Navigator News (Coverage Ranks) Activities57264 Event57053 2007-8 Oil Crisis 351 2007-8 Oil Crisis Year 2008 350 2007 350 Nature Petroleum 2007-8 Global Inflation 350 Related People John McCain 41 Barack Obama 35 George W. Bush 23 Hillary Clinton 16 Ben Bernanke 15 Gordon Brown 14 Nancy Pelosi 10 Henry Paulson 9 Harry Reid 9 Ban Ki-moon 9 Hugo Chavez 7 John Boehner 6 Nicolas Sarkozy 5 Mahmoud Ahmadinejad 5 Condoleezza Rice 4 Arnold Schwarzenegger 4 Pete Domenici 4 Yasuo Fukuda 3 Richard Durbin 3 Charles Schumer 3 Jimmy Carter 3 Dick Cheney 3 Dmitry Medvedev 2 Xi Jinping 2 Kent Conrad 2 Events 2007-8 Global Inflation 350 US Election 2008 21 110th Congress 19 2008 U.S. Recession 10 Global Food Crisis 10 2007 Global Credit Crunch 9 American Markets 9 U.S. Markets 9 2008 Airlines Downturn 9 Group of Eight 9 2008 Hurricane Gustav 7 2008 Hurricane Ike 6 Bush Admin. 6 2005 Hurricane Katrina 5 2008 Georgia War 2 Georgia-Russia 2 Second Gulf War 2 Saudi Arabia-U.S. 2 Enron Bankruptcy Case 2 China-U.S. Trade Ties 2 China-U.S. 2 Asian Markets 2 2008 U.S. Midwest Flood 1 2007 Baseball Doping Scandal 1 U.K. Brown Admin. 1

Oil plummets below $83 on global slowdown fears Oil prices plummeted to a one-year low below $83 a barrel Friday in European trading as investor fears of a severe global economic downturn caused by the crisis in credit markets sparked a panicked sell-off of both crude and equities.   Nations:Australia Germany Japan   Activities:2007-8 Oil Crisis   Source:(AP)   2008-10-10 Traders look for direction on oil market Oil prices looked for direction Thursday as traders weighed fears that a looming world recession will crimp demand against speculation that OPEC may cut output to keep prices from falling too far.   Nations:Algeria   People:Hugo Chavez   Activities:2007-8 Oil Crisis   Source:(AP)   2008-10-09 Cheaper Gas Prices, but Less Demand Amid a credit crunch that is decimating consumer psyches and spending power, gasoline demand has dropped nearly 10% from a year ago, even as crude oil prices have fallen.   Activities:2007-8 Oil Crisis   Source:(BusinessWeek)   2008-10-08 Oil drops 6 percent to below $88 on demand concerns NEW YORK (Reuters) - Oil dropped more than 6 percent to below $88 a barrel on Monday as a global market rout churned concerns that faltering fuel demand could slow further.   Nations:Brazil   Activities:2007-8 Oil Crisis   Source:(Reuters)   2008-10-06 Oil prices hit eight-month lows under $90 LONDON (AFP) - Crude oil prices slumped to eight month low points below 90 dollars a barrel on Monday as worsening financial turmoil triggered fears about slowing demand for energy, traders said.   Nations:Luxembourg Germany Australia   Activities:2007-8 Oil Crisis   Source:(AFP)   2008-10-06 Headlines Oil plummets below $83 on global slowdown fears 2008-10-10 Traders look for direction on oil market 2008-10-09 Cheaper Gas Prices, but Less Demand 2008-10-08 Oil drops 6 percent to below $88 on demand concerns 2008-10-06 Oil prices hit eight-month lows under $90 2008-10-06 Oil near $95 a barrel on confidence of US bailout 2008-10-03 Oil falls below $94 on falling global demand 2008-10-02 Sour economy tied to psychology that fed gas panic 2008-09-28 Oil falls below $106 on weak US energy demand 2008-09-24 Oil rises above $108 as investors eye US bailout 2008-09-24 Oil falls below $107 after record one-day surge 2008-09-23 Oil briefly jumps $25 a barrel on bailout anxiety 2008-09-22 Oil prices end higher as stock market rallies 2008-09-18 Offshore drilling up to Senate after House passage 2008-09-17 US lawmakers vote to end 26-year ban on offshore drilling 2008-09-17 House approves offshore drilling 2008-09-16 Big fall in energy pushes consumer prices down 2008-09-16 Why Even Cheaper Oil Is Grim News 2008-09-16 Oil closes below $100 for first time in 6 months 2008-09-15 Crude oil down nearly two dollars after Hurricane Ike 2008-09-14 Far from Ike's path, an aftershock is felt: $5 gas 2008-09-14 Gas prices spike overnight as Ike slams coast 2008-09-13 Democrats: GOP should support drilling compromise 2008-09-13 Oil rises in Asia as Ike bears down on Texas coast 2008-09-12 Oil prices drop as dollar