Oil

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Where big oil profits are going

Jul 28, 2008
Oil companies will still be turning in record profits for the second quarter, despite the significant drop in the price of oil. Amy Scott reports analysts are looking into how the companies will use that money.
Posted In: Oil

Trading in your gas guzzler

Jul 25, 2008
Eager to unload that big truck or SUV and start saving at the pump? Not so fast. The cost of dumping your inefficient vehicle may be more than you end up saving. John Dimsdale reports.
Posted In: Auto, Oil

Congress is on empty for energy bills

Jul 25, 2008
The number of energy bills Congress has passed comes to exactly zero. So if $4-a-gallon gas and oil at $125 a barrel isn't enough of a crisis to get lawmakers going, what is? Sam Eaton reports.
Posted In: Oil

Russia, BP in oil struggle

Jul 25, 2008
In a battle for control of one of the world's most valuable resources, billionaire Russian investors have been trying to maneuver control over BP. Bob Moon discusses the struggle for oil power with Stephen Beard.
Posted In: Oil

NYC taxis seek ways to offset oil prices

Jul 25, 2008
New York City cabbies want to tack a dollar onto every fare to offset oil prices. But Mayor Michael Bloomberg and the city's Taxi and Limousine Commission say the answer lies elsewhere. Jessica Lussenhop reports.
Posted In: Oil

Cheaper gas, but not cheap enough

Jul 24, 2008
Money for gas accounts for a painfully high proportion of some people's paychecks, especially in the rural South, like Wilcox County, Alabama. Tanya Ott reports on how some folks there are barely getting by.
Posted In: Oil

Oil spill halts Mississippi River traffic

Jul 24, 2008
An oil spill has brought commercial traffic in the Mississippi River to a halt. Host Kai Ryssdal talks with the Coast Guard's Brendan Brewer about the cleanup effort.
Posted In: Oil

Southwest's hedging luck might be up

Jul 24, 2008
Southwest Airlines' secret to success has been hedging fuel when prices were lower. But how much longer can the airline keep up its winning streak? Dan Grech reports.
Posted In: Oil, Travel

Discount per gallon if you use cash

Jul 24, 2008
A Massachusetts lawmaker is pushing to make gas cheaper if you pay with cash, with a potential savings of seven cents per gallon. Jeff Tyler reports how the discount could help independent gas stations.
Posted In: Oil

Driving past the biofuel pump

Jul 23, 2008
Biodiesel and ethanol were once touted as cheap, eco-friendly options, but between rising prices and their impact on the cost of food, these alternative fuels are losing their good reputation. Tom Banse reports.
Posted In: Oil

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