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To the Point

Is There a 'Green' Lining in the Cloud of This Oil Crisis?

To the Point

KCRW

News

4.4583 Ratings

🗓️ 3 June 2008

⏱️ 51 minutes

🧾️ Download transcript

Summary

The Senate is holding hearings on whether oil prices are being manipulated by investors. Who gains from higher prices? What kind of lifestyle changes will Americans be forced to make? Guest host Sara Terry looks beyond sticker price shock at the gas pump. Also, speculation on the results of today's primaries, and a major conference on hunger opens today in Rome.

Transcript

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0:00.0

From PRI, Public Radio International and KCRW Santa Monica, this is To the Point.

0:07.8

As oil prices soar, what happens if what goes up never comes down?

0:17.0

I'm Sarah Terry sitting in for Warren Olney, and this is To the Point from Public Radio

0:21.6

International, a daily look at the issues Americans care about most. The spiraling cost of gas

0:27.4

is hitting hard everywhere. Truckers and fishermen in Europe are protesting prices that have

0:32.4

reached $10 a gallon. General Motors announced today that it's closing four SUV plants and public transportation is booming.

0:41.2

But what kind of long-term changes are in store? Will America's suburban lifestyle become a thing of the past?

0:47.5

Is there a green lining in the cloud of this crisis? On reporter's notebook, food critics in Rome.

0:53.8

A major conference on hunger opens today.

0:56.4

First, the news.

0:57.8

Support for To the Point comes from subscribers of KCRW Santa Monica

1:02.0

and from the Public Radio International Program Fund,

1:05.1

whose contributors include the Ford Foundation

1:07.4

and the John D. and Catherine T. MacArthur Foundation.

1:10.6

I'm Sarah Terry, sitting in

1:11.8

for Warren Allney, back with To the Point from PRI. We'll be talking about skyrocketing oil prices,

1:18.3

taking a look beyond sticker price shock at the gas pump. The Senate is holding hearings on whether

1:23.5

oil prices are being manipulated by investors? Who gains from higher prices?

1:28.7

What kind of lifestyle changes will Americans be forced to make?

1:32.1

Will more people go green?

1:34.1

On reporter's notebook, think gas prices are high?

1:37.6

Imagine spending three quarters of your income on food.

...

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