Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

Description: Oil prices dropped below $60 a barrel, the lowest since 2009. It’s great for consumers but it’s hurting the stock market.

Source: CNNMoney.com – video report

Date: Dec 12, 2014

Link: http://money.cnn.com/video/news/2014/12/12/oil-prices-drop.cnnmoney/

Questions for Discussions:

  • What are the consequences of lower oil prices for consumers, the oil industry and the economy as a whole?
  • What do you think the average person will do with the money saved at the gas pump?

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