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Energy Source with Sharon Epperson

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  Thursday, 31 Jan 2008 | 8:41 AM ET

Speed Cameras: Say "Cheese" As You Pass The Next Stop Light

Posted By: Philip LeBeau
Got a lead foot? Well here's something that will make you slow down: Speed Cameras. Yes, the cameras we will see at an increasing number of intersections around the country that will catch us ripping through areas 10, 15, 20 miles over the speed limit. Seems this is one picture we'd all rather not be in. »Read more
  Wednesday, 30 Jan 2008 | 2:35 PM ET

Rising Gas Prices: Will They Change What We Drive?

Posted By: Philip LeBeau
This afternoon, a new survey of car buyers is hammering home a point I've heard about, and blogged about, many times in the past: When gas prices hit a certain level people will turn away from big trucks and SUV's and migrate into hybrids and smaller, more fuel efficient vehicles. »Read more
  Tuesday, 29 Jan 2008 | 9:02 AM ET

OPEC: Laughing All The Way To A Production Cut?

Posted By: Melissa Francis
OPEC meets at the end of the week and you have to assume they will get together and have a good laugh. Americans are drowning in sub prime slime, a single French trader made $7.2 billion disappear, and all the while OPEC members are wallpapering their palaces with dollars. »Read more
  Monday, 28 Jan 2008 | 11:49 AM ET

Retail Gas Prices Keep Falling And Falling And Falling...

Posted By: Sharon Epperson
Relief is coming. My colleague Melissa Francis warned you two weeks ago that if you were paying $3.10 a gallon (the national average at the time), it was likely "the most expensive drop" of gasoline you’d buy for awhile. So far she’s been right. Retail gasoline prices have finally fallen below $3 a gallon on average for regular unleaded, according to AAA. »Read more
  Tuesday, 22 Jan 2008 | 12:40 PM ET

Oil Still Has Worries: Slowdown In Demand

Posted By: Sharon Epperson
It’s easy to see why oil prices saw a dramatic plunge to nearly $86 a barrel overnight as equities slumped around the globe. A major player was absent and that’s why traders here at the NYMEX say the reaction in the oil market, with the U.S. market closed yesterday for the Martin Luther King Jr. holiday, may have been overdone. »Read more
  Friday, 18 Jan 2008 | 2:13 PM ET

Oil: Is The Price On A Downward Trend?

Posted By: Sharon Epperson
If you're worried about losing your job, being able to afford your mortgage or paying your heating bill, you're likely to ease up on the money you spend on energy--whether its filling up the gas tank less often or putting on more sweaters in your house. »Read more
  Tuesday, 15 Jan 2008 | 4:04 PM ET

Oil Prices: Fill Your Car Now Before They Go Up--Even More

Posted By: Melissa Francis
As crude hit $100 a barrel, I thought about slapping a “For Sale” sign on my car rather than taking one more painful trip to the gas station. I hear wonderful things about public transportation. Meeting new people, smelling new smells. »Read more
  Thursday, 10 Jan 2008 | 1:58 PM ET

Nigerian Attacks: Is Oil Market "Immune" From Chaos?

Posted By: Sharon Epperson
Nigeria’s main militant group, the Movement for the Emancipation of the Niger Delta, reportedly fired on six oil industry ships today and threatened an attack that will cause an “economic tsunami” in the world’s oil market. »Read more
  Thursday, 10 Jan 2008 | 1:39 PM ET

U.S. Slowdown Putting Breaks On Next $100 A Barrel Trade?

Posted By: Melissa Francis
Traders are looking at the latest retail sales figures and thinking twice about snapping up crude. According to Thompson Financials combined retail index, November and December sales stalled to 2004 level. »Read more
  Thursday, 10 Jan 2008 | 1:18 PM ET

Shell's Hofmeister: "We Need To Increase Oil Supply"

Posted By: Sharon Epperson
Royal Dutch Shell execs have been talking about the impact of high oil prices on future energy projects--but the company continues to press on with plans despite headwinds facing the sector. “Increasing supply is best way to affect the price,” says Shell Oil President John Hofmeister. »Read more

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