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Forum nameGeneral Discussion
Topic subjectbut it's not just people
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=12714282&mesg_id=12714427
12714427, but it's not just people
Posted by howisya, Fri Jan-30-15 03:30 PM
a lot of people do invest in oil stocks individually, but the company you work for probably also invests in the stock market, and if that includes in the energy sector, they are taking a hit, which trickles down. likewise government invests. there's less money to go around because of this.


>plus if you ave money to own stock chances are gas prices
>arent going to make or break you anyways. But people who
>struggle to make it week to week this is definitely helping
>their pockets out.

not make or break, but the middle class is losing on this because so many of us own individual oil company stocks, index funds, or both. i'm happy to see lower prices at the pump because i always thought the inflated prices were bogus, but i'm more than paying for the difference because i happen to be invested. i won't shed a tear for the oil companies, fuck 'em, but i am losing money for now.