The global economic slowdown due to coronavirus restrictions has caused demand for oil and gas to plummet, while OPEC and Russia’s refusal to slow production has vastly over-increased supply, causing an unprecedented plunge in the price of oil. Brookings Fellow Samantha Gross explains what this turmoil means for U.S. oil producers and workers as well as longer-term efforts to fight climate change.
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Thanks to audio producers Gaston Reboredo and Amelia Haymes, Chris McKenna, Fred Dews, and Camilo Ramirez for their support.
The Current is part of the Brookings Podcast Network.
Participants
Adrianna Pita
Host, The Current
- Office of Communications, Brookings
Commentary
PodcastHow is the COVID-19 pandemic affecting global energy markets?
March 30, 2020
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