Justin Blum

IEA acts: 26 Nations To Release Petroleum Reserves

A group of 26 countries, including the United States, yesterday agreed to release oil, gasoline or other petroleum products from their emergency reserves in an attempt to bring down soaring prices and avert domestic [US] shortages.

September 2, 2005

Few Refineries for Cheaper Heavy Oil

Even with demand for crude oil surging and prices near record highs, Bernardo de la Garza can unload his oil only at a steep discount. De la Garza sells a less-desirable grade of heavy Mexican oil.

November 30, 2004

Terrorists Have Oil Industry in Cross Hairs

Terrorists and insurgents are stepping up attacks on oil and gas operations overseas in an effort to disrupt jittery energy markets, destabilize governments and scare off foreign workers, analysts said.

September 26, 2004

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