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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: Return to Sender who wrote (3821)	10/27/2014 9:08:25 AM
From: The Ox	Read Replies (1) of 8247

It won't happen overnight but lower oil prices, specifically prices of gas at the pump are a huge positive factor going forward. GS substantially lowered their 2015 oil price expectations. Already here in Chicago, we're seeing pump prices that haven't been around in a very long time. Multiply $10 to $30 for every fill up, millions of times over each month. That additional disposable income coming at this time, into the holiday season, is a big factor. This should help people spend more between now and the end of the year. If gas prices truly stay as low as GS is predicting for 2015, this will be a big plus for the US economy. We've seen the oil stocks crater already but we may not get much of a bounce back if these predictions hold true. For most of the world, these lower prices are also a big plus. The hardest hit by this will be Russia and, right now, the rest of the world have no problem seeing Putin and company feel the pinch.

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