In the last year we have seen oil prices drop by 50 %, and yet we still see increases of gas prices at pumps in Kelowna. Many are a protesting pipeline development, while other countries economies are slumping.
What’s going on?
I listened this podcast from American Public Media – Market Place Weekend on the labour day weekend. Well worth the listen if you have questions regarding oil.
Find out how oil plays a big role throughout the economy, the history of America’s reliance on oil, the effects it is having an worker who travels throughout the world to work on rigs and learn why a gallon of gas costs what it does.
MarketPlace Weekend – Sept 4/15 – Black Gold Oil