Gasoline sales have fallen for five straight weeks, according to MasterCard, signaling that pump prices may have reached an economic tipping point.

Libyan leader Muammar Gaddafi has had an eventful career. But one aspect of his life has largely been forgotten in the West.

Libyan rebels are expected to sell their first shipment of oil, a sale that could signal big changes in international oil trading.

The British oil giant is pursuing permits to resume drilling on 10 wells in the Gulf of Mexico this summer.

Here are today's top headlines from the Marketplace Morning Report and around the web….

This final note today. Oil closed at almost $108 a barrel in New York this afternoon. That's actually a good thing, 'cause it implies traders think…

The president says more oil and gas drilling, nuclear energy, clean coal, increased efficiency and biofuels should get us there. But we could still end up stalled on the road.

According to the company's chairman, Tokyo Electric Power Company will permanently shut down four of the six reactors at the incapacitated nuclear plant.

In a speech this morning, President Obama said the U.S. must find a way to cut U.S. oil imports by one-third.

Here are today's top headlines from the Marketplace Morning Report and around the web…