3 ways cheaper oil could impact sales of restaurants

3 ways cheaper oil could impact sales of restaurants

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In the second half of last year, oil prices plunged from about $100 a barrel to less than $50. While oil prices remain volatile, there are several signs suggesting lower prices may stick around awhile. In fact, oil prices currently sit about 40 percent lower than they did a year ago, according to industry analysts. And recently several energy c.e.o.s said they’re preparing for prices to remain low for the next few years.

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