Crude Realities: What Oil Prices Reveal About the Economy, and the U.S. Energy Future

In this episode of The Project Middle Podcast: Stories from and for the 99%, we break down the often-confusing world behind the headlines of oil prices news and the crude oil price chart. From the current U.S. oil price per barrel to WTI and BRENT oil price trends and oil futures charts, our conversation dives deep into what these numbers really mean for everyday Americans.

We explore the historical evolution of U.S. oil production, how much oil the U.S. actually has, and what percentage of U.S. oil is imported. The episode covers where the U.S. gets its oil, how much it still relies on foreign imports, and what that means for U.S. oil stocks and energy security. We also look at urban oil extraction, particularly in states like California, and how crude oil price investing ties into broader economic factors like wages and fuel costs.

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