A Concrete Plan to Bring the Price of Oil Down Right Now
What the White House can actually do here
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The price of oil is the central threat to the economy right now. Surging gasoline costs crimp consumer budgets. Surging diesel costs make everything more expensive. And of course, we know there are all kinds of structural impediments to increasing supply. But the stakes are huge, particularly since the Federal Reserve has signaled its willingness to throw the economy into a recession, if that's what it takes to get inflation down. So is there anything that can be done? On this episode of the podcast, we speak with Skanda Amarnath, the Executive Director at Employ America, as well as Rory Johnston, the founder of Commodity Context and an investor at Price Street, to talk about concrete steps that can be taken to increase oil supplies and bring about price stability.