While low gas prices are good for the average american and families its effecting our global economy as oil is dropping at alarming rates. Local economies surrounding domestic drilling and oil production sites stand to lose the most during the oil slowdown. "Falling oil prices and competitive OPEC output means many domestic outfits need to curb production to stay profitable, eroding the economic gains some states have made in the aftermath of the Great Recession," Tom Risen of US News.
Also effects our environment as people will drive more, people driving nationally have already surged 2.6 percent according to the Arizona daily star.
SOURCES
http://tucson.com/news/science/environment/there-are-sides-to-lower-gas-prices/article_df71b9d1-308d-5818-ac73-4f744cb55d56.html
http://www.usnews.com/news/articles/2015/01/14/fed-says-low-oil-prices-are-mixed-blessing
http://www.usnews.com/news/articles/2015/01/13/cheap-oil-good-news-for-consumers-mixed-bag-for-us-industry
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