Sky-high oil and gas prices risk tipping the U.S. economy back into recession. But Washington isn’t powerless when it comes to oil prices: Here are five things that the federal and state governments can do that would quickly re…
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…
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 …