Transportation,
Law Practice
Feb. 5, 2016
What's next for oil's new economy?
There are few commodities in the world that affect daily life like oil. So when the price of oil drops, its impact ricochets throughout the economy.
Jonathan A. Michaels
Managing Partner
MLG Attorneys at Law
Phone: (949) 581-6900
Email: jmichaels@defectattorney.com
Whittier Coll SOL; CA
Jonathan specializes in representing clients in the automotive industry.
There are few commodities in the world that affect daily life like oil. It's just everywhere. The easy application is gasoline, but the list beyond that is mind-numbing. Oil is used to make plastic, cosmetics, detergent, nylon and a host of other non-obvious consumer goods we use on a daily basis. So when the price of oil drops, its impact ricochets throughout the economy.
Oil didn't kill the economy in 2008, but it made every effort to snuff out its last breath. At the time, the U.S...
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