Tag Archives: Oil Prices

Drilling Under the Surface: Lower Oil Prices a Boon to Economy and Hiring

December 10, 2014 The U.S. economy could get a boost in the fourth quarter as tumbling oil prices support increased consumption and lower costs for manufacturing companies and shipping services. With oil prices down 42 percent since last June to $63 per barrel, consumers save approximately $200 million per day in gas expenses, which may […]