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larry n
Lv 4
larry n asked in Social ScienceEconomics · 1 decade ago

How will the current dangerously low oil price affect the US economy?

3 Answers

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  • mattharris73
    1 decade ago
    Favorite Answer

    Dangerously low????

    Low oil prices can only help the economy.

    People will be more willing to drive and spend when petroleum products are cheap.

  • camerainvestment
    1 decade ago

    it will not affected the usa but will affected other country like canada

  • ChocolateCoveredGoodness
    Lv 5
    1 decade ago

    It could hurt us by reducing the incentive to invest in alternative energy-- which we need to take seriously.

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