An oil platform in the Norwegian sea.
Marcel Mochet/AFP/Getty Images
August 26, 2011 With Moammar Gadhafi on the run, Libya needs to start thinking about its next big challenge — what to do with the massive amount of wealth they as a country possess in oil. Almost all countries that find oil suffer from the resource curse. But there is one notable exception — Norway.
<iframe src="http://www.npr.org/player/embed/139972557/139980614" width="100%" height="290" frameborder="0" scrolling="no">
June 23, 2011 The move is aimed at offsetting some of the losses due to recent unrest in North Africa and the Middle East. It's only the third time that the U.S. and other members of the International Energy Agency have acted together to tap reserves.
May 5, 2011 Commentator Ursula Goodenough specializes in the development of sustainable biofuels. She shares a graph with us showing the rise and predicted fall of oil production over a 2,500 year time frame.
The $5 price point had already been reached Wednesday at a station in Washington, D.C.
Karen Bleier /AFP/Getty Images
April 21, 2011 A weak dollar, ongoing troubles in the Middle East and North Africa and rising demand from strengthening economies could combine to send prices well above the current $3.84 a gallon average.
An oil drilling rig is seen near Ray, N.D., last September. The well is being drilled into the Bakken Formation, one of the largest contiguous deposits of oil and natural gas in the United States.
Karen Bleier/AFP/Getty Images
April 1, 2011 Can you guess the number of rigs that are now actively looking for oil and natural gas in the United States? It now stands at 1,776 — one of America's favorite numbers. The figure reflects a rise of 38 rigs in the past week, and a gain of 311 over the same week one year ago.
March 10, 2011 A House subcommittee has voted to deny funds for the EPA to regulate greenhouse gases, in a Thursday session that pitted Republicans against Democrats in a heated debate.
February 23, 2011 Experts warn that over the next few weeks and months oil prices could be "highly volatile."
Oil's rise this year.
December 27, 2010 The price of crude is up more than 30 percent since May and rising demand could push it even higher.
The Al Basrah Oil Terminal is seen in July.
Spc. Frank Smith/U.S. Army
October 4, 2010 Iraq says its proven oil reserves are a quarter higher than thought. The oil minister said Monday that Iraq has proven reserves of 143 billion barrels. But the nation's distribution system is still devastated by years of sanctions and war.
June 14, 2010 In our first hour, the future of oil, and reporting on the oil spill. In our second hour, "Click" and Tift Merritt.
June 10, 2010 BP still can't stop the leak in the Gulf -- but can they stop a coffee spill? The Upright Citizens Brigade.
NPR thanks our sponsors
Become an NPR sponsor