The secret meeting that launched OPEC
13 May - 27 mins
Podcast Series
Planet Money
Recently, a listener wrote in with a question about OPEC and oil prices. She was prepping for a camping trip… thinking about how much it costs to fill up her diesel-guzzling camper van at the pump.
“It would be so awesome if you guys could do an episode explaining OPEC to us,” she emailed us. She wanted to know: why does OPEC exist? Why does it limit the supply of oil? And now that the United Arab Emirates has dropped out, what will happen to gas prices?
We love when our listeners write in (and send us voice notes!). The simplest questions can reveal how the complicated web of the economy works.
On our latest: we answer our listener’s questions… and the questions behind those ques...
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