Randazzo on a Rand Paul presidency and Tesla’s new model
The oil market was hit with another sharp swing this week, sending US prices to their biggest loss in two months. It’s all thought to be the result of a huge weekly buildup in crude supplies, the largest since 2001. That’s all according to a report from the US Energy Information Administration, showing the country’s stockpiles soared to new heights last week at a record 482.4 million barrels. And we're not only talking about a glut in US oil production. Boom Bust guest host Ameera David weighs in.
Then, Erin sits down with Anthony Randazzo – director of economic research at the Reason Foundation. Anthony tells us his thoughts on energy and gives us his take on what economic policies to expect from Senator Rand Paul during his presidential campaign.
After the break, Bianca gives up a news update on other major financial stories of the day, including a look at major Asian stock markets, the worsening California drought, Tiger Woods’ major impact on golf broadcasters, and the University of Kentucky basketball team.
Afterwards, Erin joins Ameera to discuss Tesla’s new car designs, which make it look like they’re trying to compete with other luxury electric car companies.
And in The Big Deal, Ameera and Edward discuss the glut in oil production.
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