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Enjoying low gas prices? How long will they last? In this edition of The Heartland Daily Podcast, Dr. Bud Weinstein, Associate Director of the Maguire Energy Institute and research fellow Isaac Orr talk about the Keystone Pipeline and the factors that influence the global prices of oil.
Weinstein and Orr talk about the impact of OPEC’s (Organization of Petroleum Exporting Countries) decision to flood the world market with crude oil, and the affect it’s had on prices and producers in the United States. No one has a crystal ball, and no one knows for sure when oil prices will recover, however Weinstein and Orr discuss the range of possible out comes.