MyCentralJersey.com | LETTER Low oil prices are great — maybe MyCentralJersey.com We will always be dependent on them unless we are willing to find the courage and political will to trade off their low oil prices for American energy independence. These “low” prices come with very serious direct and indirect costs which include:. Oil rout continues in volatile start to 2015 UPDATE 10-Oil declines in thin, volatile trading Oil reverses losses in volatile start to 2015 |