Do U expect lower oil prices will help the consumer eventually get back on their feet?

It is only temporary, you can bet. The oil companies now know that we are willing to pay the bucks for the product so it is never going back to the way it was.Do U expect lower oil prices will help the consumer eventually get back on their feet?
absolutely. High oil prices has led to a decline in the value of the US Dollar, which has led to an increase in goods exported by the US.





There are many industries affected by oil prices. Some more than others. Transportation companies, of course, such as airline companies will have lower fuel costs if oil prices decline. and many many other companies use products that are derived from petroleum, not to mention their freight costs.





I don't know to what extent dropping oil prices will help, but all else equal, it's a good thing for just about everyone except oil companies.Do U expect lower oil prices will help the consumer eventually get back on their feet?
Lower oil prices will help. But consumers need to do a lot to help themselves, like spend less, save, reduce debt, and invest wisely. Taking responsibility for yourself is the best way to get back on your feet.
No I do not. Not completely. Most of the consumers were consuming based on borrowed money. Borrow and spend. Borrow and spend. The party is over.
No. You need to learn how to save money in order to get back on your feet.