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    Back to Press Play with Madeleine Brand

    Press Play with Madeleine Brand

    A Worldwide View of Low Oil Prices

    It’s not just California that’s feeling the effects of cheap oil. Thousands of contract workers in the oil industry have been laid off around the world. This week, oil giant BP announced that it will freeze pay for 84,000 workers, and governments in places like Venezuela, Nigeria and Russia - which are dependent on oil - are running out of money.

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    By Madeleine Brand • Jan 29, 2015 • 1 min read

    It’s not just California that’s feeling the effects of cheap oil. Thousands of contract workers in the oil industry have been laid off around the world. This week, oil giant BP announced that it will freeze pay for 84,000 workers, and governments in places like Venezuela, Nigeria and Russia - which are dependent on oil - are running out of money. We take a look at how low oil prices are playing out around the globe.

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Madeleine Brand

      Host, 'Press Play'

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Andrew Walsh

      Too Beautiful to Live

    • KCRW placeholder

      Christian Bordal

      Managing Producer, Greater LA

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      Matt Holzman

      Producer, 'The Document'

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      Gary Hufbauer

      Peterson Institute for International Economics

      News
    Back to Press Play with Madeleine Brand