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'Quite a while' for high priced oil: Larry Summers

Monday, 25 Jan 2016 | 7:37 AM ET

"We are in a new world" says Lawrence Summers, Harvard University, in discussing fracking technology and the price of oil.

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A woman shovels a sidewalk in blizzard-like conditions on January 23, 2016 in the Brooklyn borough of New York City. The Northeast and parts of the South are experiencing heavy snow and ice from a slow moving winter storm. Multiple deaths from traffic accidents have already been reported as the storm makes its way up the coast.
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