Oil falls under $69 a barrel!!! that's half of what it was

[Coca-Cola]

NJ5 said:

Coca-Cola said:
If they will just lower the price of oil to $2, then consumption will go up.

Again, why am I paying $3.25?

I'll buy more gas and travel more if it's $2

You're thinking about it the wrong way. If gas dropped that much, it most likely would be because people aren't buying it (or because there's too much supply, which won't be a long lived situation). If demand increases a lot when it reaches $2, prices would start going up again.

If prices go to $2 and stay there for long, things have probably gone quite bad already.

 

I know

I was just thinking about me right now.