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Russia oil firm Rosneft nears deal with BP
Stephen Beard Oct 19, 2012
The state-controlled Russian oil firm Rosneft is reported ready to enter a multi-billion dollar joint venture with the British oil giant BP to create the world’s biggest listed oil company.
Report: Iraq could double its oil production
Eve Troeh Oct 10, 2012
Higher production could make Iraq the world's second-largest oil exporter. Most of the added oil won't go to the U.S., but to countries helping Iraq rebuild its oil facilities and basic infrastructure.
Midwest rancher recovers from drought
Kai Ryssdal Oct 4, 2012
Recent rain in Missouri has helped drought-stricken farmers. Cattle rancher Ken Lenox says the grass is practically jumping out of the ground. Despite the promise of new feed, hay prices remain high, and ranchers are closely guarding what they have.
The hidden side of U.S. economic growth: Is it over?
Kai Ryssdal Oct 3, 2012
As President Obama and Mitt Romney practice their talking points and zingers on the American economy, Freakonomics reveals why we may never get big-time economic growth back.
Is the U.S. at risk of another OPEC oil embargo?
Scott Tong Oct 3, 2012
The OPEC oil embargo nearly 40 years was a shock to the U.S. and its economy. But the long-term effects proved a shock to Saudi Arabia and other OPEC members, who learned that oil and politics don't mix.
Libyan oil production almost back to normal
David Gura Oct 1, 2012
Civi war combatants mindful of the importance of oil on the economy, left infrastructure largely undamaged.
Energy independence? For the U.S., it's a pipe dream
Scott Tong Oct 2, 2012
The U.S. can become less dependent on foreign oil, but it's still a part of the global oil market --and that means no insulation from oil price shocks.
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.
The fiscal cliff explained (with help from Hollywood)
Paddy Hirsch Sep 28, 2012
You've heard warnings about the economic disaster that could happen if Congress fails to avoid a fiscal cliff. But what is the fiscal cliff anyway? Sr. Producer Paddy Hirsch enlists the support of his friends Thelma and Louise in this three-minute explanation.
Measuring the strength of the economy and the stock market
Jeff Horwich Sep 24, 2012
We've said it before, and we'll say it again: the economy and the stock market are not one and the same. The performance of the economy under a president is open to wide interpretation. The stock market, on the hand... Well, we can measure that.
