In the first in a series of NewsHour interviews on oil’s standing in the rapidly changing world economy, author Vijay Vaitheeswaran discusses the causes and effects of the recent rise in oil prices and how energy technologies will impact future business practices. Continue reading
As the value of the dollar falls, the price of imported oil rises, which impacts costs from the gas pump to the grocery store. A reporter from the Wall Street Journal examines the current state of oil prices. Continue reading
- My understanding is that it takes .75 gallons of fuel to make one gallon of ethanol. If this is true, why is this fuel source so widely acclaimed as a great idea?
Question/Comment: There are two issues I’d like to see you tackle that I have not seen anyone in the media deal with. The first has to do with the sensibility of ethanol as a renewable fuel source. My understanding is … Continue reading
NewsHour guest essayist Allen Morris Jones talks about a symbol of rural America, the pickup truck. Continue reading
A Labor Department report released Wednesday shows an increase in consumer prices due to significant raises in energy and gas costs, prompting concerns that the Federal Reserve will again raise interest rates to fight inflation. Continue reading
Oil prices have risen nearly 50 percent in the last year raising questions about oil company profits and who benefits from higher prices at the pump. ConocoPhillips CEO James Mulva discusses his company’s revenues and reinvesting in energy production. Continue reading
Bolivian President Evo Morales sent troops to gas fields on Monday after nationalizing the gas and oil industries. The European Union warned the move could put additional pressure on energy markets. Two policy researchers discuss the reasons behind the decree and Bolivia’s future. Continue reading