… we have a small favor to ask. Thousands of people have placed their trust in the Racine County Eye’s high-impact journalism because we focus on solutions-based journalism.
With no shareholders or billionaire owners, we can provide trustworthy journalism that focuses on helping readers.
Unlike many others, Racine County Eye’s journalism is available for everyone to read, regardless of what they can afford to pay. We do this because we believe in information equality. Greater numbers of people can keep track of events, understand their impact on people and communities, and become inspired to take meaningful action.
If there were ever a time to join us, it is now. Every contribution, however big or small, powers our journalism and sustains our future. Support the Racine County Eye from as little as $5 – it only takes a minute. Thank you.
So what gives?
Oil prices are mainly dropping because the U.S. is pumping out a lot more oil in North Dakota and Texas because technology advances have have allowed companies to tap into areas that previously not cost effective to drill in. With the U.S. less reliant on foreign-oil, it has less effect on the price. But U.S. demand for oil though is also shrinking.
So how low can the gas prices go?
Analysts say we could see $2 before too long, according to a story by Dailyfinance.com.