Letter: Fear-mongering on oil prices ignores benefits to consumers
March 26How come our media are mourning on and on and everywhere about how the drop of oil price per barrel is such a serious blow to our economy, and not a drop of relief mentioned on behalf of poor consumers who see lower prices at the pump? It is not just the corporatist media wringing their hands about the loss to profits to “big oil.” They could be expected to whine about how disappointed they are that the Organization of the Petroleum Exporting Countries has refused to cut down on production so that oil prices can remain high.











