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Rising Oil Prices

A Big Picture Look

Richard Ha | Posted 03.23.2014 | Hawaii
Richard Ha

Geothermal addresses all three of those points. It's inexpensive compared to using oil to produce our energy; we already know that it works; and after decades of experience with it here, the comparative risk is low.

The Price of Oil: Speculation, Manipulation Or a Deeply Broken System

Raymond J. Learsy | Posted 09.07.2013 | Business
Raymond J. Learsy

Will it be a serious and searching probe of the malevolent formation of prices in the oil industry, costing American and world consumers billions, or just a cursory headline in the manner of the now discredited 'The Oil and Gas Price Fraud Working Group.'

Oil Prices Back Above $100 a Barrel -- Is It a New Dawn for Green Cars?

Charity Knight | Posted 06.24.2012 | Business
Charity Knight

Oil export sanctions on Iran, in response to its nuclear program and its association to extreme conflict zone Syria, has caused the price of a barrel ...

Republican Arguments Running Out of Gas

Josh Molofsky | Posted 05.26.2012 | Politics
Josh Molofsky

The reality is that the president has very little control over oil prices. The upcoming summer "driving season," Iran's threat to close the Strait of Hormuz and the ramped up rhetoric on Iran's nuclear program all have a hand in the game.

Pain at the Pump: Time to Embrace the New Normal

Kelly Rigg | Posted 05.26.2012 | Green
Kelly Rigg

The fact is Americans pay less for gasoline than virtually any other OECD country, while Europeans generally pay amongst the highest prices in the world -- not just amongst OECD countries but amongst all countries.

Geithner: 'We Can't Cut Our Way To Growth'

Reuters | Posted 05.15.2012 | Business

* U.S. faces choice in how to keep expansion going * Oil prices a worry, need to keep eye on Iran * Europe's actions hav...

A Tough-Oil World

Michael T. Klare | Posted 05.13.2012 | Green
Michael T. Klare

The world still harbors large reserves of petroleum, but these are of the hard-to-reach, hard-to-refine, "tough oil" variety. From now on, every barrel we consume will be more costly to extract, more costly to refine -- and so more expensive at the gas pump.

Gas Prices and GOP Crocodile Tears

Edward Flattau | Posted 04.30.2012 | Politics
Edward Flattau

Despite all their handwringing, Republican lawmakers don't seem to care a jot about the misery of the motoring public other than to use it as a political cudgel to pound Obama.

Filling Up Your Tank Getting A Whole Lot Harder

AP | PABLO GORONDI | Posted 04.21.2012 | Business

Oil prices jumped to a nine-month high above $105 a barrel on Monday after Iran said it halted crude exports to Britain and France in an escalation of...

Oil Prices Surge Amid Rising Tensions In Iran

AP | CHRIS KAHN | Posted 03.04.2012 | Business

NEW YORK — Oil prices soared Tuesday as tensions grew over key Persian Gulf oil shipments. Benchmark crude jumped by $4.13, or 4.2 percent, to ...

When Will We See Demand Destruction for Oil?

Jeffrey Rubin | Posted 06.21.2011 | Business
Jeffrey Rubin

Somber warnings from leading world institutions aside, there is no evidence yet of demand destruction in the places that have been pushing world consumption for over the better part of the past decade.

Big Oil's Sleight of Hand

Bill Meadows | Posted 05.25.2011 | Green
Bill Meadows

As long as the oil companies can convince Americans that more domestic drilling will lower the price of gas, which it won't, the industry is off the hook for its three biggest scams.

More Outrage Coming at the Pump

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

Ugh! If you're planning a getaway for the July 4 weekend, there's a chance you may have to shell out another $1 to $1.25 a gallon at the gas pump. The agonizing figures tell the story.

The Return of the Brothers Grimm

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

With the rosy views a fair number of Wall Streeters are pitching, the brothers Grimm seem to be making the trek to Wall Street.

Lurking Oil Shock Could Wreak Havoc

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

The ballooning price of oil is rearing its ugly head as a potential new and dangerous economic threat.

Rising Oil Prices A Threat To The Recovery -- Just Not Yet

The Huffington Post | Lila Shapiro | Posted 05.25.2011 | Business

The price we pay at the pump may eventually take a toll on the economic recovery. The Financial Times reports this morning which suggests that "High...

Florida Lottery Gives Free Gas For Life

Treehugger | Andrew Posner | Posted 05.25.2011 | Home

Free Gas Instead of Cash? In yet another sign of how gas prices are affecting the economy, several states, including Florida, Georgia and Oklahoma, ...

Saudi Arabia To Hold Meeting On Soaring Oil Prices

AP | DONNA ABU-NASR | Posted 05.25.2011 | Business

RIYADH, Saudi Arabia — Saudi Arabia will call for a summit between oil producing countries and consumer states to discuss soaring energy prices,...

Oil Pushes Past $101 on Fed View

AP | JOHN WILEN | Posted 05.25.2011 | Business

NEW YORK — Oil futures rallied again Wednesday, pushing briefly past $101 a barrel after the Federal Reserve lowered its forecast for economic g...

Bush Considers Economic Stimulus Package

AP | Deb Riechmann | Posted 05.25.2011 | Business

Amid new worries about a possible recession, the housing slump and rising oil prices, President Bush is exploring an economic stimulus package to rein...