In the last 24 hours, my website and blog have received most visitors from Santa Clara.
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In my opinion, the U.S. economy has been helped a lot by the WTI oil price being under
$100 a barrel. Now the Brent Ice needs to head south too, otherwise Europe will be held in a slow growth situation, which won't do other economies any good. Everybody's life is impacted by price of energy, as we are all consumers, it makes sense we should pay less, never mind the oil giants making huge profits....If oil is cheaper in Europe, it will help everybody, households, factories, offices, transport, everything. When there is war or talk of war, oil normally goes up. So there should be talk of peace, and negotiations for peace. A lower oil price will re-balance the demand structure, and all economies will prosper. Let's hope this can be the year of Peace and Prosperity.