1.29.2016

Cheap oil bad?

Why Cheap Gas Might Not Be Good For The U.S. Economy : NPR

"Jim Bianco, president of Bianco Research in Chicago, evokes an old adage: 'The day that the price of oil falls, you might not like the reason.'"

Or even understand the reason. But here’s what I understand: As long as the house I live in is heated by oil and as long as it’s feaking January, cheap is good.

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