Wake

The days of $100 a barrel oil are over. Since 2015, prices have hovered near $50 as oil producers keep pumping, often in a desperate bid to support government revenues. The new price landscape spells ruin for some, but opportunity for others. How is cheap oil affecting life in America? What does it mean for the future? For the fight against climate change? Helping us to consider those questions are: Thina Saltvedt, chief analyst for Macro Oil at Nordea Markets. Morgan Downey, author of “Oil 101,” and CEO of Money.Net. Robert McNally, author of “Crude Volatility” and president of the Rapidan Group. If you enjoy the show, follow us on Twitter @WakeOnAir. Want to leave us feedback? Shoot us an email at wake@talkmedianews.com Recorded May 4, 2017.  Hosted by Luke Vargas. Distributed by Talk Media News.