BISMARCK, N.D.— The Standing Rock Sioux Tribe is suing federal regulators for approving permits for a $3.8 billion pipeline that will move oil from North Dakota to Illinois. Tribal officials filed the lawsuit Wednesday against the U.S. Army Corps of Engineers. The Standing Rock tribe opposes the Dakota Access Pipeline, which is planned by Dallas- based Energy... » Read More
Oil prices have been jumping because of concerns about supply disruptions in the Mideast, but it turns out there is a glut of oil supply in the Midwest.
With gasoline prices at $4 a gallon, it's clear we should double down on our oil war strategy, but this time go after reserves that aren’t so far away—Canada.
If Saudi raised oil production to 9 million barrels per day, then they've chosen a good time to do it.
If unrest in the Middle East continues at the current pace, it will be hard to persuade investors that events will not spill over into Saudi Arabia, an analyst told CNBC.
Who better to help us end our addiction to fossil fuels than someone from a country that has a distinguished history of literally worshipping the sun?
A new drilling technique is opening up vast fields of previously out-of-reach oil in the western United States, helping reverse a two-decade decline in domestic production of crude.
The country is about to get hit with another blast of wintry weather, reports WSI Global Forecasting Services. Here's the forecast and a look at possible disruptions that may result.
We can have it all—lower taxes, cheap gasoline, less government, and a total disregard for global problems like climate change—if we just eliminate our wasteful spending on education.
Shi Agassi, CEO and founder of A Better Place, is at Davos, promoting his company, which provides services for electric vehicles.
The price of oil per barrel, now above $86, could top $100, then head up to $130 over time, due to the growing world population, James Rogers, president, chairman and CEO of Duke Energy, told CNBC Wednesday.
President Obama's overtures about ridding the US of dependence on foreign oil were encouraging but should have gone further, energy financier T. Boone Pickens told CNBC.
A new technology designed to protect drivers from potentially deadly collisions and stop thousands of fender-benders is moving closer to being a standard part of every car and truck. In fact, it could be in every new car within the next five to six years.
The author explains in his new book how companies such as Cisco Systems have embraced ways to reduce their carbon footprint and save "big-time" money in the process.
In their new book, "IN TOO DEEP: BP and the Drilling Race That Took it Down," the authors take us behind the scenes examining the people and the culture to help explain how the "tragedy of the Deepwater Horizon was not simply a horrible accident. It was a disaster that many say was long in the making, was foreseeable, and almost inevitable."
"The rules of the game changed in really 2007, 2008 and 2009, and everybody is trying to figure out how they adapt to that environment," Raymond said.
The four-day shutdown of the Trans Alaska Pipeline, which sent a jolt through world energy markets, pushing the price of oil up $4 a barrel in two trading days, could be a sign of things to come.
General Motors is on the road to recovery after its successful IPO in November. One of the drivers leading this charge, GM Vice Chairman Stephen Girsky, told CNBC on Tuesday there are several factors contributing to the automaker’s turnaround.
I've often said that nine out of ten mergers create little to no value, but perhaps Monday's deal between Progress Energy and Duke Energy will be one of the few that do, and here's why.
The shut down of a major Alaskan pipeline responsible for nearly 10 percent of US crude oil output for a second day has resulted in another black-eye for BP, many analysts say, but it could also have ramifications for other oil producers as well as crude oil prices in the days and weeks ahead.
General Motors says its U.S. sales for December of 2010 were up 16 percent over the same time in 2009. This was much better than analysts had expected.