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Tag Archives: crude oil

U.S. overflowing with crude oil (access required)

The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months. For the past seven weeks, the United States has been ...

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Summertime blues for drivers: Gas at August record

You may pay more than ever for a late-summer drive. U.S. drivers paid an average of $3.72 per gallon on Monday. That’s the highest price ever on this date, according to auto club AAA, a shade above the $3.717 average ...

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Oil hovers near $90 amid Europe action hopes

The price of oil hovered near $90 a barrel on Monday, holding onto most of the previous week’s gains, as expectations remain elevated that the European Central Bank would act to prevent Spain’s financial woes from deepening. By early afternoon ...

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