Dollars & Sense: Untapped U.S. oil; the NFL's moneymaking machine
March 9th, 2011
04:54 PM ET

Dollars & Sense: Untapped U.S. oil; the NFL's moneymaking machine

 A roundup of today's CNNMoney news:

Billions of barrels of untapped U.S. oil: In the grasslands of western North Dakota, one of the country's richest oil men is using a controversial gas drilling technology to develop what could be the biggest domestic oil discovery in the last 40 years.

Where gas prices hurt the most: Hey California, stop whining about $4 gas. As gas prices have surged 13% over the last month, Mississippi is feeling the worst pain at the pump.

Banks are lowering credit card rates: More than 1 million Bank of America customers saw their credit card rates decrease last month, the nation's largest credit card issuer confirmed this week. And more cuts are coming from all the big banks.

Inside the NFL’s $9.3 billion money machine: Just how lucrative is the NFL? Its vast riches are roughly equivalent to the GDP of Macedonia, and slightly more than eBay's 2010 revenues.

Gilt Groupe hacks its own site: The online fashion retailer is one of a growing number of companies using 24-hour hackathon sessions to create better products.

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soundoff (27 Responses)
  1. Philip

    @david..."fast track" refineries? LMAO. It's been about 30 yrs. since the government has allowed any new refineries. If gasoline were priced like other commodities, gas would cost about .30 per. gal. Big oil is big and abroad.

    March 10, 2011 at 1:37 pm | Report abuse |
    • Scottish Mama

      Make it so?

      March 11, 2011 at 3:37 pm | Report abuse |
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