Wednesday, October 1, 2025

Steve’s Barking ; Bad News oil prices going down!

 Damn this crazy blogger is at it again. Everyone knows that the price of crude going down is great for the economy The price of driving will be cheaper. The price of moving goods should be cheaper. If the price of moving goods is cheaper perhaps the price of goods will become cheaper. Soooo how can the price of oil going down be bad news. Well because of supply and demand the price of crude going down would indicate that the demand isn’t there and that would indicate a slowdown in the economy.,  Perhaps there is an over production of oil, that isn’t good for oil companies. Bad news for oil producing states and perhaps bad news for the United States as a whole.

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