And that means it may be time for owners of gas-thirsty SUVs and cars to start considering the switch so many Americans are loath to make: to a far more fuel-efficient vehicle. Looking out over the next several years, it’s hard…
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…
Egypt’s famed antiquities and tourism sites are reopening following the political unrest there. But heeding warnings from Washington, many American travelers are steering clear of the region for now — disrupting the tourism in…
What might happen to the price of oil and how will this affect U.S. economic growth? Here are three possible scenarios.
Continue reading What Do Rising Oil Prices Mean for U.S. Economic Growth?
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Americans could see gasoline spiking 10% to 18% higher in coming weeks as a result of the unrest in the Middle East, but they’re unlikely to rocket as high as some are predicting — unless the uprisings spread to Saudi Arabia. …