Oil Barrels

The OCS - Our Nation's Piggy Bank

Tom Donohue | Posted 11.14.2008 | Business


Tom Donohue

Tomorrow night Bob Schieffer is sure to ask: "How does the economic crisis affect your plans for the future?" It will be the third debate we've heard the question, and it isn't getting any easier to answer.

Crude oil at new high just above $114; gas also at a record

AP | ADAM SCHRECK | Posted 04.23.2008 | Business


NEW YORK — Energy traders rewrote the record books again Tuesday, pushing oil futures past $114 a barrel as gasoline and diesel prices struck ne...

Iraq Oil Exceeds Pre-War Output

BBC News | Posted 03.28.2008 | Politics


Iraqi oil production is above the levels seen before the US-led invasion of the country in 2003, according to the International Energy Agency (IEA). ...

Oil Hits New High Above $93 A Barrel

AP | George Jahn | Posted 03.28.2008 | Business


Oil prices hit a new trading high above $93 a barrel Monday before falling back, propelled by news that Mexico's state oil company was suspending abou...

Oil Prices Top $90 A Barrel

AP | John Wilen | Posted 03.28.2008 | Business


Oil prices surpassed $90 a barrel for the first time Thursday as the falling dollar drew new foreign investors and speculators to dollar-denominated e...