A barrel at west texas intermediate dipped below 50. So how will this dramatic collapse in energy costs impact the economy and consumers . Steve liesman takes a look. Reporter plunging oil prices raised a few economic puzzles. First, since the u. S. Is now such a huge oil producer wouldnt it be a drag on the economy or a benefit . This is key to the first, what will consumers do with the wind fall . Save spend, or pay down debt . Disappointing retail sales in december suggest consumers parting only reluctantly with the extra petro dollars in their pocket. People are waiting to see if this is real and take a while before adjusting their spending pattern. Reporter to be sure the case is not closed. Consumer spending was strong in october and november leaving some economists to forecast that Fourth Quarter growth will sport the best Consumer Spending number since the Great Recession ended. The december data may yet be revised and just because consumers took a break doesnt mean that the oi
A barrel at west texas intermediate dipped below 50. So how will this dramatic collapse in energy costs impact the economy and consumers . Steve liesman takes a look. Reporter plunging oil prices raised a few economic puzzles. First, since the u. S. Is now such a huge oil producer wouldnt it be a drag on the economy or a benefit . This is key to the first, what will consumers do with the wind fall . Save spend, or pay down debt . Disappointing retail sales in december suggest consumers parting only reluctantly with the extra petro dollars in their pocket. People are waiting to see if this is real and take a while before adjusting their spending pattern. Reporter to be sure the case is not closed. Consumer spending was strong in october and november leaving some economists to forecast that Fourth Quarter growth will sport the best Consumer Spending number since the Great Recession ended. The december data may yet be revised and just because consumers took a break doesnt mean that the oi
A barrel at west texas intermediate dipped below 50. So how will this dramatic collapse in energy costs impact the economy and consumers . Steve liesman takes a look. Reporter plunging oil prices raised a few economic puzzles. First, since the u. S. Is now such a huge oil producer wouldnt it be a drag on the economy or a benefit . This is key to the first, what will consumers do with the wind fall . Save spend, or pay down debt . Disappointing retail sales in december suggest consumers parting only reluctantly with the extra petro dollars in their pocket. People are waiting to see if this is real and take a while before adjusting their spending pattern. Reporter to be sure the case is not closed. Consumer spending was strong in october and november leaving some economists to forecast that Fourth Quarter growth will sport the best Consumer Spending number since the Great Recession ended. The december data may yet be revised and just because consumers took a break doesnt mean that the oi
A barrel at west texas intermediate dipped below 50. So how will this dramatic collapse in energy costs impact the economy and consumers . Steve liesman takes a look. Reporter plunging oil prices raised a few economic puzzles. First, since the u. S. Is now such a huge oil producer wouldnt it be a drag on the economy or a benefit . This is key to the first, what will consumers do with the wind fall . Save spend, or pay down debt . Disappointing retail sales in december suggest consumers parting only reluctantly with the extra petro dollars in their pocket. People are waiting to see if this is real and take a while before adjusting their spending pattern. Reporter to be sure the case is not closed. Consumer spending was strong in october and november leaving some economists to forecast that Fourth Quarter growth will sport the best Consumer Spending number since the Great Recession ended. The december data may yet be revised and just because consumers took a break doesnt mean that the oi
Obsidian Energy (TSE:OBE – Get Free Report) will be announcing its earnings results before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of C$0.27 per share for the quarter. Obsidian Energy (TSE:OBE – Get Free Report) last posted its earnings results on Thursday, February 22nd. The company reported C$0.42 […]