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Home > Stephanomics > Episode 22: Has Cheap Oil Become Bad For The Economy?
Podcast: Stephanomics
Episode:

Episode 22: Has Cheap Oil Become Bad For The Economy?
Category: Business
Duration: 00:26:04
Publish Date: 2016-01-28 18:44:04
Description:

The U.S. is awash in inexpensive oil. That's usually been a plus for the economy, because even though energy companies get squeezed, drivers get a break at the pump. Now, that relationship's gotten a bit hairier. Oil producers have slashed jobs and investment, yet consumers haven't picked up the slack you'd expect from more affordable gas. So here's the question: Is cheap oil now bad for the economy? Ryan Sweet, a senior economist at Moody's Analytics, joins Benchmark co-hosts Tori and Dan to discuss.

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