West Texas Intermediate

What should have been said by our president is that this government is moving heaven and earth to convert our transportation fleet from gasoline and diesel to being powered by compressed natural gas.

If the global economic expansion, troubled as it may be, continues, we will see even higher oil prices in 2012. But what does that say about the sustainability of growth?

Times are a changing. With "peak oil" finally in proper perspective the hegemony of OPEC over the oil market is starting to sunder. The ascendancy of oil production in many corners of the world is beginning to change the accepted rules of the market.

The formation of oil prices in this day and age is a farce, having little and ever less to do with the market disciplines of supply and demand.

WASHINGTON -- U.S. commodity regulators are suing three companies and two individuals claiming they manipulated crude oil futures prices on the New Yo...

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...

The looming economic crises caused by the massive jump in oil prices must certainly be classified a national emergency. But there is an easy way to avoid that -- as long as our leaders ignore the oil lobbyists.