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The Source: Oil Tumbles Continue

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Mose Buchele | NPR StateImpact

Declining demand in China-as well as fear over that country's economiy-has sent the price of oil dropping to new six-year lows today, sitting at just over $38 a barrel of West Texas Intermediate. 

Will it be enough to shave off production, make Saudi Arabia think twice, or shale players call it a day? How low could we go on this?

Guests:

  • Russell Gold, Senior Energy Reporter for the Wall Street Journal, author of the book "The Boom: How Fracking Ignited the American Energy Revolution and Changed the World"
  • Karr Ingham, Energy Economist for Ingham Economics Reports 
Paul Flahive can be reached at Paul@tpr.org and on Twitter at @paulflahive