World oil prices have been falling recently — and that's good news for oil consumers such as the U.S., Europe and China, and a potential challenge for the big exporters like Saudi Arabia and Russia.
The oil market is notoriously volatile, and the factors driving prices down are temporary. But some energy industry analysts are posing a much larger question: Is the world, and the U.S. in particular, entering a new phase of expanding energy supplies and more moderate prices?
I'm Michel Martin and this is TELL ME MORE from NPR News. Coming up, we know that minorities have been hard hit by the effects of the recession in everything from employment to foreclosure rates. There's a new office within the agency that's been charged with looking out for consumers that's supposed to take a look at how financial practices affect minorities and women. We'll speak with the new head of that office in just a few minutes.