Economics & Economy

The amount of oil in the world is a mystery

Jul 27, 2016
Scott Tong

Later this week Shell and Exxon report earnings, and a big question is: Where will wobbly oil prices go next? It’s a matter of global demand and supply – as well as an important factor of how much oil is being stored around the world.

For more than a year, the world has been working off an oil glut. Now, some of that surplus has gone into storage caverns and containers around the world. That has helped keep crude prices soft. Exactly how much is in storage is a bit of a mystery.

Marketplace

On today's show, we'll talk about long-term returns for U.S. pensions, which are predicted to report their worst results in 15 years; Britain's economic growth; and holiday cruises that are looking to do some good. 

Checking in with a different Philly

Jul 26, 2016
Kai Ryssdal

The Looming L-pocalypse

Jul 26, 2016
Sally Herships

Hipsters beware. The L-pocalypse is close at hand. But it's not just the young and bearded who will be inconvenienced. Almost no one is looking forward to the New York transit authority's plan to shut down the L subway line for repairs. Just ask 38-year-old Brooklyn resident Kevin Lin.

“I’m going to move,” he said while standing on the L train platform at the 14th Street/Union Square station.

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