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Beyond The Pump: What Falling Oil Prices Mean For U.S. Producers06:01

This article is more than 5 years old.

Oil prices have plunged more than 40 percent since July, to a five-year low, and they continue to fall. As of Wednesday morning, crude was trading below $62 a barrel.

That's good news for drivers, but beyond low gas prices, what does it mean for U.S. oil producers, and the economy?

Here & Now's Jeremy Hobson talks to Juli Niemann, a financial analyst with Smith Moore and Company.


This segment aired on December 10, 2014.

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