With oil prices soaring on the region’s turmoil, alternative energy such as wind is again gaining attention. But wind technology hasn’t been standing still: Its power output worldwide jumped by 22% last year. However, it’s stil…
As pump prices shoot higher each day, signs of motorists rationing gas purchases have begun springing up around the country. People are buying fewer gallons per fill up and paying more in cash than with credit. Clearly, motoris…
You probably have heard that the U.S. is the world’s largest consumer of oil. But did you know that we’re also the third-largest producer of oil? And yes, the U.S. imports more than half its oil. But our two biggest suppliers a…
Unrest across the Middle East is pushing high oil prices higher, and that’s having a cascade effect that feels a lot like inflation as these higher prices bubble through the economy. Still, that’s not enough reason for the Fed …
The market suffered its biggest swoon since August last week as chaos swept Libya and oil prices hit multiyear highs. With the geopolitical landscape uncertain for the foreseeable future, don’t be surprised if stocks come under…