Press Play with Madeleine Brand
Understanding Oil Prices
The price of oil has dipped below $60 a barrel, a five-year milestone. Meanwhile in the L.A. area, the price of regular gas has dropped below three dollars a gallon. What’s going on? With U.S. production way up, are the Saudis trying to drive U.S. oil producers out of the market? Can the U.S.
By Madeleine Brand • • 1 min readThe price of oil has dipped below $60 a barrel, a five-year milestone. Meanwhile in the L.A. area, the price of regular gas has dropped below three dollars a gallon. What’s going on? With U.S. production way up, are the Saudis trying to drive U.S. oil producers out of the market? Can the U.S. continue to frack oil from hard-to-access shale deposits at such low prices? And why do different gas stations -- often in close proximity to each other -- charge different rates?
The full episode
1 of 5
The Gas Price Roller Coaster, the Myth of Extreme Saving, and the Sony Hack- 0:00Understanding Oil PricesYou’re reading this
- 9:12What Do Falling Gas Prices Mean For L.A. Oil Producers?
- 17:54The Myth of Extreme Saving
- 26:38Movie Awards Season in Full Swing
- 41:50Sony Email Hacking Scandal Deepens
The full episode
1 of 5The Gas Price Roller Coaster, the Myth of Extreme Saving, and the Sony Hack- 0:00Understanding Oil PricesYou’re reading this
- 9:12What Do Falling Gas Prices Mean For L.A. Oil Producers?
- 17:54The Myth of Extreme Saving
- 26:38Movie Awards Season in Full Swing
- 41:50Sony Email Hacking Scandal Deepens