Oil prices ease, above 125 dollars

                   
afp.com: afp.com
afp.com     May 12, 2008            

SINGAPORE (AFP) - World oil prices eased but remained above 125 dollars on Monday after an inflow of investment funds and supply worries helped push costs to another record high, analysts said. ... Protesters rally against rising oil prices near Manila with the cost of... [read full story]                    

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Congress divided on energy plan

wtop.com     May 12, 2008          

By H. JOSEF HEBERT Associated Press Writer WASHINGTON (AP) - Here is a rundown: THE DEMOCRATIC PROPOSALS. _Enact a windfall profits tax on oil companies. SPIN: Oil companies are making too much money, earning $123 billion last year while motorists faced soaring gasoline...                    

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Republicans and Democrats map out widely different energy plans

startribune.com     May 12, 2008          

By H. JOSEF HEBERT , Associated Press More from Politically Connected WASHINGTON - Here is a rundown: THE DEMOCRATIC PROPOSALS. _Enact a windfall profits tax on oil companies. SPIN: Oil companies are making too much money, earning $123 billion last year while motorists...                    

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Congress divided on energy plan

newsvine.com     May 12, 2008          

As millions of people approach the summer vacation season under the threat of $4-per-gallon gasoline, Congress is scrambling to respond. But don't wait for anything that will drive down prices at the pump. ... — As millions of people approach the summer vacation season...                    

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Congress divided on energy plan

nwsource.com     May 12, 2008          

WASHINGTON -- As millions of people approach the summer vacation season under the threat of $4-per-gallon gasoline, Congress is scrambling to respond. But don't wait for anything that will drive down prices at the pump. ... By H. JOSEF HEBERT ASSOCIATED PRESS WRITER...                    

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Congress divided on energy plan

sacbee.com     May 12, 2008          

As millions of people approach the summer vacation season under the threat of $4-per-gallon gasoline, Congress is scrambling to respond. But don't wait for anything that will drive down prices at the pump. ... By H. JOSEF HEBERT - Here is a rundown: THE DEMOCRATIC...                    

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Congress divided on energy plan

federalnewsradio.com     May 12, 2008          

May 12, 2008 - SPIN: Oil companies are making too much money, earning $123 billion last year while motorists faced soaring gasoline costs. A former Federal Trade Commission chairman argued such a law could do consumers more harm than good and may result in higher prices...                    

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Congress divided on energy plan

tdn.com     May 12, 2008          

WASHINGTON - As millions of people approach the summer vacation season under the threat of $4-per-gallon gasoline, Congress is scrambling to respond. But don't wait for anything that will drive down prices at the pump. ... WASHINGTON - The taxes could spur some new...                    

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Raymond J. Learsy: The Why of Chokingly High Oil Prices. Bush Together With Saudi Arabia Spell...

huffingtonpost.com     May 12, 2008          

There was a time when the Organization of Petroleum Exporting Countries (OPEC) controlled by Saudi Arabia and under the pragmatic thumb of Sheik Ahmed Zaki... ... There was a time when the Organization of Petroleum Exporting Countries (OPEC) controlled by Saudi Arabia and...                    

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Paul Krugman: The Oil Nonbubble

newsvine.com     May 12, 2008          

Paul Krugman writes: "The Oil Bubble: Set to Burst?" That was the headline of an October 2004 article in National Review, which argued that oil prices, then $50 a barrel, would soon collapse. ... News Type: Opinion — Seeded on Mon May 12, 2008 5:44 AM EDT Paul Krugman...                    

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We need a plan for oil use and pricing

aspentimes.com     May 10, 2008          

Dear Editor: ... Four-dollar-a-gallon gas this summer is not out of the question. President Bush and Congress need to deliver real, immediate relief to hard-working American families by stopping the escalation of gas prices, but we must also develop a comprehensive...                    

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