6 days ago
A surge of oil from four countries—Norway, Guyana, Canada and Brazil—will more than compensate for slowing growth of U.S. oil production. The new sources might cause oil prices to dip to $50 a barrel and slow the transition to electric vehicles.
March 4, 2019, 10am PST
Urban economist Joe Cortright examines the connection between gas prices and driving in the U.S. over the last two decades. Prices matter: increased gas prices results in decreased driving, providing the prices persist for the long-term.
January 6, 2018, 1pm PST
The current U.S. record is 10 million barrels per day set in 1970. Last year averaged 9.2 million b/d. Experts believe that record will be reached this spring, if it hasn't already. Can Trump claim credit for the surging production?
February 15, 2016, 1pm PST
As oil prices dip to around $30 a barrel, fears are setting in that North Dakota's oil fields have been overdeveloped. If the current boom goes bust, these towns might find themselves nearly empty.
February 8, 2016, 7am PST
With the two Democrat candidates debating who is the real progressive, it would be interesting to see how they would respond, if asked, about President Obama's proposed $10-per-barrel fee to fund a 21st Century Clean Transportation System.
January 14, 2016, 12pm PST
Oil prices are now at a 12-year low. Prices have been very consistent this year: they have dropped every day. As they slide to going below $30 a barrel, service stations could be selling gasoline at $1 per gallon, a price not seen since 1999.
December 30, 2015, 5am PST
The world's third cheapest gasoline will increase by 40 percent in order to deal with a record budget deficit of $98 billion this year. Plummeting oil prices have forced the world's largest oil exporter, Saudi Arabia, to reduce energy subsidies.
October 6, 2015, 1pm PDT
What will it take for the electric car to become practical and economically feasible for the masses?
March 13, 2015, 11am PDT
While many California were protesting oil trains carrying the hazardous Bakken crude, a funny thing happened—they stopped coming. While protests may have delayed the construction of new oil terminals, economics is at the root of the slowdown.
February 5, 2015, 1pm PST
Just as plummeting oil prices have caused state and federal political leaders to consider raising gas taxes, leaders in developing nations, both oil producers and consumers, are considering reductions in national energy subsidies.
December 29, 2014, 5am PST
While U.S. motorists are enjoying the cheapest gas prices in five years, domestic oil producers are suffering, though not as badly as oil-exporting nations like Iran, Russia, and Venezuela. How are Texas, Louisiana, North Dakota, and Alaska faring?
December 19, 2014, 8am PST
The high cost of drilling for oil in the Arctic, combined with the lowest oil prices in five years, have caused Chevron Corp. to drop their test well drilling program in Canada's Beaufort Sea.
December 10, 2014, 8am PST
Oil prices are at a five-year low with gasoline prices averaging $2.67 a gallon, lowest since February 2010. Furthermore, they are expected to drop another 17 cents to $2.50 a gallon in time for Christmas, so why not raise the gas tax by a nickel?
December 2, 2014, 12pm PST
American motorists are enjoying the lowest gasoline prices in five years because OPEC chose not to reduce oil output in the hopes that decreased oil prices will be lower than the cost needed to frack oil from shale.
November 15, 2014, 1pm PST
It's not a foregone conclusion that President Obama would veto a bill expected in the Senate next week to allow the construction of the Keystone XL pipeline. But if it were to pass and Obama signs it, would it be built? CNBC investigates.
October 16, 2014, 10am PDT
The worthy foe is not environmental regulations nor the the government or public demanding fracking moratoriums and bans. It is the falling global price of oil. Two radio reports explore how the global glut of oil affects U.S. shale oil production.
January 4, 2014, 7am PST
Gas prices will drop due to surging U.S. oil production according to an U.S. Energy Dept. report. Another report from the International Energy Agency points to surging carbon dioxide emissions, not from oil but from coal burning, largely from China.
The New York Times - Energy & Environment
July 22, 2013, 8am PDT
So much for the economic laws of supply and demand or "drilling our way" to cheap gas prices. It's not that simple when it comes to oil. Dan Strumpf explains what's behind the latest surge in oil prices. Oil markets and infrastructure play key roles.
March 20, 2012, 5am PDT
New York Times economics writer and Nobel laureate Paul Krugman analyzes two major reasons for increasing oil drilling - reducing unemployment and lowering gas prices, and describes why it does neither.
The New York Times - The Opinion Pages
June 21, 2011, 5am PDT
Gas prices have been dropping for a month. According to the chief oil analyst with the Oil Price Information Service in this radio interview, expect prices to continue dropping to as low as $3.25 a gallon, but don't expect lower than $3.00.
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