Stories tagged "oil"

How far can it fall? People have been anxiously wondering as they watch the plunging stock market. But increasingly the same question is being asked about another crucial figure: the price of oil.

Gold, silver and platinum were pressured lower Friday, but ended higher for the week in London. London silver, gold and platinum prices climbed 4 percent, 7.7 percent, and 4.4 percent, respectively. The Dow and S&P sank just over 18 percent, while the...

Gas prices have dropped too but, at a slower rate.

A global recession where people can’t afford to use resources is not a solution. At some point in time, the global economy will recover and demand for oil will rise again, as will the profits of petro-states. As this is a certainty, we need to take th

Most people cannot afford to fill their cars each week without experiencing some type of budgetary stress, and so many people are asking the government to invest more money into alternative energy research in order to reduce our dependence on foreign oil

This weekend the Ethanol Promotion and Information Council (EPIC) along with 7 other companies including Exxon will kick off Music is our Oil (MIO) in Philadelphia. America's greatest hip-hop and rock artists will be sent aboard to barter their musical...

OPEC said Thursday it will hold an extraordinary meeting Nov. 18 to discuss how the widening global financial crisis is affecting oil prices, a move that could lead to a coordinated production cut in a bid to halt crude's steep losses.

"Concerns that weak economy could drive demand lower has analysts forecasting even lower prices."

As Oil price slides towards $85 a barrel, almost half the members of the OPEC oil cartel are considering an emergency meeting in Vienna next month as oil prices dropped to their lowest level in nearly a year.

Ready to make your own gas alternative? These products can give you a start—but energy independence won’t come cheaply.