The One Time it's Good to Be Crude
Gasoline prices have fallen sharply in recent weeks and are now about 23 cents a gallon below an all-time record high set in May. But crude oil prices steamed their way to a 10-month high on Monday.
Oil
Venezuela Says "Adios" to Most Foreign Investment, Making it a Stay-Away Play for Investors
By unilaterally stripping away the Venezuelan oil holdings of both Exxon Mobil Corp. and ConocoPhillips, Venezuela President Hugo Chavez has essentially bid adios to future investments by foreign corporations.
Alternative Energy: How Oil's Unpredictability Is Driving Investment In Renewable Fuel Sources
Investors had feared that the Nigerian Oil Strike would be a long work outage, causing overblown oil prices instead of spiking energy prices.