Why you’re paying so much, and why you could soon be paying less.
By Doug Newcomb
Even with demand slackening, gas prices have continued to rise.

Filling up at the pump has become such a pain in the pocketbook that for the first time ever, gasoline consumption in the U.S. has stopped increasing. But even though America’s consumption […]

Barron’s 24-Mar-2008
By Andrea Hotter
It’s official. Commodity prices are no longer a safe one-way bet. Their resilience is waning as risk aversion takes the driver’s seat. Their saving grace? Investors are saying they’re still reluctant to be caught short.
Commodities prices have been in a tailspin as market participants began adopting the view that a fire sale […]

Bloomberg, 16:56 (New York) 20-Mar-2008
By Claudia Carpenter and Millie Munshi
March 20 (Bloomberg) — Commodities plunged, capping the biggest weekly drop in five decades, on speculation that slower global growth will curb demand for energy, metals and grains.
The Reuters/Jefferies CRB Index of 19 commodities tumbled 8.3 percent this week, marking the steepest drop since at least […]

Dow Jones Newswires, 12:02 ET (17:02 GMT) 26-Feb-2008
By Allen Sykora
Base and precious metals prices, along with oil, have “staying power” to remain at historically high levels for some time, underpinned by supply issues as well as demand from developing economies, Bart Melek, global commodity strategist with BMO Capital Markets, said Tuesday.
Melek addressed commodities during a […]

theglobeandmail.com, 7:08 AM EST 31-Jan-2008
by The Canadian Press
CALGARY - Petro-Canada, prominent in global oil and gas production and gasoline retailing in Canada, says its fourth-quarter profit jumped 36 per cent to $522-million, from a year-earlier $384-million.
Net earnings in the quarter ended Dec. 31 amounted to $1.08 a share, compared with 77 cents per share a […]

Equity investors already know that higher oil prices negatively impact the stock prices of companies that are highly dependent on oil such as airlines, since more expensive oil means higher costs and lower profits for those companies.
In much the same way, a country’s dependency on oil determines how its currency will be impacted […]

The Australian (Sydney) 07-Jan-2008
by David Winning, Beijing, The Wall Street Journal
VAST coal reserves in Asia are gaining attention as major energy consumers such as China and India grapple with the reality of oil prices around $US100 a barrel and the risks they pose to their economies.
Multibillion-dollar facilities that convert coal to oil are being […]