International low oil prices hurt the U.S. economy! winpm

International low oil prices hurt the U.S. economy! Abstract: because of the decline in investment in the oil sector, the investment in the non oil sector is also declining. Some data show that although oil and gas prices, but the bank did not reduce the energy sector loans. According to the Oil website, the 2014 international oil prices began to fall, the Fed had claimed that the sharp drop in oil prices, will give every American households save nearly $700 in spending, which will bring power to stimulate the U.S. economy. But a new report from Brookings Institution shows that the fall in oil prices has not helped the U.S. economy. The report said that due to low oil prices, the U.S. consumer spending rose by 0.61%, which means that the increase of the wages of American workers, but because prices are too low in the amount of investment in petroleum industry fell 0.62%, which is almost perfectly offset by low oil prices the benefits for the American economy. The report also shows that the number of Americans buying cars is on the rise, and U.S. trade is moving in a positive direction. In addition, due to the decline in investment in the oil sector, the amount of investment in the non oil sector is also declining. Some data show that although oil and gas prices, but the bank did not reduce the energy sector loans. The shale oil industry to the U.S. economy is still very important to hear the report of the analysis above, you may feel very depressed, but just by this point we can see clearly the importance of the oil industry in the U.S. economy, while the development of oil shale in the U.S. economy is also play a positive role. The final conclusion of the report is: "if there is no boom in US shale oil, the US economy may respond differently to lower oil prices. In addition, investment in the energy sector will offset the impact of real oil prices on personal spending." In short, the key question is whether the U.S. economy will be more affected by the increased investment in the energy sector in the context of high oil prices. The report also said that in the current circumstances, the continued increase in international oil prices is expected to increase investment in the energy industry can not improve. Especially in the current, shale oil companies are adjusting themselves to adapt to low oil prices. At present, most of the energy companies are in accordance with the 18 month wage budget, in order to prevent a sharp decline in oil prices. The willingness of financial institutions to increase investment in energy production depends on the future development of the energy industry and the price of oil. Considering the effect of low oil prices on the economy, the report also believes that this round of international oil prices, reminiscent of the 1986 decline in oil prices, when the expected low oil prices will increase consumption, but still is the oil industry to offset the decline in investment. Of course, the decline in oil prices in 1986 did not have a great impact on the U.S. economy, so the residents should have more room to enjoy the benefits of low oil prices. (Yilia) more exciting content to welcome the search WeChat public concern number: Tencent Finance (financeapp).相关的主题文章: