Oil prices a barometer of economy
Wednesday, May 20th, 2009Dr. Daniel Yergin, Chairman of IHS Cambridge Energy Research Associates, testifies before the Joint Economic Committee to explain how oil prices and the economy are linked. (0:31)
Dr. Daniel Yergin, Chairman of IHS Cambridge Energy Research Associates, testifies before the Joint Economic Committee to explain how oil prices and the economy are linked. (0:31)
Dr. David Yergin speaking about the pressures the global economy has placed on oil demand at the Joint Economic Committee. Yergin adds how he views the issues facing the supply side of economics in the oil markets. (more…)