Who wins and loses as oil prices fall?

Jan 14, 2015, 06:52 PM

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The oil glut is great news of course if you're filling up your car, or heating your home. It's been described as having the same impact as a big tax cut.

It's not such great news, of course, if your economy, or your job, depends on the energy industry.

We talk about the winners and losers as the value of oil continues to plummet, with the US economist Irwin Stelzer, at the Hudson Institute in Washington.