Oil prices fell Wednesday amid concerns that global economic weakness will continue to crimp demand for energy.
Oil prices jumped $6 a barrel Wednesday - staging the second largest one-day surge on record - as Wall Street's precipitous decline sent investors scrambling to find other places to park their money.
Home heating bills are expected to soar this winter and Americans, already struggling with high gas and food prices, are bracing for more financial hardship.
Americans may face dramatically higher electric bills next year, according to a government report released Tuesday.
Americans may face dramatically higher electric bills next year, according to a government report released Tuesday.
Global energy demand will grow by 50 percent over the next two decades with continued heavy reliance on fossil fuels, the government predicted Wednesday
Oil prices fell over $4 Thursday, a day of wild price swings on the back of plummeting crude supplies, signs of a strong economy, and news the government is six months into an oil trading investigation.
The price that your parents pay to fill up the family car is rising. Ever stop to think about what's behind the price at the pump? Here's a look at where the money goes when you buy a gallon of regular gasoline. (The percentages cited below, which are from the Energy Information Administration, may vary by month. This data is as of April 2008.)
Oil prices hit a record above $135 a barrel before falling back in Asia Thursday, with supply worries, rising global demand and a slumping dollar keeping crude futures on an upward track
Oil prices touched another record Wednesday, spiking after an initial decline on a government report that said crude and gasoline supplies were stronger than expected last week.
Oil prices fell Wednesday amid concerns that global economic weakness will continue to crimp demand for energy.
Oil prices jumped $6 a barrel Wednesday - staging the second largest one-day surge on record - as Wall Street's precipitous decline sent investors scrambling to find other places to park their money.
Home heating bills are expected to soar this winter and Americans, already struggling with high gas and food prices, are bracing for more financial hardship.
Americans may face dramatically higher electric bills next year, according to a government report released Tuesday.
Americans may face dramatically higher electric bills next year, according to a government report released Tuesday.
Global energy demand will grow by 50 percent over the next two decades with continued heavy reliance on fossil fuels, the government predicted Wednesday
Oil prices fell over $4 Thursday, a day of wild price swings on the back of plummeting crude supplies, signs of a strong economy, and news the government is six months into an oil trading investigation.
The price that your parents pay to fill up the family car is rising. Ever stop to think about what's behind the price at the pump? Here's a look at where the money goes when you buy a gallon of regular gasoline. (The percentages cited below, which are from the Energy Information Administration, may vary by month. This data is as of April 2008.)
Oil prices hit a record above $135 a barrel before falling back in Asia Thursday, with supply worries, rising global demand and a slumping dollar keeping crude futures on an upward track
Oil prices touched another record Wednesday, spiking after an initial decline on a government report that said crude and gasoline supplies were stronger than expected last week.
Oil prices surged to record levels Wednesday, topping $112 a barrel, after a government report showed an unexpected decline in crude supplies.
Oil prices seesawed Wednesday after a government report showed a larger-than-expected increase in crude supplies and a sharp drop in gasoline supplies.
A weak government report on inventories help add fuel Wednesday to an oil rally initially sparked by a decline in the dollar.
Oil prices experienced the sharpest plunge in 17 years on Wednesday, driven down by weakening demand and a stronger dollar.
Oil prices struggled for direction Wednesday after the government said supplies of crude and gasoline rose far less than expected last week.
Oil prices rose Thursday after Congressional leaders and White House officials announced an economic stimulus package, easing some of the market's fears that a downturn will crimp demand.
The government increased its projection for oil prices Wednesday, and said those higher prices will chip away at economic growth.
A top U.S. forecaster expects gas prices to jump another 20 cents a gallon by December, according to a report in The Wall Street Journal.
Winter heating bills are going to be even more brutal than the government projected, according to a new report. The average household will pay $986 in heating costs this winter. This is up almost 11 percent from last season, according to the Energy Information Administration. To prevent skyrocketing bills, invest in an energy audit. We'll tell you how.
Oil prices rallied Wednesday after a government report showed an unexpected drop in inventories.
Heating your home this winter is going to cost you a lot more according to Energy Information Administration. In fact, Americans will spend $977 to heat their homes this year, 10% more than last year. But insulating your home you can help keep shave those costs. Here's the best way to do so.
No matter what method Americans use to heat their houses, this year it will cost them more than last, according to a government report issued Tuesday.
