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Podcasts Take Two
Price of oil and your money
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Jan 21, 2016
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Price of oil and your money
On Wall Street, the Dow dropped 250 points yesterday .... with a part of that loss salvaged this morning as numbers slowly climbed back up.
Pump jacks at the Belridge oil field in California's Kern County.
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On Wall Street, the Dow dropped 250 points yesterday .... with a part of that loss salvaged this morning as numbers slowly climbed back up.

On Wall Street, the Dow dropped 250 points yesterday .... with a part of that loss salvaged this morning as numbers slowly climbed back up.

Part of the reason for sinking numbers: oil. The price of one barrel has dropped to $27 -- a level not seen for more than a decade. 

We talk about it with Gabriel Wisdom, he's with the firm American Money Management.