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What’s up with falling gas prices?

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Podcast by Marketplace / Kai Ryssdal

Last month, OPEC+ said it would cut oil production to raise prices. Simple economics, right? It worked for a few weeks, but now the price of oil is falling fast. In this episode, we’ll talk about why the oil cartel’s plan isn’t working out — it has a lot to do with low demand for gas across the globe. Plus, how the climate crisis shapes consumer demand and why the WTO lowered its 2023 global trade growth forecast.

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