MuammarGaddafi

What Gadhafi's Death Means for Gas Prices

Oil prices fell in the wake of last week's death of Col. Moammar Gadhafi. But it was a small dip, and it didn't last for long. Still, while the Libyan dictator's death may not lead to lower gas prices for U.S. drivers in the short term, down the road improved world crude supplies should stabilize prices. That in turn would lead to fewer surprises at the gas pump.

White House to Tap Strategic Petroleum Reserve

Describing the president as "deeply concerned" about the impact on global economic growth of oil supply disruptions in the Middle East and North Africa, the Obama administration announced it would release 30 million barrels of oil from the Strategic Petroleum Reserve over the next 30 days.

Mideast Protests Could Send Investors Scurrying

In the long run, the changes being demanded in the Mideast may prove to be a cornerstone of further global economic growth and political stability. More immediately, though, the uprisings are likely to create the exactly the type of uncertainty that investors dread.