This episode of Planet Money really gets to the heart of why I love this particular podcast. If you turn on CNBC, how likely are you to hear about someone who produces 20 or so barrels of oil a day.
In all of the talk about oil prices going up and down and how that affects the pockets of the consumer, I often forget that there are a lot of families who depend on the price of oil staying high. This is a good example of the give and take in the economy and that things aren’t always as simple as cheaper is better.
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