Recently, Ronald D. White of the Los Angeles Times quoted UCAN in a story that said "Oil companies are making more money and less fuel." It sounds counterintuitive - if you make fewer "widgets" then you should make less money, right? Wrong. Get the Full Story.
oil
Oil from algae could turn pond scum into green gold.
A massive $600 million research effort based in San Diego is underway. The Quest? Turn algae into oil.
Federal judge stops drilling in Alaska's North Coast for safety reasons
An Alaskan judge says that regulators at the Minerals Management Srvice have failed to enforce the law.
Could gas drop to $1.70 a gallon? Exxon announces new "Walmart style" prices in a strategic alliance with Goldman Sachs.
In a surprise announcement today, the CEO of Exxon Mobil, the world's largest corporation, and and Lloyd Blankfein, head of the investment giant Goldman Sachs, announced a new strategic alliance that could send oil prices tumbling.
In like a lion: Gas prices surged above $3 mark

Gas prices have made a major move - rising 8.5ยข in seven days. Full story.
San Diego gas prices slide below $3 mark
Gas prices finally slipped below the $3 mark even though oil prices are climbing. Be suspicious: California's refineries are producing at only 75% capacity in order to restrict supply and protect the industry from a massive price avalanche. MORE.
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