As the crisis in Libya continues to shake world oil markets, many voices are calling for President Obama to tap into the Strategic Petroleum Reserve. With gasoline prices up 33 cents a gallon in the last month, that’s a temptin…
Winter in the Northeast was particularly brutal this year, but not enough to account for the likely record prices. Blame crude oil’s recent price jump for that. But the chills could become even worse if Obama’s proposed cut in …
It may be the happiest season of the year, but higher crude oil prices that have translated into higher gasoline prices have many motorists frowning. The weak U.S. dollar and expectations of a more robust economic recovery in t…