Marketplace Morning Report for Wednesday, October 22, 2014
Investors in Europe seem happier today after several big American companies reported stronger than expected earnings. We've talked about last week's market turmoil. When there's that kind of stock market volatility, there's this impulse to attribute it to something. More on that. And a new report from the U.S. Government Accountability Office says that lifting restrictions on exporting crude oil restrictions that have been in place for 40 years could drive down gasoline prices. Well, that report was written more than a month ago, and oh, how things have changed since then. That was before world oil prices and U.S. gasoline prices slid significantly. We look at whether or not that changes the equation.
Investors in Europe seem happier today after several big American companies reported stronger than expected earnings. We’ve talked about last week’s market turmoil. When there’s that kind of stock market volatility, there’s this impulse to attribute it to something. More on that. And a new report from the U.S. Government Accountability Office says that lifting restrictions on exporting crude oil restrictions that have been in place for 40 years could drive down gasoline prices. Well, that report was written more than a month ago, and oh, how things have changed since then. That was before world oil prices and U.S. gasoline prices slid significantly. We look at whether or not that changes the equation.
