Oil slid again. I am sure every Cottrell owner, carhauler, trucker, autohauler, etc is enjoying this. Oil going down is good but the reason for it is not. Post sequester I have witnessed the economy hit the brakes whether it was merited or not. Now hold on, I do not mean the affluent economy of the stock market or the large international company that benefits by less US debt and increasing value of the dollar.
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| Cottrell Trailers And The Price Of Oil? |
I am talking about our economy. You know the real economy. The one that surrounds buying and selling, job creation (or lack thereof) or the reality that 98% of the American Population faces. That economy is slowing.
So lower oil prices may be good, but they are not part of a good trend..
http://www.thetrucker.com/News/Stories/2013/4/17/Oilslidecontinuesendsat8668.aspx
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Red Safety Flag
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