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Gas prices from Norway to Venezuela
Jeff Tyler 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.
BP oil earnings report shows signs of weakness
Stephen Beard Jul 31, 2012
The British oil company BP is reporting a sharp drop in profits. The company made just $238 million last quarter, compared with more than $5 billion a year ago.
China wants oil company with U.S. assets
Mitchell Hartman Jul 24, 2012
Analysts don't expect a replay of the fight that stopped CNOOC from buying Unocal.
Oil services firms get squeezed by slowdown
Mark Garrison Jul 20, 2012
Schlumberger and Baker Hughes help big oil drill. But their business is softening as some drillers pull back due to the economic slowdown.
British lawmakers concerned over oil price reporting
Stephen Beard Jul 16, 2012
In the U.K. today, lawmakers are highlighting an overlooked G20 report that says oil price-reporting has some uncomfortable similarities to the LIBOR rate fixing scandal.
EU sanctions Iran by refusing to insure oil tankers
Kai Ryssdal Jul 12, 2012
Iranian oil producers may find other ways to sell their product, but with few options to insure their ships, a lot of oil will be sitting in the harbor.
South Texas towns helped by energy boom
Andrew Oxford Jul 8, 2012
Several small towns in Texas are growing because of new oil and gas drilling. But can the boom last?
The smell of prosperity or illness?
Scott Carrier Jun 29, 2012
The residents of Roxana, Ill. debate if the oil refineries in and around their town represent jobs and money, cancer or something else.
Global political climate helping oil prices drop
Jeff Horwich Jun 27, 2012
Oil prices are down about 25 percent in the past few weeks. Those falling oil prices are good for our pocketbooks. They're also good for American foreign policy.
Federal Reserve can only do so much
Diane Swonk Jun 21, 2012
The Federal Reserve will continue its Operation Twist program, but it can't do much else to help the global economic downturn caused by financial strain in Europe. On the plus side? We get lower gas prices.
