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What can be done about high oil prices
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.
China to hike oil prices, risk slower growth
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.
Crude oil prices on the rise
Stephen Beard 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.
Sanctions hitting Iranian oil production hard
Stephen Beard 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.
How gas prices are affecting Americans
Frank Newport 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.
Gas prices drop slightly, but could still rise
Juli Niemann 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.
The 'what ifs' in oil prices
Scott Tong 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?
BP plans to move forward after settlement
Mitchell Hartman Mar 5, 2012
The big oil company BP has settled with thousands of Gulf Coast residents and businesses for their economic losses and medical claims from its massive 2010 oil spill -- to the tune of $7.8 billion.
New Chinese gas estimate remixes global energy song
Eve Troeh Mar 2, 2012
The huge shale gas deposit is a big deal for global energy markets.
Gas prices reaching new heights this year
Jeremy Hobson Mar 2, 2012
Yesterday, a report of a pipeline explosion in Saudi Arabia sent oil prices up near a four-year high. The Saudis denied that report, but two things are clear: Oil traders are on edge, and prices remain very high. And obviously, that's trickling right down to the gas tank.