No matter how you heat your house, this year will cost you more than last, according to a government report Tuesday.
Oil prices ended up over $80 a barrel Wednesday, capping off a volatile day of trade after the government said supplies of crude and distillates rose unexpectedly.
Power producer NRG Energy Inc. is expected on Tuesday to submit the first application for a new nuclear reactor in the United States in nearly 30 years.
Despite oil prices recently hitting a record high of over $80 a barrel, experts say it's unlikely retail gasoline prices will move much higher than the current national average of just below $2.80 a gallon.
Oil prices turned higher Thursday, setting another record high at more than $80 a barrel, as Hurricane Humberto made landfall along the Texas coast and disrupted refining operations.
Oil prices rose amid expectations that a government report due later Thursday would show declines in crude and gasoline inventories.
Oil prices moved off their highs Thursday after the government reported a big rise in refining activity and a gain in the raw material for making heating fuel.
The price that your parents pay to fill up the family car is rising. Ever stop to think about what's behind the price at the pump? Here's a look at where the money goes when you buy a gallon of regular gasoline. (The percentages cited below, which are from the Energy Information Administration, may vary by month. This data is as of July 2007.)
Bonds were mostly flat Wednesday after reports showed weaker-than-expected home sales and slightly stronger inventories of crude, and a Federal Reserve report suggested inflationary pressures in the future.
Oil prices rallied above $75 a barrel Wednesday after the federal government said supplies, particularly those of gasoline, fell more than expected last week.
U.S. average pump costs broke back through the $3 a gallon mark last week, the second increase in as many weeks as refinery outages and soaring crude oil costs took their toll, the government said Monday.
Oil prices turned lower Wednesday after the government said supplies of crude rose far more than traders had expected.
The average price U.S. consumers pay to fill their vehicles' gasoline tanks dropped below $3 a gallon for the first time in eight weeks, the government said Monday.
Oil prices sank more than $1 Wednesday after a government report said supplies of crude and gasoline jumped more than Wall Street had expected.
U.S. retail gasoline prices fell for the fourth week in a row, dropping by a large 6.7 cents a gallon over the last week, the government said this week.
Gasoline prices hit a record high for the third straight day Tuesday, according to the daily reading on gas prices from AAA.
Citing nationwide refinery problems and strong demand, the government raised its projected price for gasoline Tuesday, saying a gallon of regular will now cost an average of $2.95 this summer.
Oil prices fell Wednesday after the government said growth in gasoline demand eased, refineries ramped up production and inventories were in line with estimates.
Oil prices jumped nearly 2 percent Wednesday after a report showed crude stocks fell further than expected in the latest week.
Oil prices fell Wednesday, remaining lower in the wake of tumbling stock markets, after the government reported supplies of crude oil and gasoline that were close to analysts' estimates.
Oil prices hit fresh 19-month lows Wednesday after the government said supplies of crude stocks sank, but distillates and gasoline inventories rose more than expected.
Oil prices held steady Wednesday after a government report showed supplies of crude oil posting a big but not unexpected drop and gasoline stocks making a healthy rebound.
Despite a drop of over $10 in the price of oil over the last few weeks to around $65 dollars a barrel, the government predicts crude will still average near $70 for the rest of 2006, according to a report released Tuesday.
Oil prices slid Wednesday after the government said gasoline and crude supplies posted a surprise increase. But futures were off their lows reached just before the report.
Oil prices closed higher Wednesday, near $75 a barrel, after teetering for much of the session following a government report that said supplies of crude oil were far below estimates.
Oil prices remained near their record high Thursday despite a government report showing an unexpected buildup in weekly gasoline supplies.
Stocks rose Thursday, boosted by tame economic reports and falling oil prices, a day after North Korean missile tests sparked big losses.
A rebound may be in the works for U.S. stocks Thursday as oil eased from its record high close above $75 a barrel.
Oil prices ended higher Wednesday after a government report said supplies of crude oil and gasoline fell more than expected.
Despite a recent rally bringing near-record highs in the stock market, Americans' confidence in the economy has dropped slightly since March, a new poll found Wednesday.
Oil prices rose Wednesday after a government report said that crude oil stocks declined last week, a surprise to industry observers.
Oil prices sink after a government report Wednesday said crude stocks swelled but the inventory of distillates, used for heating oil and diesel fuel, fell sharply.
Oil prices turned down Wednesday on a government report that showed both crude and gasoline inventories climbed last week.
