Oil Prices Nosedive: Good News at the Pump

For those worried about stock market losses if you aren't near retirement age, don't worry. It will come back. You are buying cheap stocks right now.

For those who are saying don't worry about the stock slide, think again. That's how economies start to scratch. Dozens of US-based oil companies have closed killing boon towns and creating job losses. Cheap at the pump is good for our personal pocketbooks which hopefully will have some ripple effect in the economy but overall it's not necessarily a good thing.