Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars. |
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<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: markinnaples</div><div class="ubbcode-body">I know the domestic petroleum industry is really getting hurt but I, personally, appreciate the lower gas prices. A family member lost his job and my workplace traditionally lends to a lot of individuals in the oil industry but we're holding our own. In the grand scheme of things, I think more people are benefitting from the lower gas prices than have been hurt. And regarding the stock prices, I view it as just an opportunity to buy, unless of course you're retired and relying on those stocks for your short term income. </div></div>
Those who were doing well (stocks) when prices were high are dealing with the cyclical nature of such things. I would thing that in the long run, they should still be $$ ahead...as gas prices have been higher longer than they have been cheap. BTW, gas here in AZ is around 1.55 ish a gallon....
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