Fears are growing that rising gasoline prices could stifle economic recovery. Those rising gasoline prices are becoming a subject of hot political debate in a presidential election year. Geopolitics is behind the rising prices, most noticeably due to the increasing tensions over Iran’s nuclear program.
"There's nothing inevitable about it," one economist says about the widespread predictions about $5 gas. "To a large extent it depends on what happens in the Middle East."
Improving oil demand is driving prices more than any cutback in supply from Iran, according to Jeff Currie, Goldman Sachs head of commodities research.
The shale gas energy industry needs to put in place better practices and reporting about "fracking" before public concerns delay or even stop use of the technology that has created a boom in U.S. natural gas production, according to the MIT professor who led President Obama's subcommittee on shale gas.
Why are drivers in Fort Collins, Colorado paying a little over $3, while those in Santa Barbara, California are seeing gas prices at $4.33 a gallon?
Pending sanctions against Iran are designed to cause swifter economic pain than past penalties, and Iran is ramping up rhetoric in response.
Natural-gas futures hit a fresh 10-year low Thursday and will likely decline further as the latest supply data confirms an abundance of U.S. gas supplies amid new predictions for a warm winter.
Daniel Yergin shared his thoughts with CNBC on some of the hot topics in the energy world. Yergin is the author of the new best-seller "The Quest: Energy Security and the Remaking of the Modern World," the successor to his Pulitzer Prize winning book, "The Prize."
CERAWeek brings together leaders from around the world to discuss energy, security and the future of economic growth.
A look at what it takes to drill for Texas oil.
In a domestic energy market developing faster than just about anyone can remember, the key is in finding an edge.
The environmental impact of "fracking," the drilling technology largely responsible for America's boom in energy production, is hotly contested.
U.S. oil ended a fifth consecutive week of losses, hit by supply glut fears.
China is letting U.S. firms play a bigger role in the industry in exchange for their U.S. expertise, says Oilprice.com.
On the supply side, lower gas prices has the same impact as a tax cut, says Michael Darda, MKM Partners chief economist.