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With oil firms profiting, why are gas prices still high?

Interview by
Stacey Vanek Smith
May 7, 2012
The Fortune 500 2012 list ranking U.S. companies by revenue has Exxon Mobil at No. 1 and other oil firms near the top. So why are gas prices continuing to go up?

New fuel standards could lead to higher gas prices

by
Adriene Hill
May 4, 2012
The Congressional Budget Office says the White House plan to raise fuel efficiency could mean more potholes, or higher gas prices.

'We need to pretend we're not interested in gas'

by
Rex Huppke
Apr 27, 2012
Commentator Rex Huppke says if we all act like gas is passé, we can concentrate on more important things -- like jet packs.

High gas prices hurt station owners too

by
Jennifer Collins
Apr 5, 2012
Widely fluctuating gasoline prices is just one indication that high gas prices are as a much a problem for independent station owners as they are for consumers.

Gas prices' latest victim: Refineries

by
Sarah Gardner
Mar 29, 2012
Squeezed by high oil costs and shrinking demand, major changes are coming in the oil refinery biz.

What can be done about high oil prices

Interview by
Jeremy Hobson
Mar 21, 2012
Oil prices are slightly lower this morning in overseas trading, around $124 a barrel, but that is still very high. And those high oil prices are leading to high gas prices which are starting to really worry some economists who are concerned about our recovery and whether or not it could be derailed.

No connection between drilling and pumps

by
Eve Troeh
Mar 21, 2012
A new Associated Press analysis shows domestic oil production doesn't translate to gas prices.

China to hike oil prices, risk slower growth

by
Rob Schmitz
Mar 20, 2012
China's government has announced a 7 percent oil price increase. The hike could slow growth but some say it might also reduce wealth inequality.

Delay in EPA gas rules may hurt cars

by
Sarah Gardner
Mar 20, 2012
A reported delay in cleaner fuels could harm the new engines designed to burn it.

Consumer Price Index bumps up, gas prices to blame

Interview by
Jeremy Hobson
Mar 16, 2012
Consumer prices rose by the most in 10 months in February, and rising gas prices were to blame for most of that change.

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