In this Thursday, July 16, 2015, file photo, a customer re-fuels her car at a Costco in Robinson Township, Pa. The plunging price of oil in 2016 is dragging stock markets to their worst start to a year ever, even though low fuel prices are great for consumers and most companies.
In this Thursday, July 16, 2015, file photo, a customer re-fuels her car at a Costco in Robinson Township, Pa. The plunging price of oil in 2016 is dragging stock markets to their worst start to a year ever, even though low fuel prices are great for consumers and most companies. Gene J. Puskar AP
In this Thursday, July 16, 2015, file photo, a customer re-fuels her car at a Costco in Robinson Township, Pa. The plunging price of oil in 2016 is dragging stock markets to their worst start to a year ever, even though low fuel prices are great for consumers and most companies. Gene J. Puskar AP

Cheap oil, good for consumers, is slamming stocks. Why?

January 23, 2016 12:30 PM

UPDATED January 23, 2016 06:22 PM

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