I saw the
Get out of the stock market
Signs months ago. The question you ask is a several hours long conversation and then lots of what I would have offered would be speculative. There's, IMO,a sort of sliding scale to consider.
Oil gets expensive, people spend eighty bucks to fill up, so, discretionary spending drops, hurting the overall economy.
Oil gets cheap, well, WHY did it get cheap? Oversupply or dollar strengthening?
If it's dollar strengthening, then that's Deflation. Talk about a Keynesians worst nightmare. And, if it Truly IS dollar strengthening, then wouldn't it also hold true that if fewer dollars are needed to buy a barrel of oil, wouldn't it also require fewer dollars to buy a stock?
Now, what if it's a combination? Ohh, look at the variables That throws in.
Look up
Number of barrels of oil in storage

How many oil tankers are loaded and parked?
Zero, for all I know, but maybe not.

At some point the lower price starts to bring drilling to a halt.
Look up
Rig count
A sharp downturn won't immediately affect drilling. Rigs that are running keep running. Contracts are signed to drill, penalty clauses....
Oil companies have to maintain cash flow to pay for the drilling contractors they hired and to keep production up.
Look up
Lift costs per barrel of oil


Then, in spite of all the rosy rhetoric, the unemployment figure is NOT 6%, it's Way more. You Do know that when someone has gotten all the unemployment benefits they have coming that they are then no longer counted as Unemployed, right?

Check out
Shadowstats


Homeless people don't drive to work a lot, either.

P.S.,

A quart is STILL four bucks.

Oil is a commodity and subject to price fluctuation because of supply and demand. The world economy is slow right now and oil production has remained steady so the prices are dropping. It's nothing more than that.

politicians,  mostly Democrats of course, wanted to crucify oil executives a few years ago for "obscene" profits and they slapped additional taxes on them. Now that their revenues are dropping, shouldn't Hilary and Sanders be jumping for joy! To bad for people nearing retirement whose investments are tanking....

It's like Walmart...... Democrats hate Walmart until they close doors and lay people off, then they demand they open them back up.

Liberal Democrats are the dumbest people on the planet.

I don't know how real or valid this is, but I saw a coupla points made and saw them as good food for thought.

Is it time to get ready for four dollar gas?


I watched a Bush , when told about how much the Europeans pay for gas, Say
I don't see why we can't have that here.
One more News moment seen only once.
http://oilprice.com/Energy/Energy-General/The-Condensate-Con-How-Real-Is-The-...

Oil is on the commodity market...
It is a gambling chip, subject to speculation.
This also affects price.

...as an aside... wouldn't this be a good time to add say a 50 cent tax to gas,... to be used to fix our roads and infrastructure?...
I know,.. nobody wants more taxes... but roads suck!....
Damaging the heck out of our rides...

AAA: pothole damage costs drivers $6.4 billion a year
http://www.wusa9.com/story/news/nation/2014/02/24/potholes-damage-cost-us/577...

raydawg wrote on 01/20/16 at 06:05:32:


Well, its true that oil has unique supply pressures and its also true that any product bought and sold in such large volumes  is never totally  operating in a free market environment. After all, we're not talking about snowcones being sold on the corner.

How low will the price of oil go?  I suspect it will go to $20 a barrel.  Even Iran is going to start exporting oil as well.  

Best regards,

HovisPresley wrote on 01/20/16 at 08:19:39:


Yea, check next to your tin foil hat conspiracy flag.