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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (55937)11/19/2001 9:31:04 PM
From: StanX Long  Read Replies (2) | Respond to of 70976
 
Just saw the same info. Maria B. on CNBC, for every dollar savings on a barrel for oil, US economy spend $5 Billion more on non oil. They are predicting $0.80 a gallon for gas this summer.

Stan



To: Jacob Snyder who wrote (55937)11/19/2001 10:04:32 PM
From: ratan lal  Respond to of 70976
 
Lower energy prices will be a stimulus to growth, saving consumers at least $70 billion

You can save only if you have an income. With the continuing layoffs, the only positive will be income from somewhere and not savings.


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