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Why Fracking is Changing Everything About Geopolitics
You’ve heard of the Fracking Revolution. You may also know that your fuel bill is a little lower than it was in the 2000s.
But man oh man, the picture is much bigger than that. The Middle East, Europe, Russia, and the foreign policy of the United States may be substantially different–for decades to come–than they would have been without the Revolution.
So yeah. Big deal.
Oil Prices
It’s hard to get a good sense of why the price of oil can vary between $150 and $30 per barrel. There are a lot of factors behind the price, but in the end it all comes down to supply and demand. In this episode we break down how supply and demand have changed to drive down the price… and discuss what might change in the future.