Oil

With Americans reeling from skyrocketing gas prices, the last thing Congress wants to do is raise the gas tax. But as Jeremy Hobson reports, lawmakers are facing that very unpopular decision.

Iraqi Prime Minister Nouri al-Maliki is looking for outside oil companies to aid in tapping Iraq's oil. Now the foreign firms have to decide if the reward is worth the risk. Dan Grech reports.

The Senate is expected to vote on a bill to curb energy market speculation, but Wall Street analysts fear the measure might be too aggressive. Sam Eaton reports from the Marketplace Sustainability Desk.

Texas billionaire T. Boone Pickens is helping to spur the renewable energy revolution our country and the world need....

Host Kai Ryssdal, who's been talking to experts about oil this week, speaks today with oil analyst Ruchir Kadakia about OPEC's standing in the oil world these days.

Not long ago we wouldn't have seen the news of oil closing just below $130 a barrel as a good thing for our pocketbooks. But here it is from the AP...

Experts use complicated formulas to predict the future price of oil. But commentator Justin Wolfers says he's got a simple do-it-yourself method that works even better.

You may not hear a lot about it, but Russia is second only to Saudi Arabia in oil production. And, as Russia analyst Nicholas Redman tells Kai Ryssdal, it may have a greater potential for growth.

High oil prices are driving up demand for natural gas, meaning some customers could be spending as much as 40 percent more to heat their homes this winter. Mitchell Hartman reports.

The House is pursuing legislation that would push oil companies to drill on land they own but haven't tapped yet, before purchasing any new oil leases. Sam Eaton reports.