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Russia, OPEC explore oil solutions
Megan Williams Oct 23, 2008
Russia met with OPEC to discuss ways of leveling out the cost of oil, as oil is now so low it could make production and investment unprofitable. Megan Williams reports it's unlikely Russia would agree to cut production.
Letters: Poverty, food fraud and oil
Oct 21, 2008
From the Marketplace mailbox, Kai Ryssdal pulls out some of the letters sent in by listeners. In the selection: comments on calculating the poverty line, food fraud, the financial crisis and the dropping price of oil.
Don't get too used to lower gas prices
Nancy Marshall-Genzer Oct 17, 2008
The recent drop in oil prices might have us smiling at the pump now, but those lower prices could head back up. OPEC is expected to cut production during an emergency meeting next week. Nancy Marshall Genzer has more.
Oil prices after an OPEC production cut
Oct 17, 2008
What effect would an OPEC production cut have on oil prices in this shakey world economy? Bill Radke talks to Carola Hoyos, who covers the oil market for The Financial Times.
Southwest's hedge on fuel backfires
Janet Babin Oct 16, 2008
At first, it looked like Southwest Airlines hedged its bets well when it prepaid for fuel because prices were going up. Unfortunately, now oil prices are falling. Janet Babin has more on Southwest and airlines in general.
Why are oil prices dropping?
Ashley Milne-Tyte Oct 16, 2008
The price of oil this morning is $72 a barrel -- half of what it was three months ago. Ashley Milne-Tyte looks into some factors influencing oil markets, including the disappearance of some speculators.
Tech advances fuel solar industry
Sarah Gardner Oct 15, 2008
The credit crisis is taking its toll on businesses, but there's optimism in the solar energy sector. Sarah Gardner reports that new technolgies and cheaper materials have improved solar's market potential.
Can cheap commodities be a bad thing?
Nancy Marshall-Genzer Oct 15, 2008
With oil prices slipping below $75, prices for corn, gold and other commodities are also down. That's good news for consumers, but what about the overall economy? Will it spark inflation? Nancy Marshall Genzer has answers.
Oil profits still high in third quarter
Ashley Milne-Tyte Oct 9, 2008
Oil may not be seeing the per-barrel prices of last year, but the average prices are still higher than last year. Ashley Milne-Tyte looks into what energy analysts are predicting for oil profits as earnings reports come in.
Driving in Southeast is no gas
Sep 26, 2008
About 60% of crude oil production in the Gulf of Mexico is still off line, almost two weeks after Hurricanes Gustav and Ike. That disruption has led to serious gas shortages in parts of the Southeast. Julie Rose reports.
