Monday, October 27, 2014

Oil drops below $80

Photo: Lucy Nicholson / Reuters

Oil dropped below $80 per barrel on Monday morning. Low gas prices are good for the economy. (Yahoo Finance)

JG: In my neighborhood gasoline prices have currently gone down to $2.82 a gallon. When I was going to college in the 1960's they had price wars among the retailers, and I remember paying 19 cents for a gallon of gasoline. Those were the good times!

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