Topic: John Felmy
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Memorial Day: good news on gasoline prices, and it may get better
Memorial Day weekend, the start of the summer driving season, will see gasoline prices at their lowest in two years. Concerns about Europe and optimism about Iran have helped cut the cost of crude.
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As gas prices rise, should US oil industry stop exporting?
US gas prices are soaring and domestic demand is falling. The oil industry says it needs to export to stay in business and avoid layoffs. Others claim that keeps supply low and gas prices high.
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Should US draw on strategic reserves to temper rise in oil prices? (video)
Rapidly rising oil prices, and fears it could harm the US economy, make tapping the strategic reserves a tempting option. But analysts say it would work only for the short term.
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Gas prices rise: Is Obama to blame?
Gas prices are 14 percent higher than a year ago, though US demand has risen only 0.7 percent. So what – or who – is driving up prices? The Heritage Foundation points a finger at Obama's environmental policies.
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Heating oil could cost a homeowner $259 more this winter
The price of crude oil is rising, pushing up heating oil costs. Natural gas prices are holding steadier.
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Recession over? Five signs Bernanke may be right
A number of positive trends support the Federal Reserve chief's statement that the recession has "very likely" ended.
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As oil prices fall, fewer wells drilled in US
The sharp decline in drilling – a 46 percent drop compared with last year – could push up future energy prices.
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Gas prices are falling, but will consumers notice?
They've dropped 5 cents over the past week and oil is down from $71 to below $60 a barrel. But lower fuel prices may not make an impression on recession-hit consumers.
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Report: 'Green' jobs outpacing traditional ones
The "green" energy and transportation sector is emerging as a vital part of the US economy, though still small compared with oil and gas, says a new study.
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A gallon of gas on track to stay below $3 this spring
With crude oil stocks high and gasoline demand low, US drivers may get a reprieve from the customary spring spike in gasoline prices this year.
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Economic bright spot: energy prices
Gasoline and some heating costs are expected to be relatively low in 2009.
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With gas costly, drivers finally cut back
A decline in miles driven is the first since 1980.
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Soaring energy prices bad news for the economy
The high cost of oil and gasoline could act as a tax on consumers and undercut the government's stimulus plan.
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Will additives push gasoline to a record high?
The price may hit $3.50 a gallon this spring because of problems obtaining alkylates.
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