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Gasoline and diesel usage and pricing

Ghana has been producing commercial oil since 2010.

As global oil prices surge, some African countries may see a silver lining

Business, Economics and Jobs

Surging oil prices are hurting everyday consumers in Africa, but some oil-producing countries have seen a windfall with higher revenues — boosting investment spending in other areas.

William Rivas drives his own Chevy Malibu as cab. Gas prices are so low in Venezuela that it costs him less than $1 to fill up the tank.

Venezuela’s 4 cents a gallon gas is set for a major hike

Economics
Gas station in Tehran

In oil-producing Iran, a slight hike in gas prices could cause a jump in discontent

Business, Economics and Jobs
Gas station in Tehran

In oil-producing Iran, a slight hike in gas prices could cause a jump in discontent

Business, Economics and Jobs

Nigeria grinds to a halt as general strike enters day two

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America set to become a net exporter of petroleum fuel products

Development & Education

With declining domestic demand amid increased domestic capacity, coupled with soaring international needs for refined petroleum products, for the first time in 62 years, this year the United States is expected to export more petroleum fuel products than it imports.

The end of the “Oil Age”

Environment

Energy analyst Michael Klare says the world’s largest oil fields are running out of oil at twice the rate that we’d previously assumed.

Rising Gas Prices: Political Repercussions

The national average for a gallon of regular gas is now $3.81 and climbing. As prices rise voters and politicians are more likely to blame the sitting president. But Obama, in his defense, says that this same cycle of blame has been going on for decades. And he’s right, according to our Washington correspondent Todd […]

The World

Nigeria’s General Strike Called Off

Global Politics

President Goodluck Jonathan has agreed to restore part of the subsidy, cutting the fuel prices by a third.

Nigerians Protest Against Rise in Fuel Price

Conflict & Justice

Thousands of Nigerians are protesting against the rising price of fuel, following the government’s decision to remove government subsidies.

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