News - Jim Ritterbusch
As consumers began hitting the road Friday for the Memorial Day weekend, they faced the sobering reality that it now costs $87 to fill a Ford Explorer SUV, up $14 from last year, and $72 to fill a mid-sized Honda Accord, up $12.
Oil futures ended a turbulent session lower Thursday after Federal Reserve Chairman Ben Bernanke issued a warning about economic growth that sent stocks tumbling and tempered some of the energy market's supply concerns.
Oil futures fluctuated Thursday as Federal Reserve Chairman Ben Bernanke issued a warning about economic growth that tempered some of the market's supply concerns.
By JOHN WILEN NEW YORK - Oil prices rose Wednesday as investors placed bets on whether inventories rose last week and whether the Federal Reserve will cut interest rates.
By John Wilen NEW YORK - Drivers aren't the only ones being squeezed by record oil prices. A surprising casualty of the escalating cost of crude and sagging pump prices turns out to be the oil industry itself.
