Saturday, October 25, 2008

Lower Oil Prices are a Glimpse of a Positive Future

News keeps coming of the continuing slide in oil prices. This is good news for a couple of reasons. First, it is more money in the pockets of consumers who are being hit hard by economic hard times right now.

But more importantly, the decline in oil prices is a direct result of a drop in demand...this drop in demand is causing economic chaos in places I love--like Iran, Saudi Arabia, Venezuela, etc. As we begin to move beyond our fossil fuel driven economy (further driving down demand!) places that wish us harm will find themselves getting their just desserts.

1 comment:

Mudge said...

And just in time for my drive to South Dakota! I may just leave the engine running at rest stops!

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