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Natural gas prices have dropped by more than 12 percent in the past month as the country continues to sip at its energy reserves and a balmy November allowed homeowners to leave the heat off.
Oil prices edged down toward $77 a barrel on Friday after a drop in many stock markets and amid concern about the strength of the global economic recovery.
Oil prices pushed higher for a second straight day on Tuesday even though the dollar strengthened and fresh economic data gave mixed signals on whether demand for oil will increase.
Oil prices fell Tuesday as workers headed back to deep sea platforms that were bypassed by a rapidly weakening storm in the Gulf of Mexico.
Oil prices swung around $79 a barrel Tuesday, as a storm threatening oil installations in the Gulf of Mexico weakened and investors eyed a volatile dollar.
Crude prices bounced above $80 per barrel once again on Wednesday, a level that even OPEC leaders have said is too high given the fragile state of the global economy.
Oil prices fell slightly to near $79 a barrel Wednesday in Asia despite an unexpected drop in U.S. crude supplies which suggested demand may be picking up.
Retail gasoline prices chugged higher Friday to a new peak for the year, forcing consumers to dig deeper into already-thin wallets to pay for fuel.
Oil prices fell to near $79 a barrel Wednesday in Asia amid mixed signals about the strength of the U.S. economic recovery.
Oil prices surged 25 percent in less than a month, dredging up memories of last year's spike and gas prices could soon eclipse summer highs.
Oil prices fell for a second day Wednesday in Asia as investors eyed a bigger-than-expected U.S. crude inventory increase and weak economic data.
Oil prices are set to end the week above $77 per barrel, marking the largest percentage increase in the cost of crude since the height of the summer driving season. Retail gas prices have begun to tag along.
Oil prices rose to near $74 a barrel Tuesday as the weakening dollar made commodities — which are priced in the U.S. currency — cheaper for international investors and increased their appeal as protection against inflation.
Oil prices rose above $71 a barrel Tuesday in Asia as a jump in global stock markets boosted investor confidence.
Oil prices which had been rising since late last week paused Tuesday on a new report showing that consumers remain leery of job losses and also growing evidence that U.S. crude supplies have grown.
Oil prices rose to near $67 a barrel Tuesday in Asia as regional stock markets rebounded and investors awaited a slew of data on the U.S. economy.
Oil prices fell for a third straight day before the U.S. Federal Reserve meets to discuss monetary policy, which for months has helped to drive crude prices higher.
Natural gas demonstrated again how much it has split from the direction of crude, as prices spiked more than 13 percent despite an enormous glut in supply.
Natural gas demonstrated again how much it has split from the direction of crude, as prices spiked more than 11 percent despite an enormous glut in supply.
Oil prices slipped below $71 a barrel Monday as high crude stockpiles and weak demand tempered enthusiasm about recent signs of improvement in the world's largest economy.
Oil prices dropped below $69 a barrel Monday in Asia amid a stronger U.S. dollar and a slide in regional stock markets.
Oil prices edged slightly higher Friday after the government reported the fewest monthly job losses in a year.
Oil prices clung near $68 a barrel for a fourth day Monday in Asia as investors looked to this week's OPEC meeting for a possible change in the cartel's production.
Oil prices dipped again Tuesday despite new indications that the U.S. manufacturing and housing industries may be on the mend.
Oil prices fell to near $72 a barrel Monday in Asia as China's stock market tumbled and commodities investors questioned whether the U.S. economy can recover strongly in the second half.
Oil prices top $80 amid worries on dollar, stormOil prices shot up $2 a barrel Monday as a weakened U.S. dollar created more turbulence in energy markets than a storm heading into the Gulf of Mexico. The price of regular unleaded gasoline in Tulsa, meanwhile, slipped to $2.31 a gallon at many convenience stores.
The Peak Oil Crisis: $80 a Barrel Last week oil broke out of a months-long trading range and surged to $82 a barrel.
Study Argues C.F.T.C. Overlooked Oil SpeculationA new academic study contends that speculation by financial players like banks, hedge funds and index funds was behind the steep rise in oil prices last year and notes that the A new academic study contends that speculation by financial players like banks, hedge funds and index f …
Federal Regulators Considering A Smackdown on Oil SpeculatorsExcerpt: "" Reacting to the violent swings in oil prices in recent months, federal regulators announced on Tuesday that they were considering new restrictions on "speculative" traders in markets for oil, natural gas and other energy products.
