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.
Mar 21, 2012 There's an oil boom going on in western North Dakota. The region is sitting on billions of gallons of oil. The city at the heart of it -- Williston -- is stretched beyond capacity.
Mar 21, 2012 A new Associated Press analysis shows domestic oil production doesn't translate to gas prices.
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.
Mar 16, 2012 After rumors that the U.S. and U.K. might release crude oil stock prices were found untrue -- at least for now -- prices are climbing back up.
Mar 15, 2012 Iran is feeling the effects of U.S. sanctions over its nuclear program. The International Energy Agency says Iranian oil exports have fallen to a ten-year low.
Mar 8, 2012 According to the latest Gallup data, Americans could withstand over $5 a gallon for gasoline before they had to significantly change their buying habits.
Mar 6, 2012 The national average for a gallon of gasoline dipped today after about a month of steady increases. At the same time, tension with Iran could push those back up.
Mar 6, 2012 Oil prices fell today on the possible resumption of nuclear talks between Iran, the U.S. and its allies. But would prices stay down for long?