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The Other Products Falling Oil Prices Are Making Cheaper | Entrepreneur

In the past six months, the price of oil has plunged more than half, from more than $100 a barrel to less than $50. That’s devastating for the Russian economy and energy companies, but it’s great news for anyone in the U.S. who needs to fill up a car with gas and keep a home warm in the frigid winter months.

Or, buy a whole lot of makeup.

Makeup. Yup, makeup. Makeup is one of a number of surprising products that are dependent upon the price of oil.

In the shipping and delivery industry, it’s common practice to levy a surcharge on consumers to compensate for the unpredictable cost of oil. The more expensive oil prices creep, the more consumers pay to have their packages delivered to their door. In the transportation industry, a fuel surcharge tends to be exceptionally transparent, broken down in a chart, published on the company’s website. People gripe when a fuel surcharge goes up, but they also know exactly why they are paying that fee and how much it is.

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The Other Products Falling Oil Prices Are Making Cheaper.

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