What drove oil prices through the floor this week?
Release Date:
The coronavirus pandemic has sent crude oil prices plummeting, so much so that the price for West Texas Intermediate oil dropped below zero dollars earlier this week. In this special edition of the podcast, Samantha Gross joins David Dollar to explain the factors influencing recent changes in demand for oil and the long-term effects the coronavirus could have on U.S. oil production and the development of renewable energies. Dollar and Sense is a part of the Brookings Podcast Network. Send feedback email to BCP@Brookings.edu, and follow us at @policypodcasts on Twitter.
What drove oil prices through the floor this week?