Gas Prices
Sanctions may have cut Iran's oil exports by a million barrels a day. Yet the country is still producing oil at full tilt, as cutting back is complicated and potentially harmful.
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Obama administration outlines plans for more Arctic oil drilling, but says new leases won't be granted until 2016 to allow more time for studies.
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With gas prices down
about 40 cents a gallon since early April, stimulus is coming in the
form of more dollars in consumers' wallets to help counter economic
headwinds. More
Ridership on the nation's buses and trains has its one of
its biggest quarterly jumps ever, as high gas prices and a rebounding
economy entice commuters to mass transit. More
With jet fuel prices
near record highs, airlines are cutting routes, replacing aircraft and
going high-tech to save money. More
While prices are
off 2012 peak, they're still higher than normal, and are unlikely to
drop further. More
Quiet Kansas farm towns are
quickly transforming into boomtowns as new technologies make drilling
along the southern border of the state more attractive. More
Many analysts think Iran could
double its oil output to nearly 7 million barrels per day. The catch is
lifting sanctions. More
Gas
prices have been steadily falling in most of the nation, but West Coast
drivers are still paying top dollar at the pump. More
At least a
dozen new pipeline projects are slated to carry oil from the mid
continent to the Gulf Coast, potentially lowering gas prices but coming
with an environmental toll. More
The country is
awash in natural gas, but diesel prices are near all-time highs. It's
possible to make one from the other. More
