As Oil Prices Rise, Looking at the Year Ahead for Energy

The World

Back in 2008, the price of a barrel of oil rose to $133, and prices at the pump topped $4 per gallon. As the economy slowed, and demand for oil dropped, the price did as well. However, the cost of oil has risen to just over $90 a barrel, as confidence in the economic recovery grows stronger and the price of filling up your car is expected to keep rising throughout 2011. What will happen to our economic recovery if we hit the psychological benchmark of $100 per barrel or higher this year?

Garry Golden, futurist and blogger for The Energy Road Map joins us, along with Lisa Margonelli, Fellow at the New America Foundation and author of the book ?Oil on the Brain: Petroleum’s Long, Strange Trip to Your Tank.? They discuss the economic effects of rising oil prices and the changes in international and national infrastructure from electric vehicles to the new oil pipeline in Siberia.

Do you support journalism that strengthens our democracy?

At The World, we believe strongly that human-centered journalism is at the heart of an informed public and a strong democracy. We see democracy and journalism as two sides of the same coin. If you care about one, it is imperative to care about the other.

Every day, our nonprofit newsroom seeks to inform and empower listeners and hold the powerful accountable. Neither would be possible without the support of listeners like you. If you believe in our work, will you give today? We need your help now more than ever!