'Super-Spike' Could Drive Oil to $200  

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• Oil Hovers Near $102 a Barrel

  Mar 26, 08 6:16 AM CDT
  Concern about potential supply disruptions in Iraq and American gasoline reserves pushed oil prices up for the second day in a row, despite expected news from the Energy Department that crude supplies in the US had rebounded, reports the Associated Press. The US dollar’s continued depreciation against a slew of currencies also helped inflate the price. More »

• Wowie! Maui Gas Hits $4

  Mar 14, 08 9:45 AM CDT
  The price of gas in the US hit another record this morning of $3.28 a gallon, CNN reports, but at least one part of the nation thinks that would be a great bargain. On Maui, $4 gas has already arrived in many places, and the island is on the verge of becoming the first part of the country to average that price, the AP notes. More »

• $4 Gas Expected This Spring

  Mar 12, 08 4:40 AM CDT
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• Oil Gushes to Record $105.96

  Mar 6, 08 8:32 AM CST
  An ever-weakening dollar, an unexpected drop in US crude oil reserves, and a Wednesday OPEC decision not to boost production helped spur oil to a record $105.96 a barrel, Bloomberg reports. It's the third record this week, and the dollar’s $1.5345 against the euro is the lowest level its reached since the euro was introduced in 1999. More »