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Oil and Gas

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  • Welcome to the Street's favorite parlor game: blame some shadowy force for the rise in oil. Never mind that there is 85 million barrels of oil produced a day, and scant supply anywhere. There has to be something more than a global supply/demand imbalance at work here.

  • Just how much more, is a bit less encouraging. As percentage rise increases, those willing to pay more declines. Only 5 percent said they would be willing to pay 15 percent or more. And a full 34 percent said they were opposed to any increase at all.

  • MINI Is Maxing Out On Small Car Craze Tuesday, 27 May 2008 | 9:40 AM ET
    2008 Mini Cooper hardtop

    It's MINI that may be best positioned right now. WIth sales up 29.9% this year, The MINI Cooper and Clubman are compact cars with the unique combination of style and fuel efficiency in a tight little package.

  • Oil prices will continue to roil the stock market this week as the summer driving season officially kicks off and as more companies feel the pinch of higher energy prices on their profit margins.

  • The Latest Picks That Paid – Friday May 23rd Friday, 23 May 2008 | 7:02 PM ET
    Quicker Ticker

    Our traders are good - but you knew that! Check out their latest picks that paid.

  • Oil Spikes 5% On Week Friday, 23 May 2008 | 6:14 PM ET

    Oil rose on Friday due to the weak U.S. dollar and ongoing long-term supply concerns. What's the "Word on the Street?"

  • Market Insider: The Week Ahead Friday, 23 May 2008 | 6:11 PM ET

    Oil's rapid rise threatens to ignite a selling storm in the stock market unless crude prices cool down.

  • Oil Prices Snag Stocks' Two-Month Rally Friday, 23 May 2008 | 5:20 PM ET

    Oil's relentless ascent finally pushed stocks over the edge, abruptly snapping the market's two-month rally.  The Dow dropped 3.9% for the week, dragged down by GM's 15% decline. Crude jumped $6 this week, settling at $132.19 a barrel. All U.S. financial markets are closed Monday.

  • For the week ending Friday, May 23, 2008, the U.S. Equity Markets ended the week down with all of the major indices off by more than 3% on continued concerns about high energy costs.  Oil and gasoline continued to hit new record highs and the dollar declined against major currencies.

  • The equity markes were all down well over 3% for the week as soaring oil prices dominated the market.

  • Drilling For Answers Friday, 23 May 2008 | 3:50 PM ET

    We all complain about the surging prices at the gas pump and eventually it's got to turn, but when?

  • Get Your Portfolio In Shape For a Long, Hot Summer Friday, 23 May 2008 | 3:44 PM ET

    Skyrocketing oil prices, the threat of recession and  continued  housing slump are all pointing to a rough summer for the markets. Still, there are opportunities for investors.

  • Dow Down Nearly 4% for Week as GM Drags Friday, 23 May 2008 | 3:21 PM ET

    Stocks declined as a slightly-better-than-expected report on U.S. home sales offered a brief reprieve but proved no match for relentless oil prices.  The Dow Jones Industrial Average and Nasdaq were on track to record their worst weekly percentage declines since mid-February.

  • Europe Preview: Facing Up to the Energy Crisis Friday, 23 May 2008 | 3:06 PM ET
    Oil Pipeline in Germany

    This much is clear: European nation states are focusing on different ways of securing energy supplies for the long-term through a mix of politics and innovation.

  • Stocks Set for Worst Week Since February Friday, 23 May 2008 | 2:40 PM ET

    Stocks pared some losses after a slightly better-than-expected report on U.S. home sales. Oil climbed above $133 a barrel.

  • GM's Stock Sell-Off And Why It's Happening Friday, 23 May 2008 | 2:31 PM ET
    GM logo, General Motors logo

    Depending on where things end up Friday GM shares go into the weekend at roughly $17.50 a share. dropping roughly 4% on Friday. It's nothing short of a horrendous end to a very tough week for General Motor's shareholders.

  • Oil's Surge Causing Major Changes in US Economy Friday, 23 May 2008 | 1:17 PM ET

    Oil's rally is causing a dramatic shift in the U.S. economy as households and companies rethink business as usual. The changes are likely to last  even if energy prices retreat.

  • Ron from South Carolina writes, "Anyone who saw the Senate Hearings could only conclude that we are doomed by Congress..." Also tells us if you think the politicians grasp the problem!

  • A truck enters a BP chemical plant near Hitchcock, Texas

    But for its renewables commitment BP really deserves due credit, as does its earnest engagement in shaping what they acknowledge is a ‘carbon-constrained world.’ That's a phrase this reporter first heard more than three years ago from Jim Rogers...

  • Oil Clamps Down on Stocks; BUD Pops Friday, 23 May 2008 | 12:09 PM ET

    Stocks pared some losses after a slightly better-than-expected report on U.S. home sales. Oil climbed above $133 a barrel.

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