Topic: U.S. Strategic Petroleum Reserve
Top galleries, list articles, quizzes
-
Gas prices fact check: Six ideas in Congress, but can they work?
Soaring gas prices have also shown a consistent and significant ability to push members of Congress over the deep end. Here's the experts' take on 6 ideas floating through Congress.
-
Gas prices out of control? Seven ways lawmakers could help – or hurt.
Gas prices are approaching $4 a gallon and oil prices are above $100 a barrel, leading politicians in Washington and statehouses to propose a flurry of legislation. Some proposals strive to quell voter angst while others might balance budgets by raising gas prices.
All Content
-
Energy Voices
Energy boom will push US past Saudi Arabia, benefit economyThe US energy boom will boost jobs and capital spending, cut imports and carbon emissions, according to a new report. But the energy boom is not a panacea for the climate –or US foreign policy.
-
Energy Voices
Obama, Romney avoid hard truths about energyOne hard truth: The era of cheap oil is over. Even the recent glut of US oil and gas was driven by high prices, which gave industry the incentive to use expensive, risky drilling technology.
-
Energy Voices
Oil markets limp into fourth quarterA decrease in crude oil stocks reported by the US Energy Department could be a sign of a rough future for energy markets, according to OilPrice.com.
-
Energy Voices
Oil demand slumps in AugustTotal petroleum deliveries for August 2012 were at their lowest level for the month in 15 years and domestic oil production followed similar trends, according to OilPrice.com.
-
Gas prices dip, but are still pretty high. Should Obama be worried?
Suburban commuters are considered an important constituency this election year, analysts say, and high gas prices are on their list of complaints. Belatedly, they could be beginning to fall.
-
Oil prices plunge after last week's bump
Oil prices bobbed above $97 per barrel and then retreated on Tuesday, a day after prices unexpectedly took a plunge. The drop in oil prices erased the gains made last week when the Federal Reserve unveiled new steps to boost the US economy.
-
Energy Voices
Four reasons gas prices are about to fall fastGas prices are set to decline even without a release from the Strategic Petroleum Reserve. Temporary factors that have pushed up gas prices are now ending.
-
Gourmet Aleppo pepper: a culinary casualty of the Syria war
For Americans following the war in Syria, Aleppo is the dateline of major clashes between the army and rebels. But for those with gourmet tastes, it's also the name of a pepper they'd prefer not do without.
-
Consumer Energy Report
Oil subsidies: Surprise! Liberals are fans, too.When asked if the federal government should eliminate subsidies for oil companies, most would respond with a resounding 'yes.' But such a policy would have unwelcome unintended consequences, and not just for billionaire oil tycoons.
-
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.
-
'Buffett rule' fails, but it will be back
The Buffet rule to raise taxes on millionaires couldn't get through the Senate, but both parties promise to make it a campaign issue as the nation heads toward Election 2012.
-
Americans spread blame for high gas prices, foresee $4.75 a gallon
Americans foresee, on average, gas prices at $4.75 a gallon within three months, shows a Christian Science Monitor/TIPP poll. They most blame the oil industry and Wall Street. But they expect politicians to act.
-
Is $3 a gallon a historical relic? What could bring gas prices back to earth.
A return to the $3-a-gallon gas prices of yore is possible, but it will require a number of factors. Among developments experts say could help: improved fuel-efficiency and a calmer Middle East.
-
Gas prices fact check: Six ideas in Congress, but can they work?
Soaring gas prices have also shown a consistent and significant ability to push members of Congress over the deep end. Here's the experts' take on 6 ideas floating through Congress.
-
Oil nears $110 a barrel, gas prices jump 12 cents a gallon in a week. Eek!
Tensions with Iran have markets 'convinced there will be some type of confrontation,' says an energy analyst. Oil buyers are starting to 'horde,' and nervousness is affecting gas prices.
-
High gas prices: How big a problem for Obama?
The last five times gas prices have spiked, the incumbent party has lost the presidential election. On Tuesday, the national average price of gasoline was $3.57 a gallon.
-
Gas prices begin climb toward $4.50 a gallon, experts say
Gas prices could hit $4.50 a gallon nationwide by summer because of sanctions on Iran, a frigid winter in Europe, and logistical challenges in the US. The current all-time high is $4.11.
-
Oil prices: What happens if Iran shuts down the Strait of Hormuz?
About 35 percent of the world’s seaborne traded oil moved through the Strait of Hormuz in 2011. Energy analysts don’t doubt that Iran could disrupt the flow of oil in the strait if it wants to.
-
Gold prices follow each twist in debt-limit talks
Gold prices got whipsawed Wednesday as investors tried to determine whether a debt-limit deal would happen. If it doesn't, gold prices could soar.
-
Oil futures top $100 a barrel
Oil futures swayed by better outlook for US economy and Greek aid deal. It's the first time since early June that oil futures have breached the $100 level.
-
Oil prices go up, but gas prices go down. What's going on?
Oil prices dipped right after the Obama administration announced it would tap reserves, but the price has rebounded. Gas prices, meanwhile, fell 7 cents a gallon in the past week, averaging about $3.54 a gallon.
-
The Vote
Will Michele Bachmann's gaffes hurt her presidential candidacy?Flaps about Michele Bachmann's grasp of Colonial history or movie-star birthplaces probably won't mean a lot to many voters. But her misstatements of fact about current political history could be a problem.
-
The Vote
Newt Gingrich's biggest problem: too many words, or too little cash?Newt Gingrich said his recent campaign troubles came from consultants who wanted him to measure his words more carefully. Were they right? Or does he just need more cash?
-
Crude oil steady after big price drop
Crude oil moved above $91 a barrel Friday, a day after the International Energy Agency announced it would release 60 million barrels of crude oil from reserves.
-
Why is Obama tapping the Strategic Petroleum Reserve, really?
The administration's decision to release 30 million barrels of oil from the Strategic Petroleum Reserve is pure politics, say some. The White House says it's trying to offset a drop in Libyan light sweet crude – needed for gasoline – at the height of the summer driving season.
Become part of the Monitor community