The secret meeting that launched OPEC
Planet Money
- Published
- May 13, 2026
- Duration
- 27:33
- Summary source
- description
- Last updated
- Jun 10, 2026
Discusses Recently, a listener wrote in with a question about OPEC and oil prices. She was prepping for a camp…
Summary
Recently, a listener wrote in with a question about OPEC and oil prices. She was prepping for a camping trip… thinking about how much it costs to fill up her diesel-guzzling camper van at the pump. “It would be so awesome if you guys could do an episode explaining OPEC to us,” she emailed us. She wanted to know: why does OPEC exist? Why does it limit the …
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Show notes
Recently, a listener wrote in with a question about OPEC and oil prices. She was prepping for a camping trip… thinking about how much it costs to fill up her diesel-guzzling camper van at the pump. “It would be so awesome if you guys could do an episode explaining OPEC to us,” she emailed us. She wanted to know: why does OPEC exist? Why does it limit the supply of oil? And now that the United Arab Emirates has dropped out, what will happen to gas prices? We love when our listeners write in (and