Oil prices lost more than a dollar a barrel Wednesday after the government reported a surprise drop in crude inventories and a buildup in supplies of distillate used in heating.
Oil prices hovered just above $60 a barrel Thursday after the government reported that crude stockpiles rose and that the supply of distillates used for heating fell less than expected last week.
Oil prices held steady before climbing further above $58 a barrel Wednesday after the Energy Information Administration reported that crude stockpiles rose, but that the supply of distillates used for heating fell.
Oil prices ended just below $61 a barrel Wednesday after the Energy Information Administration reported that crude stockpiles rose, but the supply of distillates used for heating fell.
Maybe you grinned a little more last summer knowing your car was diesel-powered after seeing other drivers scowling over rising gas prices.
The good news may be that the bad news in today's winter heating fuel outlook could have been worse.
Dear Armchair Millionaire: Like a lot of people, I'm on a tight budget. The recent jump in the price of gas has hit me hard since I have a fairly long commute each day. How should I deal with this situation?
Oil prices gave up some early session gains Wednesday after a government report said crude oil stocks fell unexpectedly, while gasoline inventories surprisingly surged.
Oil prices surged to record highs Wednesday after an unexpected drop in gasoline stocks added to worries that a gathering Caribbean storm could knock out crude supplies to the United States.
Oil prices gained nearly $2 Wednesday to touch another record high in today's dollars, recovering from an earlier decline after a government report said crude supplies had climbed more than expected.
Oil prices slid Wednesday in the wake of a fuel inventory report that showed a smaller-than-expected drop in crude inventories, a sharp rise in gasoline stocks and a weaker-than-expected reading on distillate fuels.
Oil prices edged higher Wednesday as traders coped with a government report showing that crude inventories and gasoline stocks fell last week, but remained within the upper end of the average range for this time of year.
Crude oil supplies climbed for an eighth straight week, the government reported Wednesday, sending oil prices lower as the news eased traders' worries about dwindling supplies.
Oil prices bounced back from early losses Wednesday, after dipping below $53 a barrel following the Energy Information Administration's report on bigger-than-expected increases in crude inventories last week.
Brace yourself for a sharp increase in the cost of keeping your family warm. The Energy Information Administration projects that the bill for heating an average home with gas will rise 15% in 2005,...
U.S. crude oil supplies climbed for the ninth straight week, the government reported Wednesday, but came in well below estimates -- while inventories of fuel used for heating snapped a nine-week losing streak, easing winter fuel supply concerns.
U.S. crude oil supplies climbed for the eighth straight week, the government reported Wednesday, but came in well below estimates as heating fuel inventories dropped for the ninth week in a row.
U.S. oil inventories rose last week, the government reported Wednesday, but not by as much as analysts expected.
Oil prices continued to slide Wednesday and hovered around the $49 a barrel level after the government reported that crude supplies jumped by 6.3 million barrels last week.
The overall supply of crude oil in the United States rose by 4 million barrels, the government reported Wednesday, overshadowing a sharper-than-expected decline in the inventory of distillate fuel, used in heating oil.
The inventory of heating fuel dropped a wider-than-expected 1.9 million barrels last week, the government reported Wednesday, while the overall supply of crude oil in the United States rose by 1.2 million barrels.
The average price of a gallon of gas is likely to top $2 and could head for a record over the weekend, a newspaper report said Friday, as fuel prices rebound much faster than experts had predicted.
The supply of crude oil in the United States dropped by 9.1 million barrels last week, the government reported Wednesday, falling far more than experts had expected.
Gasoline prices continued to retreat from record highs Wednesday as the cost of crude briefly dipped below $40 a barrel before the start of the summer driving season, but prices at the pump may be on the way back up.
Going against the opinion of some oil analysts, the U.S. government's Energy Information Administration says that the Saudi offer to increase crude oil production "should lower prices."
Record gas prices are becoming a daily event, and there's an indication that there's no end in sight.
United States gasoline prices hit a record high for the third week in a row, rising 0.6 cents over the last week to $1.786 a gallon, the government said Monday.
The economy may sneeze but it won't catch a cold as a result of higher energy prices brought on by the recent cold snap, economists said Tuesday.
$190 Approximate gas cost of driving I-80 from New York City to San Francisco[1]
| Most Viewed | Most Emailed | Top Searches |
| Most Viewed | Most Emailed | Top Searches |
Video
