Oil

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2

Speculation suddenly drives oil higher

Jun 10, 2009
Sales statistics in China and other factors are contributing to a rise in oil prices. Some analysts say that speculative momentum could drive the price of oil to $80 a barrel within a week. Stephen Beard reports.
Posted In: Oil
3

GOP to push for domestic oil drilling

Jun 10, 2009
House Republicans plan to unveil a new energy plan they're calling the "all of the above" solution for energy independence. The proposal calls for domestic energy production, aka "Drill, baby, drill." Sam Eaton reports.
Posted In: Oil
1

When will gas-price rise run out of fuel?

Jun 9, 2009
Gas prices are starting to move up again, raising some fears about their impact on the economic recovery. Should we be worried? Bob Moon reports.
Posted In: Auto, Oil
5

Fed explores the big fracking deal

Jun 8, 2009
The oil drilling technique known as hydraulic fracturing, or "fracking," is under federal scrutiny this week. The oil industry says reversing the process could add big fees and hinder exploration. Sam Eaton reports.
Posted In: Oil
1

Oil has likely seen its summer peak

Jun 2, 2009
The average price of a gallon of gas has shot up by about a dollar since January. But a new Saudi Arabian oil field is just one big reason consumers won't see prices climb any higher this season. Steve Henn reports.
Posted In: Oil
2

Storage one culprit of higher oil prices

May 27, 2009
Oil minister Ali Naimi says that global demand for crude is picking up, but analysts say we're not seeing much higher consumption, just higher storage. Stephen Beard reports prices could drop if world oil storage runs out.
Posted In: Oil
0

Can we keep gas prices down?

May 25, 2009
The U.S. has been vocal about oil lately with the prices recently rising. Steve Chiotakis talks to Carola Hoyos, chief financial correspondent for The Financial Times, about the effort to keep gas prices low so an economic recovery can take hold.
Posted In: Oil
1

Drivers aren't deterred by rising gas

May 22, 2009
Gas prices may be rising steadily, but vacationers are still driven to travel this Memorial Day weekend. Jeremy Hobson reports oil prices won't get much worse, and cost per gallon may actually go down this summer.
Posted In: Oil, Travel
9

Raise gas tax to get more efficient cars

May 21, 2009
The Obama administration is making fuel-efficiency regulations tougher. Commentator Paul Kedrosky says these reforms don't make much economic sense and offers an alternative to get more efficient cars built.
Posted In: Oil
3

Surplus keeps pressure on oil prices

May 19, 2009
Traders may be counting on the demand for crude to recover as the global downturn bottoms out. But a huge surplus of crude may keep oil prices under pressure. Stephen Beard reports.
Posted In: Oil

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