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By Barry Wood Washington 28 April 2006 President Bush Friday said that the tripling of the price of oil since he became president in 2001 is a wake-up call that should hasten the development of altern
China's Gasoline Prices Surpass Those in US Record oil profits is an election year issue in the United States. Every time gas goes up by a penny, these companies usually profit another $200 million in quarterly profits, said President Barack Obama. B
Worries Boost Gasoline Prices and Stir Up US Politics U.S. gasoline prices are rising to a level that angers many motorists. American Petroleum Institute chief economist John Felmy blames rising gasoline prices on rising demand for oil by major emerg
By Scott Stearns Washington 18 April 2006 President Bush President Bush says he is concerned about the affect rising gasoline prices will have on the U.S. economy. Some of the record increases come fr
Committee Chairman in both the Senate and House say they will begin investigations into a secret CIA counterterrorism program that the Bush administration did not disclose to Congress for nearly eight years. Former Vice President Dick Cheney alleged
By Scott Stearns White House 25 April 2006 President Bush President Bush is temporarily suspending environmental rules on gasoline and deferring purchases for the nation's strategic reserves in hopes
By Mil Arcega Washington 16 May 2008 Oil prices continued to break new records this week, trading briefly above $126per barrel on Monday. American consumers fear prices will go even higher as the summer driving season gets underway. Some say they are
Cutting Ethanol Subsidy Might Not Impact Food Prices With the U.S. ethanol industry consuming about a quarter of the nations maize crop, many have blamed biofuels for rising food prices in recent years. The new year brought the end to a $6-billion su
US Motorists Fume, Politicians Bicker Over High Fuel Prices During the past month, gasoline prices have risen 20 percent or more in some parts of the country, draining drivers wallets as they fill up their gas tanks. It is very disturbing. It is very
U.S. Gasoline Use Hits A Record, But That May Not Last play pause stop mute unmute max volume 00:0003:17repeat repeat off Update Required To play the media you will need to either update your browser to a recent version or update your Flash plugin. A
Residents of southern California are trying to get used to skyrocketing prices for gasoline. The average price for 87 octane economy gas is $2.22, almost 30 percent higher today than it was 12 months ago. The lowest gas price in the Southland right n
China saw its biggest gasoline and diesel price increase in the past four years, driven up by the output cut by OPEC and other producers. 受到石油输出国组织和其他产油国减产的影响,我国汽、柴油价格迎来4年来最大涨幅。
By Mil Arcega Washington, D.C. 26 February 2008 Gasoline prices in the U.S. are at a seven-month high after oil prices spiked above $100 a barrel last week. The latest survey shows the national average for gasoline is now about four cents higher per
BEIJING, Feb. 7 (Xinhua) -- China will raise the retail prices for gasoline and diesel by 300 yuan (47.53 U.S. dollars) per tonne starting Feb. 8, the country's top economic planner said Tuesday. The benchmark retail price of gasoline will be lifted
U.S. economic growth slowed in the first three months of this year, as energy prices rose and state and local government spending fell. But many experts expect growth to recover later this year. The U.S. Commerce Department said Thursday that the U.S
NEW YORK, Sept. 29 (Xinhua) -- Crude prices jumped on Wednesday as U.S. crude inventories fell last week. Commercial crude(原油 ) inventories decreased by 500,000 barrels to 357.9 million barrels, according to the Energy Information Administrat
As Americans worry about rising gasoline prices, President Barack Obama is defending his energy policy. The president went on the road Thursday to answer Republican election-year criticism that he is not doing enough to solve the problem. Higher pric
BEIJING, Aug. 9 (Xinhua) -- China will raise the retail prices of gasoline by 390 yuan (62 U.S. dollars) per tonne and diesel by 370 yuan per tonne starting Friday, the country's top economic planner said Thursday. The move, which followed three cons
U.S. motorists have long had an infatuation with cars and the freedom to travel far and wide on the countrys open highways. But now drivers are getting squeezed by higher prices at the gas pumps. American gas prices are still low compared to those in
U.S. retail spending increased at a solid pace in March, an indication that consumer confidence is growing even as gasoline prices remain high. Consumer spending drives about 70 percent of the U.S. economy, the world's largest. The government said Mo