| Some say yes because low prices give consumers more money and cut manufacturing costs. Others say the damage to the oil sector cancels out the benefits. Oil prices have been on a wild ride lately.
From late 2010 to late 2014, U.S. crude traded between roughly $80 and $110 a barrel. Then came a plunge. Earlier this year, they were down to around $26—but then soared to $50 in early June, signaling that a longstanding oil glut might be waning............................................Full Article: Source
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