Most of those who work in drilling will be laid off in the next six months. Been there done that. But it doesn't change the fact that it will be over all beneficial to the economy.
I do believe you are correct that the money the average consumer will have in their pocket will be good. But can’t help but think there are other economic implications in this huge oil drop. The drop was not initially put in place by breakdowns in opec talks. But COVID-19. So what I am getting at is a drop in manufacturing, consumer spending, and travel. I’m just scratching the surface but I hope you understand what I’m getting at.
