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Americans Starting to Cut Back on Driving as Gas Prices Rise

Apr 11th 2011 – 2:47PM
Paul Sakuma, AP

Paul Sakuma, AP

NEW YORK -- With the price of gas above $3.50 a gallon in all but one state, there are signs that Americans are cutting back on driving, reversing a steady increase in demand for fuel as the economy improves. For five consecutive weeks, Americans have bought less gas than they did a year earlier, according to MasterCard...

Libyan Rebel Leader Says NATO Isn't Doing Enough

Apr 5th 2011 – 5:56PM
Altaf Qadri, AP

Altaf Qadri, AP

BENGHAZI, Libya -- A rebel military leader lashed out at NATO Tuesday, saying it was falling short in its mission to protect Libyan civilians. The alliance said ruler Moammar Gadhafi's forces position heavy weapons in populated areas, preventing some airstrikes. Abdel-Fattah Younis, chief of staff for the rebel military...

Opinion: End Obama's Policy of Higher Gas Prices

Mar 9th 2011 – 5:00AM
AFP / Getty Images

AFP / Getty Images

Gas prices are dangerously close to doubling since President Barack Obama was inaugurated. As American drivers and small-business owners feel the pain at the pump, he should reverse course and stop punishing consumers to promote a "green" agenda. Yes, the events in Egypt and Libya have affected global oil prices. But we...

Opinion: Why Aren't Environmentalists Cheering Higher Gas Prices?

By John MerlineMar 9th 2011 – 5:00AM
AP

AP

As gasoline prices continue to rise faster than station owners can update their signs, so too have calls to do something about the problem. Some Democrats are calling on President Barack Obama to uncork the Strategic Petroleum Reserve to help ameliorate the pain at the pump. Republicans are renewing calls for more domestic...

Background on oil

An oil is any substance that is liquid at ambient temperatures and does not mix with water but may mix with other oils and organic solvents.

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