Help us end the fiscal year strong. Donate by June 30. Give Now
Final Note

Oil prices tank, we save billions

Kai Ryssdal Jan 20, 2015
HTML EMBED:
COPY
Final Note

Oil prices tank, we save billions

Kai Ryssdal Jan 20, 2015
HTML EMBED:
COPY

Here are a few updates about the current state of the oil industry:

  • Crude oil closed down almost 5 percent today at about $46 dollars per barrel at the close in New York.
  • Gas is under $2 per gallon in more than half the states.
  • Gas that sells for an average of $2.45 cuts — in the aggregate — $120 billion from the amount we’ll all pay for gas this year.

That’s according to the Oil Price Information Service.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.