Saturday, January 10, 2015

Best: Cheap oil no friend to our traditional arguments

In Denver, gasoline dipped below $2 per gallon after Christmas, and I’ve heard rumors of $1.75. Most of us like this immensely. Not so the stock market, which has stumbled as oil prices have dipped below $50 per barrel. Cheap oil has also gummed up a variety of political arguments.

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