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    Back to To the Point

    To the Point

    Politics, Oil Production and the Price of Gasoline

    Moammar Gadhafi may or may not be driven from power. In the meantime, unrest and international sanctions have cut Libya's oil production by half. On Friday, unhappy Saudi Arabians plan a "Day of Rage," threatening instability for the biggest oil supplier of all.

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    By Warren Olney • May 12, 2014 • 1 min read

    Moammar Gadhafi may or may not be driven from power. In the meantime, unrest and international sanctions have cut Libya's oil production by half. On Friday, unhappy Saudi Arabians plan a "Day of Rage," threatening instability for the biggest oil supplier of all. Fear of further disruption and rank speculation on oil are driving the price of gasoline higher. The concern of most Americans is the price of gasoline by the gallon, and it's rising fast -- even though the United States has plenty on hand at the moment. Should we increase domestic oil production? Tap into strategic reserves? Or jack up the Green Economy faster, whatever the cost?

    The full episode

    2 of 3
    Oil Prices and Unrest in the Middle East
    1. 0:00Gadhafi Forces Score Key Victories against Rebels
    2. 7:42Politics, Oil Production and the Price of GasolineYou’re reading this
    3. 43:44Barbie Packs Her Bags in Shanghai
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Katie Cooper

      Producer, 'One year Later'

    • KCRW placeholder

      Andrea Brody

      Senior Producer, KCRW's Life Examined and To the Point podcast

    • KCRW placeholder

      Karen Radziner

      Managing Producer, To the Point & Which Way LA?

    • KCRW placeholder

      Matt Wald

      New York Times

    • KCRW placeholder

      Daniel Weiss

      Center for American Progress

    • KCRW placeholder

      Robert Bryce

      Manhattan Institute

      NewsNationalPolitics

    The full episode

    2 of 3
    Oil Prices and Unrest in the Middle East
    1. 0:00Gadhafi Forces Score Key Victories against Rebels
    2. 7:42Politics, Oil Production and the Price of GasolineYou’re reading this
    3. 43:44Barbie Packs Her Bags in Shanghai
    Back to To the Point