refineries

Why Gas Prices Haven't Fallen Yet

The smart money has been predicting lately that gas prices would fall. Oil has been below $90 a barrel since early August and the International Energy Agency has cut its estimates for crude oil use for the year. But the price of a gallon of unleaded is the virtually the same as it was a year ago.

Good News on Gas Prices: A Sharp Drop Is Just Ahead

With security concerns in the Middle East receding and the commodities bubble deflating, oil prices are headed sharply lower. Gas prices should follow suit: The analysts say they will get 25 cents a gallon cheaper in the next few days, and drop even further as the summer rolls on.

Five Oil Stocks To Offset Your Pain at the Pump

Given the prospect of $4-plus gasoline this summer, what's an American to do? Beyond switching to a higher-MPG vehicle, you can consider buying some oil stocks with plenty of upside potential to help offset your pain at the pump. Here are five candidates.

Oil Prices May Drop in 2010, But No Break for Motorists

Oil prices are showing signs of moderating, with a barrel of crude now worth about half of its all-time of $147 a barrel in 2008. But U.S. motorists may not benefit much at the pump. Refiners are expected to restore their margins that got squeezed during the recession.