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    Back to To the Point

    To the Point

    When Oil Falls, Who Wins?

    It seems like yesterday that oil prices were going up—pushing the price of gasoline along with them. Oh, how times have changed. One oil analyst says we’re seeing an “epic” transformation—bigger than anything in a generation.

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    By Warren Olney • Dec 5, 2014 • 1 min read

    It seems like yesterday that oil prices were going up—pushing the price of gasoline along with them. Oh, how times have changed. One oil analyst says we’re seeing an “epic” transformation—bigger than anything in a generation.

    Oil now costs less than 70 dollars a barrel on the world market, and it’s expected to go even lower. That’s great for America’s consumer economy, but it’s big trouble for countries that depend on oil exports. We’ll look at the consequences, both good and bad—for international stability and the environment.

    The full episode

    2 of 3
    Declining Oil Prices Makes for Winners… and Losers
    1. 1:49Jobs Report Points to a Healthy, Robust US Economy
    2. 8:52When Oil Falls, Who Wins?You’re reading this
    3. 43:12NASA’s Orion Nails Its Test Flight
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

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

      Benjamin Gottlieb

      Reporter, Fill-in Host

    • KCRW placeholder

      Katie Cooper

      Producer, 'One year Later'

    • KCRW placeholder

      Tom Kloza

      Oil Price Information Service

    • KCRW placeholder

      Christopher Knittel

      MIT

    • KCRW placeholder

      Michael A. Levi

      Council on Foreign Relations

      NewsNationalPolitics

    The full episode

    2 of 3
    Declining Oil Prices Makes for Winners… and Losers
    1. 1:49Jobs Report Points to a Healthy, Robust US Economy
    2. 8:52When Oil Falls, Who Wins?You’re reading this
    3. 43:12NASA’s Orion Nails Its Test Flight
    Back to To the Point