AOL News has a new home! The Huffington Post.
Click here to visit the new home of Politics Daily!Hot on HuffPost:
Supreme Court To Decide Blockbuster Cases Soon
Controversial Book On Obama Appears To Have Lifted Key Quote
oil
Will High Gas Prices Disrupt the Economic Recovery? [VIDEO]
By not in system - AOL News...
Americans Starting to Cut Back on Driving as Gas Prices Rise
By not in system - AOL NewsNEW YORK -- With the price of gas above $3.50 a gallon in all but one state, there are signs that Americans are cutting back on driving, reversing a steady increase in demand for fuel as the economy improves. For five consecutive weeks, Americans have bought less gas than they did a year earlier, according to MasterCard Spending Pulse, which tracks the volume of gas sold at 140,000 service stations nationwide. Paul Sakuma, AP Daniel Dona pumps gas on March 31 at a Shell gas station in Menlo Park, Calif. With the price of gas above $3.50 per gallon in all but one ...
Libyan Rebel Leader Says NATO Isn't Doing Enough
By not in system - AOL NewsBENGHAZI, Libya -- A rebel military leader lashed out at NATO Tuesday, saying it was falling short in its mission to protect Libyan civilians. The alliance said ruler Moammar Gadhafi's forces position heavy weapons in populated areas, preventing some airstrikes. Abdel-Fattah Younis, chief of staff for the rebel military and Gadhafi's former interior minister, said he was asking the opposition's leadership council to take their grievances to the U.N. Security Council, which authorized force in Libya to stop government troops from wiping out the anti-Gadhafi uprising that began Feb. 15. ...
Opinion: End Obama's Policy of Higher Gas Prices
By not in system - AOL NewsGas prices are dangerously close to doubling since President Barack Obama was inaugurated. As American drivers and small-business owners feel the pain at the pump, he should reverse course and stop punishing consumers to promote a "green" agenda. Yes, the events in Egypt and Libya have affected global oil prices. But we suffered the highest gas prices for the month of December in our nation's history in 2010 -- before uprisings in the Middle East even began. Unilateral administration action is the first step toward providing economic relief during a fragile recovery. Another View on ...
Opinion: Why Aren't Environmentalists Cheering Higher Gas Prices?
By John Merline - AOL NewsAs gasoline prices continue to rise faster than station owners can update their signs, so too have calls to do something about the problem. Some Democrats are calling on President Barack Obama to uncork the Strategic Petroleum Reserve to help ameliorate the pain at the pump. Republicans are renewing calls for more domestic oil production, including offshore. So where are environmental groups? Sure, they're talking about the need for new, clean energy supplies, but often in the context of how that will help lower gasoline prices. But why aren't they out there cheering on high gasoline ...
Strategic Petroleum Reserves: Should Obama Tap the Backup Oil Supply? [POLL]
By Steven Hoffer - AOL NewsDrill, baby, drill? With rising gas prices and ongoing unrest in North Africa and the Middle East, calls on Capitol Hill for President Barack Obama to tap America's 727-million barrel Strategic Petroleum Reserve are steadily mounting. But while some Democratic senators who fear a double-dip recession are urging Obama to break into the oil reserves -- a supply the White House says should be reserved for real emergencies -- some industry insiders and pundits suggest that doing so would be jumping the gun. What do you think? Here's what some of the experts are saying: Writing in The ...
WikiLeaks: Gadhafi Stashed $32 Billion in Cash in Foreign Accounts
By Theunis Bates - AOL NewsLibyan leader Moammar Gadhafi has signed dozens of multibillion-dollar deals over the past decade with foreign firms eager to exploit his country's vast oil and natural gas reserves. So where has all that money gone? Not to ordinary Libyans, around one-third of whom are thought to live in poverty. Instead, Gadhafi and his family appear to have been quietly siphoning off the country's riches and investing them abroad. According to a confidential cable penned last year by the U.S. ambassador to Libya, the regime's secretive sovereign wealth fund (an investment vehicle for Gadhafi and his ...
Q&A: How Will the Libyan Crisis (and Its Oil) Affect the US?
By Dana Kennedy - AOL NewsLibya is different. Unlike the toppling of dictators in Tunisia and Egypt and the unrest roiling Bahrain and Iran, the violence gripping Libya, the 18th largest oil producer in the world, may have a more immediate impact on the American pocketbook. That became clear early Wednesday when the Financial Times reported that half of Libya's oil industry had shut down, causing oil prices to surge to $100 a barrel on fears that the turmoil could spread to other major oil producers like Saudi Arabia and Algeria. A defiant Col. Moammar Gadhafi also threatened to blow up energy pipelines, Time ...
Gadhafi Leaves Libya. Destination: Dictator Island
By Robert and Donna Trussell - Politics DailyFollow the Trussell cartoons on Twitter at ChaosTheoryPD ...
Follow Politics Daily
POPULAR
- Nancy Pelosi Confirms House May Skip Up or Down Vote on Senate Health Bill
- Debrahlee Lorenzana: A Double Take on Those Double D's
- Palin Earnings Estimated at $12 Million
- Campbell Brown Quits CNN With Shockingly Frank Farewell
- The Five Most Racist Obama Cartoons?
- Soraya M., Stoned to Death for Being an "Inconvenient Wife''
- Jimmy Carter Leaves Church Over Treatment of Women
- No posts are available.
News From Our Partners
- Dragon arrives at space station in historic 1st
- Picking new leader, Egyptians search for superman
- Egyptians vote in first free presidential vote
- Moon chips from Vegas casino mogul sent to NASA
- Egyptians vote to rid nation of autocratic rule
- More Stories »
- Romneys Love Fancy World of Rarefied Sport
- Rudy Giuliani: Mitt's Great. I'm Just Better
- 'Masters of the Universe' Sure Have Fragile Egos
- Romney: My Mistakes 'Haunt Me'
- Newt Lauds Romney: He's Like Eisenhower
- More Stories »
- A Veteran’s Journey To Hell And Back
- The 7 Best Moments from Sunday Talk
- Know Your Enemy
- Cannes’s Mischief Maker
- Cut It Out, Internet Bullies!
- More Stories »
- Ambition Counteracting Ambition
- Robert Blagojevich Speaks Out
- In Iowa, Obama Calls Romney's Words 'A Cow Pie of Distortion'
- In Iowa, Obama Calls On Congress to Act on Clean Energy Tax Credits
- Romney Has Interesting Morning in Inner-City Philly
- More Stories »
Top News
More News
More on Aol
Local News
More Blog/Sites
Sites and Services
HuffPost Politics