Oil

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Libyan oil production almost back to normal

Oct 1, 2012
Civi war combatants mindful of the importance of oil on the economy, left infrastructure largely undamaged.
Posted In: Oil, energy, Civil War

Energy independence? For the U.S., it's a pipe dream

Oct 1, 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.
Posted In: energy, Oil, big oil

U.S. petroleum reserve is a versatile weapon

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.
Posted In: Oil, strategic oil reserves, gas

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

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

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

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

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

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

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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