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Exxon CEO says price of oil likely to remain low for years

...it takes a long time to work that off," Dudley said.The U.S. Energy Department reported Wednesday that U.S. oil supplies have grown to 444.4 million barrels, the highest level in at least 80 years.Tillerson cautioned that geopolitical...

http://chronicle.augusta.com/news/business/2015-03-04/exxon-ceo-says-price-oil-l
Analysts fear tight oil supplies

...Arabia in particular, has the ability to fortify world oil supplies much more substantially than privately owned companies...production will grow 8-10 percent in 2005.Are world oil supplies going to grow soon?THE ISSUE: Global oil demand is...

http://chronicle.augusta.com/stories/2004/10/30/bus_432836.shtml
Business
Crude futures rise despite rise in oil supplies

...the month is up. But uncertainty about international oil supplies persists: - The chief executive of Russian oil giant...cubic feet. Nevertheless, a steady rise in U.S. oil supplies and a growing sense among traders that refiners will...

http://chronicle.augusta.com/stories/2004/11/04/bus_433324.shtml
Business
Energy watchdog sees risk of tighter oil supplies and higher prices

...for the first quarter of 2004, the IEA said. World oil supplies crept higher in February to 82 million barrels a day...February intensified the IEA's concerns about of tighter oil supplies and higher prices. Mass protests against Venezuelan...

http://chronicle.augusta.com/stories/2004/03/12/bus_408478.shtml
Business
US stocks gain as the price of crude oil rebounds

...climbing $1.49 to $78.68 a barrel on a smaller-than-expected increase in overall U.S. oil supplies and a surprise decline in oil supplies at the main U.S. trading hub in Cushing, Okla. Brent crude, a benchmark for international...

http://chronicle.augusta.com/news/business/2014-11-05/us-stocks-gain-price-crude
Oil has fallen by nearly half, to recession levels, as US economy improves

Oil supplies have increased while prices at the pump decrease by half. Here's why and what you need to know.

http://chronicle.augusta.com/news/business/2014-12-15/oil-has-fallen-nearly-half
Boom in US oil output boosts supplies, knocks price down

...increase, or build, in U.S. oil supplies. That told investors that America...Information Administration said oil supplies grew by 2.9 million barrels last...decline of 600,000 barrels. Oil supplies have risen this year to the highest...

http://chronicle.augusta.com/news/business/2012-06-20/boom-us-oil-output-boosts-
Crude prices rise on possible OPEC production cut

Nagging concerns about tight heating oil supplies and increasing pressure within OPEC to rein in overproduction helped send oil prices back above $42 a barrel on Thursday. The...

http://chronicle.augusta.com/stories/2004/12/10/bus_436785.shtml
Business
Oil shortage blame question

...Clinton-Gore administration announced it expected a heating oil shortage this winter. They now tell us that heating oil supplies are extremely low in the tank farms of oil suppliers in the northeast U.S. The next step was the plan to release...

http://chronicle.augusta.com/stories/2000/10/03/edi_297923.shtml
Editorials
Georgia gas prices expected to remain below $3

...common for motorists to find gasoline cheaper than $3 a gallon."The decreases are due to low demand and high domestic oil supplies, according to a AAA news release. Georgia's average is $3.19, or 10 cents cheaper than last week. It is expected...

http://chronicle.augusta.com/latest-news/2014-10-13/georgia-gas-prices-expected-