The Truth Behind Oil Prices: War, Supply, and U.S. Strategy

Season 5, Episode 20: Welcome back to Keeping it Real with Dr. Kuehl! Chris talks about oil being back in the news.ASA Chief Economist Dr. Chris Kuehl is back with a special economic update podcast. In Season 5, Episode 20 (6:17 in length), Dr. Kuehl talks to members about what’s going on in the Middle East, what that is doing to the oil price, and the projection for the rest of the year.Has this oil change been as dramatic as we thought it would be?The war between Israel & Iran – how much did oil price jump due to this?Why did it fall back again? Where is it lingering right now?Why hasn’t the price per barrel reacted??What are the 3 reasons that oil prices haven’t jumped?What does the U.S. being oil independent mean?The other oil producers have been stepping up production – why?Why hasn’t Iran been doing the things that they can do?Why is the U.S. suddenly do something nice for China & Iran? What is the rationale?What is the bottom line with these oil prices? Will they rise or fall?Ask Dr. Kuehl a QuestionHave a question or topic for Chris Kuehl that you would like answered on this podcast? Email it to Bri Baresel at [email protected].