Oil

Oil is an especially volatile commodity this year. First it soared to record prices, now it's going the other way. Host Kai Ryssdal asks an oil expert to help sort this out. You might be surprised by this expert's prediction.

The July Consumer Price Index rose more than expected, as the average weekly earnings fell in the same month. But how does that mesh with plummeting home prices? Mitchell Hartman reports.

A group of Senate moderates are in agreement about a proposal that would allow some offshore drilling. John Dimsdale has details on the compromise plan and talked with a few experts about it.

How will the war in Georgia affect Europe, which gets 25 percent of its oil from Russia? Host Kai Ryssdal turns to a European and Eurasian expert to find out.

Heavy fighting in Georgia could do damage to a crucial oil pipeline supplying Western Europe. Scott Jagow talks to Stephen Beard about why the pipeline is important and why it's so vulnerable.

Oil may be down at the moment, but in a study out today, a British energy expert is warning crude oil prices could swoop back up to recent highs. Stephen Beard reports the world could be facing an oil crisis very soon.

You would think that as gas prices continue to climb, gas station owners would be raking it in. But times are just as tough on the side managing the pump. Alisa Roth reports many station owners are just getting by.

Rising costs have driven Archer Daniels Midland, the world's largest grain processor, to plan a move away from corn as the primary component in its ethanol production. Dan Grech reports.

The price of oil may change on the Energy Department's reserve report this morning. But Nancy Marshall Genzer explains how heating oil prices differ from gas and the potential purchasing risks in hurricane season.