firms, demand jitters persist 2008-09-11 OPEC decides to curb overall output through quotas 2008-09-10 Oil prices slip even after US inventories shrink 2008-09-10 Oil prices slip after OPEC vows to stick to quota 2008-09-10 Oil barely budges as traders parse OPEC decision 2008-09-10 Russia proposes closer ties with OPEC 2008-09-09 OPEC decides to curb overproduction 2008-09-09 Oil dips as Ike weakens, OPEC mulls holding steady 2008-09-09 OPEC to cut output by 520,000 bpd: OPEC president 2008-09-09 OPEC tackles overproduction as oil dives under 100 dollars 2008-09-09 OPEC considers cutting oil production 2008-09-07 Yellowstone RV park full despite fuel costs 2008-09-06 Oil falls ahead of OPEC meeting 2008-09-05 Oil's climb forced companies to become leaner 2008-09-04 Drilling for oil a hot topic at GOP 2008-09-04 Oil down on lower-than-expected US gas supplies 2008-09-04 Airlines to lose 5.2 bln dollars in 2008 on high fuel prices: IATA 2008-09-03 Oil falls on stronger dollar, falling fuel demand 2008-09-03 Oil prices crumble as global economic outlook dims 2008-09-02 Oil prices slide below $110 as hurricane weakens 2008-09-01 Auto association projects drop in Labor Day travel 2008-08-31 AAA: Labor Day travel expected to dip 2008-08-30 GOP platform backs off pet issues to help McCain 2008-08-27 Oil prices climb above $117 on Hurricane Gustav 2008-08-27 High gas prices drive down traffic fatalities 2008-08-25 Matches Shown: | 1-50 | 51-100 Most-viewed Oil near $95 a barrel on confidence of US bailout 2008-10-03 Gas prices spike overnight as Ike slams coast 2008-09-13 Sour economy tied to psychology that fed gas panic 2008-09-28 Traders look for direction on oil market 2008-10-09 Oil prices hit eight-month lows under $90 2008-10-06 Oil drops 6 percent to below $88 on demand concerns 2008-10-06 Oil falls below $94 on falling global demand 2008-10-02 Crude oil down nearly two dollars after Hurricane Ike 2008-09-14 Saudi Arabia to boost oil output. Will gas prices fall? 2008-06-23 Cheaper Gas Prices, but Less Demand 2008-10-08 Surging prices may force more people from homes: UNHCR 2008-06-20 Far from Ike's path, an aftershock is felt: $5 gas 2008-09-14 Drill Now as the conservative MoveOn? 2008-07-01 Democrats: GOP should support drilling compromise 2008-09-13 Russia proposes closer ties with OPEC 2008-09-09 Oil prices crumble as global economic outlook dims 2008-09-02 Chinese cut fuel subsidies but demand fears remain 2008-06-22 OPEC decides to curb overall output through quotas 2008-09-10 OPEC decides to curb overproduction 2008-09-09 Oil falls on stronger dollar, falling fuel demand 2008-09-03 Oil prices close below $119 after inventory report 2008-08-06 Would You Drive 55? 2008-07-27 G8 pledges action on food, oil 2008-07-09 Rich nations poised to tackle soaring oil, food prices 2008-07-06 The job market's big slump 2008-06-09

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popular coverage of the Week (all rankings) [2008 Hurricane Ike]: AP Investigation: Ike environmental toll apparent (14:14 10/5) [2007 Global Credit Crunch]: GM shares tumble 31 percent to 58-year low (20:53 10/9) [2008 U.S. Recession]: GM shares tumble 31 percent to 58-year low (20:53 10/9) [US Election 2008]: McCain: Obama link to ex-radical is honesty issue (20:53 10/9) [110th Congress]: Pelosi says $150B economic stimulus plan needed (18:17 10/8) [2008 NFL]: Man sues Colts' Harrison; says he was shot by him (06:58 10/9) [2008 MLB]: Dice-K gets ball in ALCS opener vs. Rays (02:17 10/9) [U.S. Markets]: Dow plunges 679 for 6th triple-digit loss in a row (20:53 10/9) [Lehman Brothers Bankruptcy]: Congress hears Lehman sought millions for execs (13:55 10/6) [2007-8 Oil Crisis]: Traders look for direction on oil market (06:17 10/9) [Second Gulf War]: 11 Iraqis killed in U.S. raid in Mosul (04:27 10/7) [2008 AIG Crisis]: New AIG loan renews concerns over insurer's health (20:53 10/9) [Afghan Terror War]: Mullen sees Afghanistan worsening into next year (20:53 10/9) [2008 China Milk Scandal]: China reluctant to reveal tainted milk figures (06:58 10/9) [2005 Hurricane Katrina]: AP Investigation: Ike environmental toll apparent (14:14 10/5)