U.S. Economy

In Search of the Cheap Oil Dividend

It's hard to see where Americans are spending money saved at the pump.

Can you see it?

Photographer: Simon Dawson/Bloomberg

Given all the money that U.S. consumers have been saving at the gas pump, they should be boosting the economy by spending more on other stuff. If such a "cheap oil dividend" exists, though, it's very hard to see it in retail sales.

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