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Gas, oil prices dropping in June
Jeremy Hobson Jun 21, 2012
If you've been to a gas station recently, you know that prices are down -- on average, about 20 cents lower per gallon than a month ago. That's in part because the price of oil is at an eight-month low.
Falling gas prices can serve as stimulus
Heidi N. Moore Jun 21, 2012
Yesterday, the Federal reserve refused to commit to any extreme stimulus measures for the economy-- at least just yet. That has a ripple effect on commodities like oil.
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.
Anadarko trial spotlights Oklahoma City oil dynasty
Scott Tong Jun 19, 2012
Kerr-McGee, a subsidiary of the giant oil and gas company Anadarko, is being sued for $25 billion in New York City. The company's long history and pedigree resemble a script from the old and recently resurrected TV series "Dallas."
To guzzle or not to guzzle?
Scott Tong Jun 8, 2012
Cars are as American as apple pie, but with the rising price of oil, more Americans are opting for other oil-free means of transportation.
What to expect from gas prices in the short term
Scott Tong Jun 6, 2012
Gas prices may be a bit of bright spot in a dark and stormy world economy.
Could drilling for oil become too costly?
Scott Tong May 31, 2012
With the price of oil below $90 a barrel, some are beginning to wonder at what point does it become unprofitable to drill.
Campaign for Scotland's independence launches
David Brancaccio May 25, 2012
Supporters of cutting Scotland loose from the rest of the United Kingdom kicked off their independence campaign today. A key part of the U.K.'s wealth is the oil under the North Sea, which would become Scottish territory.
Independence could lead to a wealthier Scotland
Christopher Werth May 25, 2012
Scotland has been a part of the United Kingdom for the past 300 years, but many Scots think it's a bad deal. Scotland is home to most of the U.K.'s oil and gas production in the North Sea.
Iran accepts U.N. investigation of nuclear program
Juli Niemann May 22, 2012
The top nuclear official at the United Nations said today that a deal has been reached with Iran to allow the U.N.’s investigation into Iran’s nuclear program to continue. So what does this mean for the price of oil, which spiked earlier this year because of tensions with Iran?
