Originally Posted by
midas360
Don't let current oil prices discourage anyone. The dropping price is basically a reflection of too much oil supply versus too little demand. This will be temporary as it's being viewed as a tax cut for consumers and corporate America. Imagine how much will be saved for the consumer and retailers, airline industry, UPS, FedEx, etc... The list goes on. I would be a buyer of the cheap oil drillers once oil prices stabilize. Will it drive consumers to buy new or used cars? I doubt it. They've been buying regardless.