How much does low oil prices hurt or help the global economy?
This question should interest all Americans. Oil prices either high or low, influence most aspects of our life's. There are some obvious effects of oil prices, for instance the price at the pump, but it goes a lot further than that.
If you look around, most products we use every day has some petroleum influence. Either these products are made using petroleum or at the very least there is logistic aspect of delivering products from point A to point B.
The higher the price of oil, the more expensive our products become. It is safe to say most people enjoy lower oil prices.
But how does affect the economy?
Is detrimental to our countries economy or does it help our economy. These are all question I aim to address in this research paper
Attachment:- exploratory_research_log_and_paper.zip