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talking about driving this collapse is the price of oil. absolutely. i mean the price of oil is back to where it was when i first started covering energy back in 2003. it is amazing to me, i d like to buy about six barrels and put them in my office. it s very good for the consumer. it means the price of gas is going to go a lot lower so of course, that s something to celebrate. but it is tough for the stock market. because it s bad for oil companies. they drive the dow. it s also going to mean a lot of layoffs in the industry, that s inevitable. it s bad for the big banks. they back a lot of these trades. back a lot of the contracts. the real question is, what does it say about the economy going forward? that s why there s so much focus on the price of oil. even though you think oil going lower would be a good thing. besides putting barrels in your office, are there other people who see this as an opportunity? you know, not quite yet. when you look at the stock market,
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