Stories on oil prices crash

(Photo: John Massie/Flickr - License)

For more than a month now, we have seen quite a few stories about the fall of oil prices. Here are a few catching headlines.And of course, you can monitor prices from my Fuel Economy page on this blog.

• Oil prices at $50: Why a barrel of crude costs less than your shoes (Christian Science Monitor) - Catchy headline that compares the price of oil with the price of an everyday item. See also this comparison with Frappuccino and other foods (ABC News).
• Market experts are wondering how low oil price could fall, and that shows on Bloomberg and CNBC. $45? $40? Or $35? Any better?
• For consumers, $2 per gallon prices (Car Connection) looks good. It's is apparently equivalent to $60M in tax credits (CNN).
• For the economy, in the short term it may improve (NYT), however in he long term, opinions are mitigated... is economic demand falling?
• For overall car fuel economy, large car sales seem to pick up (NPR), however car fuel economy progress may slow for a little while (Minnesota Public Radio).
• Airlines who started adding fuel surcharges starting 2007-2008 are not removing them anytime soon (USA Today) (except Alaska Air, for a limited time?)