Americans have pumped less gas every week for the past year. During those 52 weeks, gasoline consumption dropped by 4.2 billion gallons, or 3 percent...
Posted 08.10.2011
WASHINGTON (Pedro Nicolaci da Costa) - Import prices rose for an eighth straight month in May despite a drop in fuel costs, with the year-on-year ...
Daniel Dicker | Posted 07.12.2011
I've traded oil for 25 years and I don't know if it's worth $40 a barrel or $140 a barrel today. I do know that getting past the silly season of oil pricing, and figuring out what it's really worth is going to help us all.
Sen. Claire McCaskill | Posted 07.12.2011
This week, I helped introduce the Close Big Oil Tax Loopholes Act in the Senate, which will take away $2 billion in annual subsidies American taxpayers hand to the most profitable corporations in the world.
AP | MARK S. SMITH | Posted 06.23.2011
WASHINGTON — With gas prices climbing and little relief in sight, President Barack Obama is scrambling to get ahead of the latest potential obst...
AP | CHRIS KAHN | Posted 05.25.2011
NEW YORK — The price of oil is poised for another run at $100 a barrel after a global economic rebound sent it surging 34 percent since May. That co...
The Hill | Roxana Tiron | Posted 05.25.2011
The Pentagon pays an average of $400 to put a gallon of fuel into a combat vehicle or aircraft in Afghanistan. The statistic is likely to play into t...
Bill Maher | Posted 05.25.2011
AP | JOHN WILEN | Posted 05.25.2011
NEW YORK — Gas prices hit $3.60 a gallon and oil futures rose to their own new record near $120 a barrel on Monday as labor actions overseas thr...
Reuters | Posted 05.25.2011
U.S. drivers are paying record prices to fill their gas tanks and they could see prices surge as much as 30 cents more per gallon over the next few we...
McClatchy Newspapers | Kevin P. Hall | Posted 05.25.2011
Drivers beware: Today's high gasoline prices soon may look like a bargain, because they're expected to peak at $3.60 a gallon nationwide in coming mon...
AP | CHRIS KAHN and TOM KRISHER | Posted 05.23.2012