OPEC Games: what high volume oil production means for world economy

The world oil market is flooded and OPEC wants to keep it that way. OPEC members say they are going to continue their high rates of oil production through the summer, in a likely attempt to drive weaker oil producers out of business. To discuss what the OPEC decision means for consumers, former Commodity Futures Trading Commission (CFTC) Commissioner Bart Chilton joins ‘News with Ed.’. Find RT America in your area:.

opec,   oil,   gasoline prices,   bart chilton,   saudi arabia,   venezuela,   summer driving,   ed schultz,   new with ed