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

Low oil demand doesn't drive gas down

May 14, 2009
U.S. demand for oil has been low for the past few months. But with the price of a barrel of crude near $60, what will that mean for gas prices? Jennifer Collins reports.
Posted In: Oil

EPA weighs measuring ethanol pollution

May 5, 2009
The Environmental Protection Agency is weighing in on how to measure the eco-friendliness of renewable fuels like ethanol. Jennifer Collins reports.
Posted In: Oil

Shell still forging ahead with production

Apr 29, 2009
Royal Dutch Shell says profits fell 58 percent in the first quarter from the same time last year. But oil analysts say the company has come in ahead of consensus and future production is looking good. Christopher Werth reports.
Posted In: Oil

Low demand fuels oversupply of oil

Apr 21, 2009
U.S. crude oil inventories are at their highest levels since 1990 as consumer demand lowers and depressed industries use less fuel. Tamara Keith reports.
Posted In: Oil

IEA: Oil demand will continue to fall

Apr 14, 2009
Oil has been falling since the International Energy Agency forecast lower demand last week. The agency also predicts that the global recession will cut oil demand further this year. Stephen Beard weighs other factors involved.
Posted In: Oil

Economy slows green investment

Apr 8, 2009
The recession has slowed investment into alternative energy research. But some investors still see a bright future for clean tech. Caitlan Carroll reports.
Posted In: Oil

Debate on offshore drilling rages on

Apr 6, 2009
The Department of the Interior is holding a public hearing today on offshore drilling. Hearings will focus on a controversial plan to open up the Outer Continental Shelf for more oil and gas exploration. Joel Rose reports.
Posted In: Oil

Obama makes case for spending plan

Mar 25, 2009
In a prime-time press conference, President Obama defends the cost of his proposed budget, saying trillions of dollars in deficit spending will be required to grow the economy.
Posted In: Economy, Health, Oil

Drilling up old oil safety issues

Mar 24, 2009
Today marks the 20-year anniversary of the Exxon Valdez oil tanker accident, and the oil industry has ramped up safety measures since then. But a proposal to drill in the Arctic has some experts worried. Caitlan Carroll reports.
Posted In: Oil