress



          

As much as we love paying $1.75 for gas it is really bad for the economy. companies are beginning to lay off oil field workers and the eagle ford shale is starting to cut production. with gas at less that $50 a barrel it could set for an economic collapse. there needs to a cut in worldwide oil production to bring the prices up to at least $90-$100 a barrel. of course we would probably go back up to $3.00 + A GALLON BUT IT WOULD KEEP PEOPLE EMPLOYED. business.financialpost/2015/01/15/schlumberger-to-cut-9000-jobs-as-low-oil-prices-bite/?__lsa=467d-0786
Posted on: Fri, 16 Jan 2015 03:23:11 +0000

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