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    Back to Which Way, L.A.?

    Which Way, L.A.?

    Is America's Thirst for Imported Oil Fueling Dictators?

    Oil prices are hovering near $100 a barrel, hurting U.S. consumers but sending hundreds of billions of dollars to unfriendly countries like Venezuela and Iran. How is the U.S. economy coping? Can the U.S. ever cut its oil dependence?

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    KCRW placeholderBy Jim Sterngold • Nov 21, 2007 • 30m Listen

    Oil prices are hovering near $100 a barrel, hurting U.S. consumers but sending hundreds of billions of dollars to unfriendly countries like Venezuela and Iran. How is the U.S. economy coping? Can the U.S. ever cut its oil dependence?

    Photo from L-R: Venezuelan President Hugo Chavez, Iranian President Mahmoud Ahmadinejad and Saudi King Abdullah bin Abdul Aziz al-Saud attend the OPEC meeting in Riyadh, 17 November 2007

    Photo Credit: Hassan Ammar/AFP/Getty Images

    In this episode

    1 story
    1. 0:00

      High Oil Prices Shifting Global Wealth and Power

      A decade ago, oil prices hovered near $20 a barrel and national security experts talked about missiles not pipelines. But the war in Iraq, instability in the Middle East and soaring energy demand have made oil an unsettling global issue. Today, as the US finds itself competing with China to lock up new oil supplies, oil prices hover near …

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      1 min
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      Jim Sterngold

      Wall Street Journal

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      Christian Bordal

      Managing Producer, Greater LA

    • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

      Sonya Geis

      Senior Managing Editor

      News

    In this episode

    1 story
    1. 0:001 min

      High Oil Prices Shifting Global Wealth and Power

    Back to Which Way, L.A.?