Quote:
Originally Posted by RandallNeighbour
Mavis: That's mostly your government's taxation scheme, right?
Everyone in the USA.... I live in Houston, TX and have neighbors and clients who work for oil and gas companies. This cheap barrel pricing due to OPEC is gonna hurt our economy here quite soon and layoffs are already occurring and a lot more to follow on January 2 after the holidays.
I don't mind paying $30 more for a tank of fuel to be honest with you all.
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It will definitely hurt our big oil producing states. In many ways the oil production boom in our country is what has forced the prices down so much. Overall the net for the US and most of the world is that lower oil prices is good for the economy and bad for countries that do not have our best interests.