Slumping oil prices drag down stock marketInvestors pushed stocks lower Tuesday as another tumble in oil prices undermines the case for an economic recovery.
Regulators to Consider Limits on Oil ContractsReacting to swings in oil prices in recent months, federal regulators announced on Tuesday that they were considering trading restrictions on hedge funds and other "speculative" traders in markets for oil, natural gas and other energy products.
When the price of a barrel of oil went below $40, no one expected it to stay that way. The question was how high the price of a barrel of oil would go once it had bottomed. Now that it is approaching $70 a barrel, all sorts of experts are making predictions about future prices.
Mahmoud Ahmadinejad, Iran's Charity Economics and the Apocalypse BrigadeTehran, Iran, 16 June 2009. The world is outraged by Mahmoud Ahmadinejad's apparently rigged election victory. Recent polling indicates that the results may well be valid, however. Key to understanding what has happened are the 'Charity' economics that Ahmadinejad practices.
Spooking the price Up on a barrel of oilbcb- Here we are again. Predictions of $250 barrel oil...to be followed by increases as the various manipulators-o-the-world try to spook it higher.(a prediction of $400 barrel oil was spouted by Russia last summer)
Oil hits new 2009 peakOil prices on Thursday set a new high for the year, buoyed by a weaker dollar and the first drop in unemployment since January.
Libya's plan to buy Verenex Energy Inc should not take long and it is well-placed to finance the deal, the country's most senior energy official said on Thursday.
Libya will match China National Petroleum Corp.'s C$499 million ($443 million) offer for Verenex Energy Inc., as the North African nation seeks to retain a larger share of its oil wealth.
With its new policies towards renegotiating and extending old agreements, Libya's NOC has always been attempting to increase its shares and implant new terms and conditions which will make it, increase its shares dramatically.
An improving economic outlook is driving the rise in oil prices and the rally is expected to continue, Libya's top oil official said on Tuesday as crude hit a six-month high.
The West�s Or Obama�s Oil WeaponOil has become a double edged sword. It can now be wielded against the oil producing states as much as it can be wielded by them. More specifically it can be used by the West to neutralize Iran's nuclear threat without military action.
Provo company creates 140 mpg SUVPROVO -- Provo-based Raser Technologies says it has created a hybrid SUV, a converted Hummer H-3, that can get about 140 miles per gallon. It can drive in all-electric mode up to 40 miles per day.
Summer of Outrage II - There Will Be Blood.....Even though the economy continues to struggle, investors are looking ahead to time when the massive rescue efforts by central banks and governments gain traction.
Oil prices reach new high for 2009 as dollar fallsA weakened dollar and evidence that OPEC has significantly slowed production sent oil prices soaring to new highs for the year Thursday.
Falling oil prices stymie Iraq's security spendingBAGHDAD – Falling oil prices will force Iraq to cut back on military spending, leaving questions about whether it can handle tasks such as protecting oil platforms in the Gulf once the American pullout is complete, a top U.S. commander said.
Gas Prices Are Not Tied to Oil PricesMost people think gas prices reflect oil prices, but they don't. Ed Wallace explains why—and why gas prices still go up when oil falls
Gore, Clinton headline energy conferenceFormer vice president says lower oil prices shouldn't stall efforts to put a price on carbon emissions to combat climate change and reduce U.S. dependence on foreign oil.
Eastern Europe About to Go Bust, Taking Western Europe With It. The Telegraph: Stephen Jen, currency chief at Morgan Stanley, said Eastern Europe has borrowed $1.7 trillion abroad, much on short-term maturities. It must repay -- or roll over -- $400bn this year, equal to a third of the region's GDP. Good luck.
Tumbling oil prices may dim Sarah Palin's political futureRapid declines in oil prices have punished the budget of the resource-rich state, calling into question Palin's stewardship. Was she really a successful governor or just the beneficiary of overinflated prices?
I was astonished by the amount of articles that I came by today concerning the upcoming uptick in oil prices. Instead of seeding each, I have decided to compile them here: Enjoy low oil prices while you can: guru Oil Prices: Get Ready for the Rebound
Mechanics of Future Oil Price Volatility (A Flubber Cobweb)It is convincingly argued the recent collapse in oil prices has locked us in to a roller coaster ride for the foreseeable future. Diminishing supplies, market psychology and technological and social lag-times are all going to lead wide swings in oil prices.
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