Dumb Policies Frustrate Benefits Of Falling Oil Prices

by Peter Morici.   Falling gas prices add to holiday cheer, but those are not an unvarnished good for the U.S. economy—thanks to bad economic policy. Oil selling at about $65 a barrel oil prices gives consumers and many businesses a lot of additional buying power, but it also puts a damper on the U.S. oil and gas boom. For now, U.S. oil    ...  MORE