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CrossTalk: Crude Crisis

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Uploaded on Feb 27, 2012

How high is high? Western moves and Iranian counter moves are impacting the price of crude oil -- and that impact is higher prices at the pump. Other than the very important issues of security and the possibility of war, how could high oil prices impact fragile economies in the developed world (EU and the US)? How could the oil price play out in elections where voters are deeply divided? Is the global economic recovery too weak to be play politics with crude oil prices? CrossTalking with Ferdinand Banks, Sohbet Karbuz and Kurt Cobb.

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