Oct 8, 2012 Not much short of encouraging an oil company to build new refineries. Tough state regulation of auto pollution cuts off California from sources of gas outside the state.
Oct 8, 2012 In Venezuela, President Hugo Chavez has been reelected to a new six-year term. He had 54 percent of the vote; much closer than he's gotten used to during his 14 years in office.
Oct 5, 2012 California discovers how close it lives to a tipping point when refinery problems combine to create a sudden gas shortage and a spike in prices.
Oct 4, 2012 Venezuelans will be going to the polls this weekend to elect their president. Unlike any election in recent memory there, it's looking close for Hugo Chavez, who has been in power since 1998.
Sep 24, 2012 As world leaders gather to discuss the oil santions against Iran, that country is selling only half the volume of a year ago. But its reduced production is raising oil prices around the world.
Sep 13, 2012 The Federal Reserve wraps up its two day policy meeting today. It's expected to announce whether it will pump more stimulus money into the U.S. economy. Meanwhile, we just got inflation numbers for August. Wholesale prices increased 1.7 percent last month -- the biggest jump in three years.
Sep 4, 2012 Charging less than a dime per gallon, Venezuela sells cheapest gas on the planet. Norway has some of the highest fuel prices in the world.
Jul 10, 2012 Opposition supporters report more than 17,000 people have been killed during the 16-month uprising against the Syrian government. Today the Wall Street Journal is reporting that the Syrian regime is getting help from Venezuela in the form of diesel.
Jun 8, 2012 Cars are as American as apple pie, but with the rising price of oil, more Americans are opting for other oil-free means of transportation.