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U.S. government data has revealed the country's drivers reduced U.S. per-motorist mileage by 0.4 percent in 2005. With motorists facing record gasoline prices, the year saw the first decrease for the mileage statistic since it began rising in 1980, the Lo
President George Bush wants to cut U.S. reliance on foreign oil but experts see too many political and other hurdles in meeting the president's goals.
The long anticipated rise in interest rates may be coming to an early and abrupt end as the specter of a sustained $50 per barrel oil price could lead to a slow
U.S. and British economists met in Tripoli with the Libyan counterparts to discuss options for the country's economy, a Massachusetts company reports.
Leaders of OPEC, which sets world crude oil prices, are trying to talk down recent price volatility.
Global oil traders spent Monday mulling the weekend terror attack on oil workers in Khobar in eastern Saudi Arabia, the New York Times reported.
Can a discipline that's been called the "dismal science" be the subject of a six-hour TV documentary that will glue you to your set and keep you coming back episode after episode? Surprisingly, yes.
The liberating of Iraq's oil won't free up world oil markets and reduce prices, according to Daniel Yergin, chairman of Cambridge Energy Research Associates.
UNITED PRESS INTERNATIONAL
UNITED PRESS INTERNATIONAL