Oil Prices Increasing... All the Reasons Why.

Season 3, Episode 30: Dr. Kuehl talks about the recent updates with oil and what has been changing in the oil sector that has been driving the prices up.  ASA Chief Economist Dr. Chris Kuehl is back with his weekly economic update podcast. In Season 3, Episode 30 (10:46 in length), Dr. Kuehl talks about the most recent updates on oil and gas which is a very important topic to ASA members.  All oils are higher in price than what was predicted... why?  Will prices drift back into the 70s? What factors would affect that estimate? Demand and supply... why have the predictions been off? What has been happening with China & the United States demands? What is the reasoning for thinking that our demand would have gone down? Why has the supply side of things been confusing?  Where does Russia come into play with oil output? Is it a backfire situation? Good news on the horizon for the United States? Predictable / unpredictable weather... why is it an issue? Does it affect supply? Why are investors still shying away from the oil sector?? Is there a silver lining to any of this?  Ask Dr. Kuehl a Question   Have a question or topic for Chris Kuehl that you would like answered on this podcast? Email it to Bri Baresel at [email protected].