Archive for the ‘fracking’ Tag
Link: https://www.npr.org/sections/money/2018/01/19/579231506/therise-and-fall-and-rise-of-oil-prices
Summary: Oil prices have been fluctuating over the years, but when there is a price increase, many people may experience increases in the price of gas, heating, or a flight ticket back home as well. With the volatility of oil prices, what does this mean for determining future prices of oil and will these prices ever stabilize?
Original Air Date: January 19, 2018
Length: 7 minutes 4 seconds
Link: http://www.marketplace.org/2016/03/29/world/study-fracking-contaminated-water-supply
Summary: Marketplace addresses the negative economic and health impacts fracking can have on a community, particularly those resulting from a lack of clean drinking water.
Original Air Date: March 29, 2016
Length: 3 minutes 20 seconds
Link: http://www.marketplace.org/topics/sustainability/boom-and-bust-story-crop-called-guar
Summary: Guar is a small bean, and it had a recent rise and fall in the marketplace. Besides being an additive to thicken many foods, it’s also used in fracking. When fracking took off, the price of guar rose. As the price increased, Texas farmers started growing a lot of it, until Pakistan and India–which grow 98% of the guar combined–caught up to the demand. As a result, oil companies stopped hoarding it, and the prices dropped. The Texas farmers were left without buyers, and caused a chain reaction of bankruptcy.
Original Air Date: October 9, 2014
Length: 2 minutes 47 seconds