Oils
Five years later, the Gulf of Mexico is still recovering from Deepwater Horizon
Things are getting better as oil and toxins from the 2010 Deepwater Horizon spill dissipate in the Gulf of Mexico — but slowly. Scientists researching the area say no one can be sure when the “pervasive” chemicals will finally disappear.
Top of the Hour: Oil Prices Skyrocket, Morning Headlines
The price of oil is continuing to rise, partially due to civil unrest in Libya. Americans are seeing the increase at the pump, with gas hitting an average of $3.50 a gallon; however, the rising costs also affect heating oil and other goods and services in the U.S.
As Oil Prices Rise, Looking at the Year Ahead for Energy
Back in 2008, the price of a barrel of oil rose to $133, and prices at the pump topped $4 per gallon. As the economy slowed, and demand for oil dropped, the price did as well. However, the cost of oil has risen to just over $90 a barrel, as confidence in the economic recovery […]