How great to read the many articles about people saving money and being able to spend on other things, the dollars that once went into their gas tank. Surprising is the lack of stories written about the ripple effect of fuel costs.
Should we not see reduced prices for produce and other foods which have to be trucked to markets? Will truckers pass on at least some of the fuel savings so that end consumers might benefit? Have there been reductions in air, rail and bus travel costs?
My general feeling is that the overall economy is stimulated by the lower fuel costs even though folks holding energy company stocks have had to endure some give back.