Gail Tverberg: Why Low Oil Prices Will Not Stimulate The Economy

Wall St for Main St welcome Gail Tverberg, who is an oil market analyst and the author of Our Finite World. Gail has covered the oil market for over a decade and her work can be found on The Oil Drum web site, Peak and Prosperity and other publications. In this podcast, we asked Gail on thoughts on why low oil prices does not stimulate the economy, how the public and private oil companies is handling the low oil prices environment. We also discussed her outlook for 2016 and why we think we are at the tipping point in the global economy due to high debt. Plus much more!