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.
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.
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.
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.
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.
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.
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.
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.
The recession has slowed investment into alternative energy research. But some investors still see a bright future for clean tech. Caitlan Carroll reports.
