The facts are not right here, energy is
cheap that means the cost
of manufacturing and transporting
of goods is low, food and consumers staples already more affordable, so what if a few American oil companies going out
of business.the cost
of producing oil in middle east is less
than $ 10 / bl and we were paying more
than $ 140 / bl for it, with that huge profit margin the big oil companies and oil producing
nations became richer and the
rest of us left behind, with the oil price this low the oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms
of the stock market it always bounces back, after all it's just a casino like game.