Oil Price

Oil Prices Suffer Largest One-Day Decline In Nearly Six Months

AP | JONATHAN FAHEY and CHRIS KAHN | Posted 05.06.2012

Read More: Oil Price, Oil Shares, Oil Stock Market, Oil Costs, Oil Prices, Oil Stocks, Oil Wall Street, Oil Jobs, Oil Jobs Report, Business News

NEW YORK -- The price of oil suffered its biggest one-day decline in nearly six months Friday, falling below $100 per barrel for the first time since ...

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Shale Oil "Flaring" Is Dirty Secret of U.S. Oil Boom

Mindy S. Lubber | Posted 05.29.2012

Read More: Oil Production, Oil Price, Fracking, Fracking Debate, Oil, Fracking Practice, Oil Business, Fracking North Dakota, Natural Gas, Green News

My question in response would be this: Given business, reputational, environmental and other risks, can't the industry figure out a way to successfully capture this perfectly usable gas at a profit?

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Oil Market Itself Proves Gas Prices Are All Speculation-Driven

Daniel Dicker | Posted 05.29.2012

Read More: Oil, Gas Prices, Gas Prices Rise, Oil Trade, Oil Price, Intercontinental Exchange, Video, Business News

I recently got into a discussion with an executive at one of the larger derivative brokerages about the amount of speculation and investor interest in the oil markets today. He made a number of good points, but one that wasn't so good was in comparing the oil market to stocks.

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Want to Lower Gas Prices to $3.00, Now? Tax the Oil Speculators, Now

Paul Abrams | Posted 05.18.2012

Read More: Rex Tillerson, Tax on Oil Speculators, President Obama, Robert Reich, Gas Price, Maria Cantwell, Oil Price, Congress, Oil Speculators, Politics News

Every time a Honda Civic owner fills his tank, he hands $7.30 to Wall Street. A Ford Explorer driver is even more "generous" -- she provides them with a cool $10.41.

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Don't Know Much About Oil

Barry Levinson | Posted 04.09.2012

Read More: Oil Cost Price, Middle East Oil, Oil Price, Gas Station Price, Oil Industry Prices, Gas Pump Price, Oil Speculation Price, Price Fluctuation Gas, Gasoline Price, Politics News

Nothing fluctuates daily in price like oil. All other businesses have some kind of sale celebrations going on periodically. Not when it comes to oil. And for whatever reason, we have accepted it.

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Oil Prices Collapse In Record Sell-Off

HuffingtonPost.com | William Alden | Posted 07.05.2011

Read More: Commodities Prices, Gas Prices, Commodities, Oil Price, Opec, West Texas Intermediate, Oil, Oil Prices, Brent Crude, Business News

This post has been updated. NEW YORK -- Oil prices took a nosedive Thursday in a historic selloff, erasing weeks of gains and indicating that the m...

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Oil Prices Soar: What Are You Cutting Back On?

The Huffington Post | Maxwell Strachan | Posted 05.25.2011

Read More: Per Gallon, Oil Price Per Barrel, Political Turmoil, Federal Reserve, US Economy, Libya, Oil Price, Middle East, Libya Oil, Cheap Oil, Oil Prices, Price Per Barrel, Oil, Ben Bernanke, Slidepollajax, Business News

With the average price of gasoline now above $3.50 per gallon, we asked our readers what spiking oil prices would cause them to cut down on. (See what...

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How Obama Can Further U.S.-Iran Relations

Eric Margolis | Posted 05.25.2011

Read More: Baghdad Bombing, Russia, Islam, Obama Iran, Central Intelligence Agency, War With Iran, Washington DC, Iran, Bush Iran, Anthrax, Ayatollah Ali Khamenei, British, Iran Nuclear Weapons, Iraq War, Gordon Brown, London, Mahmoud Ahmadinejad, Oil Price, Iranian Women, Ayatollah-Khomeini, Poland, Persia, Oil, Baghdad, Iranian Oil, Hillary Clinton Iran, Iraq, Ahmad Shah Massoud, Iran Nuclear Program, Soviet Union, World News

President Barack Obama, who says he wants to open serious talks with Iran and establish better relations will have his work cut out for him. His first step is to read Iran's modern history.

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Energy Lessons for Europe and the U.S. from the 1973 Arab Oil Embargo

Charles D. Ferguson | Posted 05.25.2011

Read More: Coal Plants, Russia, Council on Foreign Relations, Central Europe, Gasoline Prices, Conservation, Cars, Obama Administration, Coal, Eu, Cheap Gas Prices, Oil Embargo, Solar Energy, Electricity, Oil Price, Washington, Arab Oil Embargo, Israel, Yom Kippur War, Natural Gas, Eu Greenhouse Gas Emissions, Cfr, Opec, Strategic Petroleum Reserve, Wind, Russian Gas Dependence, Ukraine, Suvs, Energy Efficiency, Eastern Europe, Increase, Geothermal, United States, Heat Oil, Carbon Dioxide, International Energy Agency, Greenhouse Gas Emissions, Renewable Sources of Energy, World News

While feeling angry is justified in a crisis, the governments would be best advised not to get mad at Russia but to get more secure in energy supplies and smarter in energy usage.

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Behind Skyrocketing Oil Prices

Robert Weissman | Posted 05.25.2011

Read More: Market Manipulation, Oil Price, Peak Oil, Big Oil, Speculation, Climate Change, Business News

Market manipulation may be contributing to the recent oil price spike -- though even in the worst case, it is only part of the story.

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