Nov 18th, 2008 · Somali pirates have hijacked a supertanker loaded with crude hundreds of miles off the coast of East Africa. The Saudi ship is the largest vessel pirates have seized that far from shore. The hijacking occurred despite the fact that foreign navies patrol the region.
Oct 30th, 2008 · Lively, naughty and crude, it's exactly the film you'd expect from Kevin Smith. Maybe too much so: The director's sentimental passions (and his frat-boy urges) have congealed into schtick.
Oct 24th, 2008 · Oil ministers at an emergency OPEC meeting Friday in Vienna decided to cut output by 1.5 million barrels a day beginning next month. It's an attempt to stem plunging prices for crude.
Oct 7th, 2008 · The price of crude oil has fallen nearly $60 a barrel since July, which is good news for consumers says Paul Taylor, economist at the National Automobile Dealers Association. We examine what this means for the economy.
Sep 16th, 2008 · Oil prices are continuing to fall, tumbling below $92 per barrel. Crude has fallen $55 since July 11 when it cost $147 to buy a barrel of oil. Daniel Yergin, author of The Prize: The Quest for Oil, Money and Power and chairman of Cambridge Energy Research Associates, offers his insight.
Sep 12th, 2008 · Hurricane Ike is storming toward the Gulf Coast of Texas home to a quarter of the nation's oil refining capacity. As refineries shut down in anticipation of the storm, wholesale gasoline prices have shot up, despite crude oil prices falling to their lowest level in more than five months.
Aug 26th, 2008 · As production of crude oil falls in Mexico, debate continues on the issue of privatization of the oil monopoly. Without radical reform, Mexico could run out of oil in less than a decade.
Aug 22nd, 2008 · Los Angeles is well-known as a center for motion pictures, but for decades it's also been a reliable producer of oil. Now that the price of crude is beyond $100 a barrel, it is cost-effective to start drilling in Los Angeles again. But some residents near the proposed new wells aren't happy.