The drop of oil prices in the past several years was one of the most important economic events. Since the start of 2016, oil prices have swung between $27 and $42 per barrel, about a quarter of the 2008 peak crude oil price of $145.
Oil prices also have a big and somewhat surprising impact on stock prices. There is a nice article about this at Business Week magazine.
"Oil Is the Cheap Date From Hell"
Wherever oil goes, the stock market goes. This relationship has got to end.
