Nehad Ismail has a special investigation into the falling prices of oil. Everyone blames Saudi Arabia, but there are other fundamental factors behind the crash.
16:17 Feb 3, 2015
He reports that a total of 20 countries and economies have continued to significantly reduce the volume of their crude oil purchases from Iran or have completely eliminated such purchases.
07:40 Jun 7, 2013
Fact: everything in America and most Western civilizations runs on oil. Oil allows billions of people to eat via tractors and harvesters of massive croplands. Without oil,
13:39 Apr 10, 2013
The United States also imposed sanctions on Kish Protection and Indemnity Club (Kish P&I), and Bimeh Markazi-Central Insurance of Iran (CII) for providing insurance or reinsurance to NITC.
07:26 Mar 17, 2013
California's diesel consumption was 223 million gallons in August 2012, down 5 million gallons or a 2.1 percent decline from August 2011. California's average diesel prices went up 23 cents to $4.24 per gallon this August compared to August 2011.
13:28 Dec 12, 2012
Environmentalists and the Obama Administration help to keep US oil prices high, by blocking access to oil reserves in Alaska.
17:06 Nov 12, 2012
EPA Administrator Lisa P. Jackson determined that, as a result of effects of Hurricane Sandy, extreme and unusual supply circumstances exist, which may result in a temporary shortage of diesel fuel compliant with federal regulations.
07:08 Nov 4, 2012
California motorists will likely see relief starting early-to-mid week next week, but until then, retail prices may continue to climb slightly over the weekend.
12:00 Oct 8, 2012
Labor Day is traditionally one of the busiest motoring holidays of the year. Americans clamber to the nation's highways and byways in record numbers whether gas prices are prohibitive or not.
09:57 Sep 2, 2012
During the first five months of 2012, California gas consumption was changed little from the first five months of 2011 (a 0.1 percent increase) despite a growing population and more people commuting to work.
06:54 Sep 1, 2012
First quarter average gasoline prices were up 40 cents to $4.06-a 10.9 percent increase-while the average price in March was up 41 cents to $4.41.
20:15 Jun 30, 2012
The Straits of Hormuz, the the only route for this oil, is patrolled by the Iranian and U.S. warships in retaliation for Western sanctions over Tehran's nuclear program.
12:35 Jun 11, 2012
US reliance on foreign oil has decreased, and that trend is expected to continue which is attributed by the the historic fuel economy standards established by President Obama.
07:33 May 3, 2012
Special Envoy and Coordinator for International Energy Affairs Ambassador Carlos Pascual stresses that Joint Coordinating Committee on Energy is fundamental to its ability to supply international markets.
08:20 Apr 24, 2012
Recognizing the energy transformation is already underway in Americas, the 'Connect 2022' Initiative was launched today to close the electricity gap in the region.
11:04 Apr 15, 2012
The reports also aim to provide guidance to policy makers and assist both public and private stakeholders to formulate, implement and monitor national strategies for effective poverty reduction through sustained productivity enhancement.
16:20 Jan 18, 2012
This week, the average retail gasoline prices in Sacramento fell 2.1 cents per gallon, to an average of $3.73/g yesterday.
07:20 Aug 8, 2011
The price per gallon for gas here in the U.S. is expected to hit the roof this month, mostly because retailers have begun cashing in on one of Americas biggest holiday travel periods.
18:14 Apr 23, 2011
As the mainstream media discusses the ever rising price of crude oil and the effects it will have on us at the pump, it makes you wonder was the last spike in oil prices responsible for the U.S. economic meltdown in 2008?
18:36 Apr 18, 2011
Tonight Show Comedian Jay Leno touts his experience with American technology and how we can all beat high gas prices.
16:22 Mar 30, 2011