IER: The Good and the Bad for U.S. Consumers and the Oil Industry

[Note: The Institute for Energy Research is a DC-based think tank dedicated to the promotion of sensible energy policies and maximization of U.S. energy security. The piece here was published on their site yesterday, and is something I think everyone should read and absorb.]

Key Takeaways

1 - The recent 15% drop in oil prices means consumers can expect lo…