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Price at the Pump Lowering, But at What Cost?

CBN News — Oil prices are still plunging, and American drivers couldn’t be happier about it. But some experts are concerned about what this could mean for the U.S. oil industry.

Gas prices have dropped to $2.60 per gallon, more than a dollar less than this year’s peak of $3.70 in April.

Will companies keep drilling for oil in the United States if the price of oil keeps dropping? President of American Commitment Phil Kerpen answered this question and more. Click play to watch.

Report via CBN News



 

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