GREY:BXEFF - Post by User
Post by
Steelhead15on Dec 12, 2014 6:46pm
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Post# 23226315
Is the biggest single loser the governments
Is the biggest single loser the governmentsI've got to think falling oil and gasoline prices hurt the Govs in lost tax revenues. I think the Govs run day to day on income rather than have savings to fall back on. I'd think we will see Gov bugget constraints if this continues. They will then talk to the Saudis and others in the Mideast. Funny how loss of tax revenue may be the lever to raise oil price.