Oil

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Oil sanctions cause pain in Iran, but also at gas pumps

Sep 24, 2012
As world leaders gather to discuss the oil santions against Iran, that country is selling only half the volume of a year ago. But its reduced production is raising oil prices around the world.
Posted In: Iran, Oil, gas prices
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Questions linger over dropping oil prices

Sep 18, 2012
Mid-day yesterday oil prices dropped three dollars in about a minute -- and they have kept falling ever since.
Posted In: Oil, high-frequency trading
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Oil prices hit steep plunge yesterday

Sep 18, 2012
Federal regulators are looking into something strange that happened yesterday in the oil markets: Prices plunged more than $3 a barrel in less than a minute.
Posted In: Oil
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Some see energy in abandoned wells

Sep 18, 2012
An oil well may seem pretty useless when the light sweet crude stops flowing. In Texas, researchers and entrepreneurs see a chance to recycle old wells and create geothermal power.
Posted In: energy, Oil, geothermal energy, texas
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PODCAST: Isaac hits New Orleans, farmers see near record profits

Aug 29, 2012
Despite, or perhaps because of, the historic drought in the Midwest, farmers are making big profits. Isaac shuts down Louisiana's ports. And all those smartphones come with a cost: more than ever, we're tethered to our jobs.
Posted In: Oil, Hurricane Isaac, The Federal Reserve
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Isaac sparks talk of tapping oil reserves

Aug 29, 2012
Hurricane Isaac is battering the Gulf, which means a huge chunk of American oil drilling and refining is off line. There’s talk of America tapping into the Strategic Petroleum Reserve.
Posted In: Hurricane Isaac, Oil, strategic oil reserves
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The oil industry prepares for tropical storm Isaac

Aug 28, 2012
Tropical storm Isaac is expected to become a hurricane, though it won't be nearly as powerful as Katrina. The storm has already shut down off-shore oil rigs in the gulf.
Posted In: hurricane, Oil
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How Americans rank industries' reputations

Aug 23, 2012
Which industries do well in public opinion polls? Computers get mostly positive marks, as do retail and anything having to do with food. The federal government and oil and gas, not so much.
Posted In: Gallup, computers, Oil, federal government
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Romney's energy plan: Less regulation, more exploration

Aug 23, 2012
But it probably won't have much impact on consumer's pocketbooks, especially when it comes to the price of gas or electricity.
Posted In: Mitt Romney, energy, Oil
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In Nigeria, former bandits getting government pay

Aug 22, 2012
From Nigeria, the Wall Street Journal has a provocative piece this morning on how the country's protecting its oil industry. The government's paying warlords, thieves and terrorists to guard the same oil pipelines they once plundered.
Posted In: Nigeria, Oil

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