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U.S. petroleum reserve is a versatile weapon
Eve Troeh Oct 1, 2012
The Strategic Petroleum Reserve was established to protect the economy from an embargo. But just the threat of releasing oil into the market can rein in speculation in oil futures, too.
Oil sanctions cause pain in Iran, but also at gas pumps
Scott Tong 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.
Questions linger over dropping oil prices
Jeff Horwich Sep 18, 2012
Mid-day yesterday oil prices dropped three dollars in about a minute -- and they have kept falling ever since.
Oil prices hit steep plunge yesterday
Stephen Beard Sep 18, 2012
Federal regulators are looking into something strange that happened yesterday in the oil markets: Prices plunged more than $3 a barrel in less than a minute.
Some see energy in abandoned wells
Andrew Oxford Sep 18, 2012
An oil well may seem pretty useless when the light sweet crude stops flowing. In Texas, researchers and entrepreneurs see a chance to recycle old wells and create geothermal power.
Video controversy and YouTube's bottom line
Heidi N. Moore Sep 12, 2012
The recent attacks on and killings of Americans in Libya over a YouTube video raises questions about the video site, freedom of speech and corporate ethics.
Amid protests over film, U.S. ambassador to Libya killed
David Gura Sep 12, 2012
The U.S. ambassador to Libya and three other diplomats have been killed in protests in Benghazi. Religious extremists stormed the U.S. consulate there. A controversial anti-Islamic video, posted on YouTube, was the catalyst for the attack. That has put YouTube and it's owner Google in an uncomfortable position.
PODCAST: Isaac hits New Orleans, farmers see near record profits
Ryan Faughnder Aug 29, 2012
Despite, or perhaps because of, the historic drought in the Midwest, farmers are making big profits. Isaac shuts down Louisiana's ports. And all those smartphones come with a cost: more than ever, we're tethered to our jobs.
Isaac sparks talk of tapping oil reserves
Mark Garrison Aug 29, 2012
Hurricane Isaac is battering the Gulf, which means a huge chunk of American oil drilling and refining is off line. There’s talk of America tapping into the Strategic Petroleum Reserve.
The oil industry prepares for tropical storm Isaac
Stephen Beard Aug 28, 2012
Tropical storm Isaac is expected to become a hurricane, though it won't be nearly as powerful as Katrina. The storm has already shut down off-shore oil rigs in the gulf.
