Tuesday, December 9, 2008

That's My Answer - Falling Gas Prices

With gas prices falling to record lows, are you concerned at all? Is it a good sign? Or a bad sign?

I guess I just don't know enough about the economy to know if I should be concerned with falling gas prices. I am happy about it because I will be able to go home for Christmas and it will only cost me 20.00 a tank instead of 50.00 a tank that I was paying the last time I went home.

With everything else going up Americans needed something to go down and with winter setting in those that use oil to heat their homes will be better off with the lower oil prices.

But to answer if this is good or bad, for the economy as a whole, well, I just don't know enough to answer that...but since I realize I don't know I believe I have something new I need to research now. I just hate not knowing stuff... :)


  1. Glad to hear your feeling better! I have bookmarked your blog, but it won't stay updated.....not sure why! Any way just wanted to let you know that I have caught up on your blogging!! LOL Hope you both are doing well and tell Kerry Hi, and I promise to give him a call, it was kinda hectic over Thanksgiving. Talk to ya soon!

  2. I'm just as bad--I don't have a clue if it's good or bad in the grand scheme of things. But I do know it gives folks a much needed break--which can't be ALL bad?
    I hope....LOL

    Now I'LL have to do research....

  3. Well it may sound good but here in Oklahoma and other oil producing states, it's a bad thing. A lot of the oil rigs are shutting down and people are losing their jobs. I don't know how it will affect things in the long run because like you I don't really know a great deal about the economy.