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
Summary: The Justice Department is planning to investigate 4 major airlines for price collusion. Investigators will question whether the airlines restricted supply to maintain higher ticket prices.
Original Air Date: July 2, 2015
Length: 3 minutes 35 seconds
Summary: The Nigerian Internet hosts many ads for stolen oil, inspiring the question: how? Why? Nigeria has one of the top oil reserves, and it is controlled by the government. They lose about $10 million a day from oil theft. This podcast dissects how they get away with it.
Original Air Date: October 29, 2014
Length: 19 minutes 30 seconds
Discussion Question: The podcasts says that this problem is for the Nigerian government to solve. Should it be an international issue?
Prompt: The podcast does not reflect on the legally sold oil, and the effect the stolen oil has on that market. Write how you think the stolen oil would change the market for legal crude oil in the international arena, paying specific attention to the quantity and the prices.
Link: http://www.marketplace.org/topics/sustainability/what-could-slow-uss-surging-oil-output-low-prices
Summary: The oil the United States has been pumping has been getting less and less profitable. In North America, oil comes from fracking shale, and after the first initial output, oil companies have to drill deeper and deeper to get to the oil, causing it to be more expensive to access. However, the price of oil is dropping worldwide, and that could mean that the United States could be out of the oil industry, simply because it costs too much to produce.
Original Air Date: October 10, 2014
Length: 2 minutes
audioecon 