1-31-2016

CBS News Sunday Morning with Jane Pauley

CBS News

News, News Commentary, Society & Culture, Cbs

4.6 • 871 Ratings

🗓️ 31 January 2016

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

The downsides of cheap oil See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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1:37.0	By one critical measure, the world's economy is on a slippery slope, a downward slope greased by millions of barrels of surplus oil.
1:48.0	The excess production means rock-bottom prices. A good good thing right?
1:53.0	Not necessarily as Martha Tysner will explain in our cover story.
1:58.0	The good news, prices at the pump are way down. I'm thrilled. The bad news
2:06.0	prices at the pump are way down. What does this symbolize? The crash. Thanks to $30 a barrel oil, this is what a few hundred
	...

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