The Oil Price Plunge And You




Money Talking show

Summary: <p>Oil prices have dramatically dropped to levels not seen <a href="http://www.nytimes.com/interactive/2016/business/energy-environment/oil-prices.html" target="_blank">since 2004.</a> This week, the price of a barrel of oil traded below $30, down more than 60 percent from the recent highs in June 2014. For consumers, that's translated into a little money in their pocket: the average price of gasoline is <a href="http://www.npr.org/2016/01/06/462114303/despite-latest-saudi-iran-conflict-oil-prices-drop" target="_blank">$2.00</a> a gallon. So, cheap oil is good, right? This week on Money Talking, <a href="http://time.com/author/rana-foroohar/" target="_blank">Rana Foroohar</a> with Time Magazine and <a href="http://www.gregoryzuckerman.com/" target="_blank">Gregory Zuckerman</a> with the Wall Street Journal review the good, and the bad, about low oil prices and what it means for the economy in 2016.</p>