Tag Archives: OIL PRICES

Oil Prices drop to $91 per barrel which should improve the cost of living-

Monday saw a drop in oil prices which has continued through today. No one can figure out what happened, as much of the news reports.

Many are quick to report that these are all indicators of a further down turn in the economy.

But we must be quick to remember, it is HIGH oil prices that drive the cost of living up and CHEAP oil prices that bring prosperity.

Which brings the question, is the news media bent on seeing the worst on every side or have they just been doing it for so long that they forgot to be optimistic?