Oil

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Federal Reserve can only do so much

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.
Posted In: Federal Reserve, Oil, Europe debt crisis

Gas, oil prices dropping in June

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.
Posted In: gas, Oil, Iran

Anadarko trial spotlights Oklahoma City oil dynasty

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."
Posted In: Oil, Kerr-McGee, Chesapeake Energy

To guzzle or not to guzzle?

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.
Posted In: Oil, gasoline, gas prices, fuel economy, biking, scott tong

What to expect from gas prices in the short term

Jun 6, 2012
Gas prices may be a bit of bright spot in a dark and stormy world economy.
Posted In: gas prices, Oil, Money Matters, gas

Could drilling for oil become too costly?

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.
Posted In: Oil, North Dakota, Canada

Campaign for Scotland's independence launches

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.
Posted In: Scotland, Oil, england

Independence could lead to a wealthier Scotland

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.
Posted In: Scotland, United Kingdom, Oil

Iran accepts U.N. investigation of nuclear program

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?
Posted In: Iran, Oil, United Nations, gas prices

With oil firms profiting, why are gas prices still high?

May 7, 2012
The Fortune 500 2012 list ranking U.S. companies by revenue has Exxon Mobil at No. 1 and other oil firms near the top. So why are gas prices continuing to go up?
Posted In: gas prices, Oil, ExxonMobil

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