oil

  • July 15, 2011    

    Larry Bessler purchases gasoline at a Shell station in Chicago, Illinois. Photo by Scott Olson/Getty Images. Name: Stephen Sohasky Jr. Question: Adjusted for inflation, I believe gasoline should be about $4.53 per gallon. The local news stations are making a … Continue reading

  • July 8, 2011  

    In Montana, contractors have been working 12 hours a day to soak up what they can of the estimated 42,000 gallons of crude oil that escaped into the Yellowstone River from a broken ExxonMobil pipeline. Correspondent Tom Bearden reports from Laurel, Mont., on the cleanup effort and health concerns for humans and wildlife. Continue reading

  • July 5, 2011  

    Three days after an ExxonMobil pipeline ruptured on the Yellowstone River, spewing 42,000 gallons of crude oil, crews are still scrambling to contain the spill but rising water levels blocked efforts to reach some of the soiled shoreline. Jeffrey Brown discusses the scope of the damage with Montana Gov. Brian Schweitzer. Continue reading

  • June 28, 2011  

    In less than two weeks, Southern Sudan is due to become the world’s newest nation, formally seceding from the North. The rival regions signed a peace agreement in 2005 to end a long civil war that killed 2 million people, but violence has erupted again. Margaret Warner reports. Continue reading

  • June 23, 2011  

    In other news Thursday, Afghanistan faces a possible constitutional crisis after a special court ruled that 62 members of Parliament were elected by fraud. The tribunal threw out the results in a quarter of last year’s parliamentary races. Also, four bombs exploded across Baghdad killing at least 40 and wounding more than 80. Continue reading

  • June 15, 2011    

    NewsHour correspondent Tom Bearden reports Wednesday on a community in Colorado that was once the site of large-scale oil drilling operations. Now, it is filled with gas-producing wells in another kind of energy boom. Continue reading

  • June 9, 2011  

    What does the dissent within the ranks of the oil-producing nations in OPEC mean for oil prices in the U.S.? Margaret Warner discusses the turmoil at OPEC summit this week with Ed Crooks of The Financial Times. Continue reading

  • May 24, 2011    

    Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here’s Tuesday’s query: Name: William Bair Question: What, if anything, is be done on the rise of oil? … Continue reading

  • May 24, 2011    

    Name: William Bair Question: What, if anything, is be done on the rise of oil? For me, I ride a bicycle for six months and go to Guatemala for three which leaves three months for gasoline use.

  • May 12, 2011  

    Lawmakers targeted the oil industry’s tax breaks and profits in budget debates Thursday. Judy Woodruff discusses the debate over tax breaks for oil production and other rules with The Energy Program at Public Citizen’s Tyson Slocum and The American Petroleum Institute’s Brian Johnson. Continue reading