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Professor Clayton-Matthews: Plunge in heating oil prices to free up money for households
Alan Clayton-Matthews, professor and director of quantitative methods in the School of Public Policy and Urban Affairs, says the drop in heating oil prices may provide a small boost to the state’s economy.
Heating oil prices are at their lowest levels since 2009, and Clayton-Matthews told The Boston Globe the drop in heating oil prices will free up money for households to spend on other things.
“For most households, 800 to a thousand bucks is a big deal,” he told the Globe.