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.
In his continuing series of interviews on oil prices, host Kai Ryssdal talks with Fareed Mohamedi of PFC Energy about how Nigeria's production of about 2 million barrels of crude a day affects what we pay at the gas pump.
Militant groups are walking away with thousands of barrels oil a day in Nigeria and Britain is offering to help the government take on the thieves. Stephen Beard reports.
With oil prices hovering near all-time highs, energy companies and Congress are taking another look at the potential of nuclear power. Janet Babin reports.
Taking another look at the oil industry's affect on price hikes, host Kai Ryssdal discusses the problems President Hugo Chavez has caused for Venezuela's once impressive oil companies.
Twenty-nine years ago today, President Jimmy Carter told Americans that the energy crisis was "a clear and present danger to our nation" and drew out a plan to address it. Sustainability reporter Sam Eaton asks what happened.
Rubbermaid, the company that makes those see-through food containers you can never find the lids for, is going to phase out some products and raise prices on others. Ashley Milne-Tyte reports on the cost-saving measures.