Oil Markets in Focus - Venezuela’s Role and Price Implications

Season 6, Episode 1: Welcome back to a new season of Keeping it Real with Dr. Kuehl. This week, Dr. Chris Kuehl talks to members about Venezuela, and what we know and don't know about them.ASA Chief Economist Dr. Chris Kuehl is back with his weekly economic update podcast. In Season 6, Episode 1 (8:48 in length), ASA Chief Economist Dr. Chris Kuehl talks about oil production and the interference with Venezuela.What is the important thing?What does this mean for the U.S. economy?Why does this all come down to oil?What are the two kinds of oil and why is this significant?Which crude oil has been more ideal for Venezuela?Are they going to go back to balance production between the two oils?Will this disturb the overall oil market?What will the per barrel price be?What is the speculation at this stage?Will we see an immediate reaction to oil prices?Ask Dr. Kuehl a Question!Have a question or topic for Chris Kuehl that you would like answered on this podcast or on his monthly ASA members only webinar?Email it to Brianna Dovichi at [email protected]