Low Gas Prices Give Obama a Break

Even President Obama “likely would agree that 2014 has been a tough year for him—and he doubtless would welcome a sign that he will catch a break or two in 2015,” the Wall Street Journal reports.

“Well, here’s one: Low oil prices now appear likely to be with us deep into next year, at least, and they are shaping up as a win-win for the president. It’s hard to imagine a single development that carries so many upsides and so few downsides. The domestic economic benefits are obvious; more intriguing but less obvious are the ways low oil prices benefit American strategy around the world.”