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The United States has become one of the world’s largest producers of oil, surpassing Saudi Arabia. But the US might be running out of space to store all the oil. If companies sell off large amounts of oil to open up storage space, what will happen to the price? Listen to learn more about this debate of supply, demand and cost when it comes to oil production, speculation and storage.
Story Length: 4:02
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AIR DATE: 03/30/2015
December 17, 2014
3:52
While Americans are enjoying low gas prices, oil producing nations are feeling the squeeze as the value of their biggest commodity continues to decline. Why is the price of oil dropping and who is it impacting? Listen to learn more about the international consequences of low oil prices and the interconnectedness of the international economy.
Read MoreOctober 27, 2014
4:09
The price of a gallon of gas is dropping dramatically, in some cases more than 25 cents a gallon. This drop in price will mean people have more money to spend on other things. This public radio story analyzes the true economic impact this price drop could have on the economy as a whole.
Read MoreSeptember 12, 2014
4:22
This summer pork and beef prices are 11% higher than they were last summer. This rise in cost has not changed the buying habits of consumers. Today’s public radio story looks at the economics behind this rise in cost, and how supply and demand play into cost. It also features the perspective of farmers and people in the pork industry. Listen to learn why the supply of pork and beef is much lower this year than in years past.
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