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...Obama administration's view that these steps would cause a counterproductive spike in oil prices. In any case, higher oil prices are preferable to allowing an Iranian bomb - or having to take military action to stop it. Congress is ahead of...
...forced to choose between feeding the family and filling the tank.Act III: Economists warn of the negative impact of higher oil prices on a fragile economy. They produce model-based estimates of the effect of every $1 increase in the price of oil...
...liberating the United States from foreign sources of supply.Federal Reserve policy probably has something to do with higher oil prices, too. Since the Fed's zero percent interest rate cheapens the dollar, it takes more dollars to buy the same...
...President Chavez of Venezuela has drained his country's oil industry to support aggressive welfare programs. High oil prices are propping him up for the moment. Differences about political philosophy usually don't send men to the streets...
...supplies. OPEC members had been debating whether to extend production cuts beyond March 30, out of concern that higher oil prices at some point might diminish demand, but more recently indicated a willingness to keep the cutbacks in place until...
...reserve in the Northeast to blunt future shortages, but said there is ''no overnight solution'' to the current high oil prices. Clinton said he was concerned about the hardships facing many Americans because of the soaring gasoline and heating...
...most of the increase in imports came from oil and higher oil prices. When you adjust for that and for other revisions...here and abroad, along with the impact of sharply higher oil prices.'' For all of last year, the deficit soared to...
...chief euro analyst, Stefan Schneider. A host of other economic conditions are also keeping the euro in a quagmire. Higher oil prices, which are traditionally priced in dollars, mean people are using more of the U.S. currency. And European investment...
...prompted motorists to stock up on gasoline. Truckers, taxi drivers, farmers, tour operators and others who claim that high oil prices are hurting their businesses protested in Britain, Belgium, the Netherlands, France and Germany. Across Britain...
...when it happened before." Federal Reserve Vice Chairman Roger Ferguson told reporters that so far the impact of higher oil prices has not spilled over into the prices of non-energy goods and services, though that remains a risk. And it hasn't...