Low Oil Cost May Change Economy by: Skiler Houston

                            The low cost of oil is taking away hundreds of billions from oil contributors. The economy for Europe and Japan is suffering  from the multi billion dollar loss. This loss is causing a dramatic change all across the world. The price of oil dropping more than 40 percent governments still want to pump the oil the same rate as they have been dong. It is a benefit to the citizens of The United States. Citizens are saving more money on gasoline than when it only cost 99c. There are some benefits and some concerns following the cost of the oil. Statistics show that gasoline will drop 10 to 20 cents from the $2.77 that it cost regularly.




                           I believe this a good thing. Gasoline and other products using oil is very high in rate. I'm Excited to see it drop even more. Even though I'm getting the benefit of the doubt. The other countries who are suffering should come up with a good way to benefit themselves without making the prices rise.















http://www.washingtonpost.com/business/economy/as-oil-prices-plunge-wide-ranging-effects-for-consumers-and-the-global-economy/2014/12/01/904984b2-7971-11e4-9a27-6fdbc612bff8_story.html