How low can it go? Oil, gas prices in freefall as OPEC reels from US fracking

November 29, 2014 5:00 AM

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How low can it go? Oil, gas prices in freefall as OPEC reels from US fracking

A row of oil pumps work in the desert oil fields of Sakhir, Bahrain. OPEC nations have agreed to keep supply steady, putting new pressure on US producers. (The Associated Press)

Drivers paying less at the pump due to free-falling oil prices can thank the U.S. energy boom for generating shale oil - and weakening OPEC's ability to keep the cost of a gallon of gas high.

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