CNN CNN Newsroom With Carol Costello January 6, 2015 15:26:00
Getting hurt the american energy industry. u.s. production costs are high and if companies scale back that could threaten jobs especially states like north dakota pennsylvania and texas. local jobs international demand. american production and chinese consumption. all that activity is summed up in a drop of oil. so watch out when oil drops. >> joining me now for more cnn's maggie lake. okay maggie she just talked about supply and demand being a big factor here. why is supply so much higher than the demand? i know there are international players involved too. >> a good way to think of this ana,...