Oil Prices

Using the term 'oil supply crunch' as opposed to 'peak oil', this British report indicates that the oil crisis will hit by 2013, with prices jumping to $200/barrel. It states that the problem is not insufficient oil but obstacles to its extraction.

In this column, Richard Florida argues the decline in the popularity of suburbs is not just a product of rising oil prices, but a result of a new "spatial fix" that is reorganizing how and where people live their lives.

A new report for a Canadian bank examining the economic impact of rising oil prices predicts that millions of Americans will be forced to give up driving as gas reaches $7.00 a gallon.

Chrysler's "Let's Refuel America" campaign promises to subsidize your gas as if you were paying $2.99 a gallon if you buy one of their large vehicles. Cartoonist Ruben Bolling spoofs the thinking behind the program in this cartoon.

Transit use is surging, but operators are facing the same fuel crunch as consumers and public monies for new investments aren't up to addressing the new demand.

Protests both peaceful and violent are breaking out across Europe and Asia as people's livelihoods begin to suffer from soaring fuel costs, and some stores are running out of food as truck drivers go on strike.

Gas prices have just surpassed the $4 mark, but the impact is far from uniform throughout the nation- poor, rural counties, particularly in the south and west, suffer disproportionately.

NPR reports on 'hypermilers', drivers who practice active gas-saving techniques like braking lightly and combining trips. One hypermiler says he isn't doing it to be green: 'The environment I'm concerned with is my wallet.'

Even as SUV sales have dropped 33% this year, some drivers hang on to their gas-guzzlers. "You've got to have that room when you're moving around," says a Georgia man. The cost of switching is another major factor for families.

The cartoon strip 'This Modern World' looks at how gas prices have influenced motorists' selection of motor vehicles in the United States - from the 1970's to 'five minutes from now'.

With fill-ups costing close to $70,000 for a transatlantic flight, airlines are facing a grim future.

With gas prices as they are, does it make sense to ditch your SUV and buy a hybrid? Count on the Wall St. Journal to break it down a discussion of your return on investment.

Both farmers and the rural poor are hurting because gas prices are not only higher in Canada's rural areas, but the distances required to obtain food and other necessities are so great.

The New York Times looks across the nation and finds consumers reluctantly changing their habits to deal with rising gas prices.

If you build it, will they come? Not in Hagerstown, Maryland, where airlines have left town despite a brand new runway.

Gas prices have risen dramatically and continue to rise, with oil topping $110 per barrel. How are we paying for it, and who benefits? The News Hour's Ray Suarez interviews oil expert Lisa Margonelli for answers.