Yesterday Oil prices fell again to recent record lows. Several perspectives have been offered on this thread. Below are two articles that seem to make sense????
I just find it hard to believe that over the course of last few months the fall has been so dramatic!!! Looks to me like we were REALLY over charged (everybody) for petroleum products for the past 5 or 6 years??? Despite political debate on this subject from my view this cost (to power the world) has been costly and unnecessary to the world economy. I know I am not an economist or petro scientist so the why and how perhaps escape me but it all seems to reveal the inevitable truth. Too bad it takes close to economic collapse to bring about some changes.

As I said before many more people would travel if they could afford it more easily (federal student loans 6.8%, utility increases, insurance costs, food, etc.... all up). Perhaps to many this is not a concern but for others (like myself and family) travel and vacations take a back seat to paying the bills!!!

Wishing everybody a great 2015 and hopefully see you in Negril again!!!

http://theweek.com/article/index/273...doing-the-same
http://www.reuters.com/article/2015/...0KE06V20150106