Transcripts for KPIX CBS Evening News With Scott Pelley 2015

why are the markets tanking? >> oil did breech a kind of psychological barier going below $50 a barrel. when you see oil fall that much, historically that has been associated with a significant economic downturn. the difference is really this time that you have a much bigger supply coming out of the united states. we've become the biggest producer of oil in the world. >> reporter: traders pulled out of energy-related stocks today but seemed to be searching for the right investments to take their place. while lower oil prices have been good for american consumers with cheaper gas putting an additional $14 billion back into their pockets in 2014, it's unsettling for investors. what will lower oil prices mean in the long run? >> the worry is there's something out there that all of us are missing, is it a larger slowdown in the global economy or will there be maybe some cracks uncovered that different financial institutions will be

Related Keywords

Eyebrow , Electronic Device , Technology , Forehead , Chin , Cheek , Black Hair , Television Program , Socialite , Lip , Long Hair , Smile , Communication , Television , Multimedia , Brown Hair , Gadget , Display Device , Public Relations , Communication Device , Speaker , Conversation , Media , Jaw , Fun , Job , Scene , Entrepreneur , Square , Space , Neck , Human Behavior , Public Speaking , Energy , Design , Presentation , Speech , Spokesperson , Professional , Profession , Official , Motivational Speaker , Newscaster , Journalist , Businessperson , Business Development , Suit , News Conference , Orator , Necktie , Party Leader , Business Executive , Television Presenter , Business , Company , Expert , Investor , Management , White Collar Worker , Executive Officer , Nose , Hair , Skin , Facial Expression , Eyelash , Head , Eye , Wrinkle , Mouth , Facial Hair , Ear , Portrait , Temple , Hair Coloring , Buzz Cut , Newsreader , Organ , Eye Shadow , Eyelash Extensions , Eye Liner , Cosmetics , Formal Wear , Politician , Dispatcher , Staff , Technical Director , Electronics , Audio Engineer , Electronic Instrument , Technician , Driving , Employment , Mode Of Transport , Indoor Games And Sports , Police Officer , Military Officer , Uniform , Games , Computer Professional , Personal Computer , Computer Hardware , Operator , Computer , Programmer , Software Engineer , Machine , Passenger , Public Transport , Audio , Selfie , Television Studio , Aircraft Cabin , Convention , Academic Conference , Meeting , Audio Equipment , Software , Broadcasting , Computer Monitor , Stock Trader , Software Engineering , Stockbroker , Gps Navigation Device , Day Trader , Computer Program , System , Engineering , Pc Game , Flat Panel Display , Trade , Screen , Vending Machine , Mobile Phone , Vehicle Registration Plate , Product , Computer Accessory , Finger , Telephony , Portable Communications Device , Mobile Device , Feature Phone , Font , Musical Instrument Accessory , Telephone , Data Storage Device , Brand , Automotive Exterior , Hand , Golf Equipment , Putter , Sports Equipment , Shoe , Car Seat , Iron , Bicycle Saddle , Windshield , Glass , Window , Bicycle Frame , Road Bicycle , Material , Bicycle Part , Vehicle , Bicycle , Automotive Window Part , Personal Protective Equipment , Firearm , Motorcycle Accessories , Auto Part , Tire , Wheel , Bicycle Drivetrain Part , Helmet , Automotive Tire , Gun , Bicycle Pedal , Bicycle Handlebar , Text , Number , Line , Office Equipment , Signage , Odometer , Speedometer , Trademark , Product Design , Digital Clock , Measuring Instrument , Fuel , Automated Teller Machine , Service , Gasoline , Interactive Kiosk , Video Game Arcade Cabinet , Arm , Car , Motor Vehicle , Electric Blue , Automotive Design , Bumper , Hood ,