The record price at the pump comes after oil prices surged $11 on Friday to $138 a barrel. John Kingston, director of oil at Platts, says diesel could be the culprit. (June 9)
The record price at the pump comes after oil prices surged $11 on Friday to $138 a barrel. John Kingston, director of oil at Platts, says diesel could be the culprit. (June 9)
The second longest pipeline in the world is under fire today as fighting continues in Georgia, however, the price of oil is down. David Kirsch, of PFC Energy, and John Kingston, of Platts, discuss.
U.S. refineries are getting back on track and gulping down more oil, but do we have enough crude oil on hand to supply them? John Kingston, Platts global dir. of oil, and Terri Campbell, Eastern...
Oil prices surged more than $10 US a barrel Friday to new record highs amid bullish forecasts and Middle East tensions. Crude oil futures soared $10.75 US a barrel to settle at $138.54 US on...