Oil Costs

Our Dangerous Addiction to Immediacy

Jeff Schweitzer | Posted 04.09.2009 | Green


Jeff Schweitzer

The time has come for society to pay the true environmental and national security price tag of burning fossil fuels.

Oil Falls To Lowest Price Since 2005

AP | ALEX KENNEDY | Posted 12.21.2008 | Business


SINGAPORE — Oil prices fell to a 3-year low below $49 a barrel Friday in Asia as plunging stock markets, driven down by more bad U.S. economic n...

Bernanke: US Weathering "Oil Price Shock"

AFP | Posted 06.12.2008 | Business


The US economy is holding up in the face of a "serious oil price shock" because it is less dependent on petroleum than in the 1970s, Federal Reserve c...

Recession's One Benefit: Gas Prices May Drop

Reuters | Timothy Gardner | Posted 03.28.2008 | Business


U.S. drivers could enjoy a drop of up to 50 cents per gallon in gasoline prices by this spring as high fuel prices and the threat of a recession force...