Cheap Oil no Friend to Our Traditional Arguments
by Allen Best -WyoFile.com
Gasoline dipped below $2 per gallon after Christmas in Salt Lake City, Denver and other cities, and I’ve heard rumors of $1.75. Gas is selling for $1.70 in Laramie, Wyo. Most of us like this immensely. Not so the stock market, which was jarred by oil dipping below $50 per barrel. Cheap oil has also gummed up a variety of political arguments.