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"US Task Force To Check If Gas Prices Drop as Oil Falls"

"U.S. Attorney General Eric Holder on Friday directed a special task force to look into whether gasoline prices are falling in the wake of the drop in oil prices and if not, whether it was because of fraud or market manipulation."

Source: Reuters, 05/10/2011

"House Passes a Bill to Expand Offshore Oil Drilling"

"With rising gasoline prices and skyrocketing oil company profits as a backdrop, the House approved a bill on Thursday to force the Obama administration to accelerate oil lease sales in the Gulf of Mexico and off the coast of Virginia."
 

Source: NY Times, 05/06/2011

"Big Oil's Big Pay Day"

"The oil giants — BP, Chevron, ConocoPhillips, Exxon Mobil, and Shell—recently released their first quarter reports. Together, the big five's profits were 38 percent higher in the first quarter of 2011 than the same period last year."

Source: Mother Jones, 05/04/2011

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