Sorry. I'm here to pontificate. Low energy prices are good and healthy for everyone except oil patch.
Relax. The oil and gas will still be in the ground when the price next crowds $100/barrel, which it inevitably will. Meanwhile, I intend to enjoy filling my tank for $50 instead of $100, and being able to keep the old oil burner in the basement roaring enough to stay comfy while the gales of winter howl outside.
It might even be good for the oil patch. Entrepreneurs are born out of necessity. How many may take a second look at methodology or technology that suddenly makes financial sense when your back is against the wall?
America’s edge, if regulators can be brought to heel, is innovation, not oil extraction.