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    Report: Gulf CEO says oil prices could halve by end of year, cause global instability [w/video]
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    It's just one in a laundry list of factors, but more fuel-efficient cars could make a difference in lowering oil prices dramatically to half their present levels, plunging to $50 a barrel by the end of the year. That's what Gulf Oil CEO Joe Petrowski is predicting in a new interview on CNBC's ...

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    Considering the crazy: will $30 barrels of oil come back?
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    While it's certainly possible to run automobiles on natural gas instead of gasoline (see the Civic GX), there is a decided lack of natural gas vehicles in the U.S. This might become a problem that needs solving, quick, if an analysis in Ground Report turns out to be accurate. The fear? That the ...

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    Lutz: Cheap gas would be bad
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    Remember all the bravado that Bob Lutz unleashed when we got our first glimpse of the Volt back in early 2007? Lutz has been the car's biggest champion since then, but he's thinking that there could be some tough news coming soon for this kind of technology. While the Volt is not named in an ...

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    Oil getting close to $120, gas prices following upward trend
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    Photo by Jurek D. Licensed under Creative Commons license 2.0.I doubt there are any regular readers of AutoblogGreen who need a reminder as to why greener cars are not only cool but, increasingly, vitally important for the pocketbook. The AP is reporting that a new series of small issues somewhere ...

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    Whew! Price of crude oil hits $88.20
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    digg_url = 'http://digg.com/world_news/Barrel_of_oil_88_20_on_Turkey_Iraq_war_fears'; The latest news from Turkey is that the country might go to war with Kurdish separatist guerrillas in Northern Iraq. That makes you nervous? Well, it certainly made the market nervous and so we just saw the ...

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    U.S. Strategic Petroleum Reserves doubled for energy security
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    In conjunction with other measures to protect the U.S. from crude oil price shocks such as promoting alternative fuel research and production, President Bush has announced an expansion of the U.S. Strategic Petroleum Reserves. The reserves, which were established in 1975 following the Arab oil ...

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    Fuel prices Down Under up and down
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    It seems that Australian petrol prices are even more volatile than I imagined. Just a week after predictions that petrol prices were likely to remain high during 2007, prices are now tipped to fall by as much as 10 cents a litre (US$0.30 per gallon) after world oil prices dropped to a 19-month low. ...

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    High oil prices not going away in 2007
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    The record oil prices, peaking at US$79.45 a barrel, that were seen in 2006 are not expected to be repeated in the coming year but prices will remain high though 2007, Drive.com.au reports. The price will still be high enough though to annoy motorists and bring in fat profits for the oil companies. ...

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