Weather Environment

  • Change in Negotiators Shakes Up US-China Trade Policy

    The rare congruity of the political calendars in the United States and China, with both countries choosing leaders this month, is about to produce an equally rare replacement of most of each side’s senior trade negotiators, with unpredictable results for bilateral economic relations.  The NYT reports.

  • Israel's Gaza Offensive May Trigger $5 Spike in US Oil: Pro

    The latest bout of turmoil to grip the Middle East - Israel's offensive against Palestinian militants in the Gaza Strip - could trigger a spike in U.S. crude prices past $90 a barrel if the conflict escalates, said an expert, but the move higher will be short-lived since well-stocked global inventories should cushion the blow from any supply disruption.

  • Israel's Gaza Offensive May Trigger $5 Spike in US Oil: Pro

    The latest bout of turmoil to grip the Middle East - Israel's offensive against Palestinian militants in the Gaza Strip - could trigger a spike in U.S. crude prices past $90 a barrel if the conflict escalates, said an expert, but the move higher will be short-lived since well-stocked global inventories should cushion the blow from any supply disruption.

  • Obama: Climate Change is Real

    President Obama offers his views on changing climate patterns and discusses whether government will put in place legislation that counters it.

  • Elon Musk, CEO Tesla Motors

    During the final weeks of the presidential campaign, Republican nominee Mitt Romney called Tesla a “loser.” Romney was lumping Tesla in with Solyndra, Fisker, A123 and lithium-ion cell maker Ener1.

  • In China, Spending on Industrial Projects Stirs Growing Resistance

    The cabinet of China has ordered that all major industrial projects must pass a “social risk assessment” before they begin, a move aimed at curtailing the large and increasingly violent environmental protests of the last year, which forced the suspension or cancellation of chemical plants, coal-fired power plants and a giant copper smelter. The NYT reports.

  • Oil Prices May Ease on Favorable Supply Outlook: Survey

    Oil prices may ease this week as the focus returns to a favorable outlook for supply, even as recent data suggests China’s economy is stabilizing and signs that a political compromise will be reached to avoid massive U.S. fiscal tightening emerge.

  • Gas Rationing Expands as Sandy, Nor'Easter Effects Linger

    New York City drivers will wake up on Friday to the first widespread gas rationing since the fuel crisis of the 1970s, as the U.S. Northeast struggles to recover from the devastation of Superstorm Sandy and a subsequent snowstorm.

  • Europe’s Fears Over US Energy Gap

    Europe’s ability to compete against the US as a manufacturing center is being damaged by rising energy costs as North America benefits from cheap natural shale gas, Germany’s biggest companies have warned, the FT reports.

  • Auto Bailout 'Absolutely' Right Decision: Nardelli

    The U.S. government’s controversial decision to rescue failing auto manufacturers was “absolutely’ the correct decision, the former head of Chrysler told CNBC Wednesday, arguing that the sector is on a road to recovery.

  • Nasty Nor'easter Headed For the Northeast

    Meteorologist Todd Gross says the major issue with the nor'easter headed for the Northeast is that there are still leaves on the trees, which will cause limbs to come down.

  • Tracking the Nor'easter

    Meteorologist, Todd Gross has the update on another major storm barreling up the East Coast.

  • First Sandy... Now A Nor'easter

    There is a real threat of significant snow in the New York metropolitan area, reports Meteorologist Todd Gross.

  • We’re Not Looking for Rosneft Deal…Yet: Lukoil

    In the end, the rumored pre-election release in mid-September of U.S. strategic oil reserves, aimed at easing high gasoline prices, never materialized. But if the tense political backdrop in the Middle East escalates, many believe supply threats will return to the fore, sending the price of benchmark Brent crude oil past $120 a barrel and renewing calls for a release of emergency supplies.

  • Nor'easter & the Election

    When the weather is bad, it generally favors Republicans, and we are forecasting rain in Northern Florida tomorrow, reports Paul Walsh, The Weather Channel; and there's a chance a winning candidate will not be announced tomorrow, with Keith McCullough, Hedgeye Risk Management founder & CEO.

  • Mideast Crisis May Trump Macro Risks in Oil Market 'Tug of War'

    Oil prices may gain this week after data from the world’s two largest economies showed growth is stabilizing, but strategists warn leadership transitions in the U.S. and China will form the next set of challenges and could undermine any rally if policymakers don’t deliver a clear roadmap on fiscal and economic reform.

  • Search for Gas Continues

    Lack of electricity is the biggest issue as stations without power cannot pump, reports NBC's Tom Costello.

  • Expert Warns of ‘Gunfire’ If Gas Shortages Continue

    Long lines snaking around gas stations in New York and New Jersey in the aftermath of Hurricane Sandy could “get to gunfire” if officials don’t impose fuel rationing, an affordable energy advocate told CNBC Friday.

  • Trains Roll, but Northeast Struggles Back From Sandy

    CNBC reached out to some executives to hear how they’ve been impacted by Hurricane Sandy and how they are adapting their business during the recovery

  • Building Back the Economy?

    While rebuilding can be an offset to the losses from natural disasters, it's the general economic thinking that you rarely end up positive when all the costs are counted, reports CNBC's Steve Liesman.