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Weather Environment


  • BP Spill Nears Somber Record as Gulf's Biggest Gusher Thursday, 1 Jul 2010 | 11:39 AM ET
    Workers use a vacuum as they continue the cleanup of oil in Barataria Bay June 19, 2010 near Grand Isle, Louisiana.

    BP's massive oil spill will become the largest ever in the Gulf of Mexico by Thursday based on the highest of the federal government's estimates, an ominous record that underscores the oil giant's dire need to halt the gusher.

  • Why the big money name thinks construction of the "relief" well is ahead of schedule.

  • US Needs to Exploit Nat Gas Reserves: Pickens Wednesday, 30 Jun 2010 | 11:22 AM ET

    The massive oil spill in the Gulf of Mexico has sparked more talk of a move to clean energy, and billionaire energy investor Boone Pickens, founder of BP Capital Management, is among those calling for action.

  • Deepwater Oil Risks Greater Than Industry Admitted Wednesday, 30 Jun 2010 | 10:58 AM ET
    Smoke rises from a controlled burn May 19, 2010, in the Gulf of Mexico.

    More than two months after the Deepwater Horizon sank, it is now clear the energy industry doesn't know exactly how to stop a blowout in deepwater or how to clean up a massive spill.

  • MacDonald: Damage from Gulf Disaster Will Last Lifetime Wednesday, 30 Jun 2010 | 9:47 AM ET
    Cody Fonseca (left) and his brother Chris sort through blue crab caught in the Barataria-Terrebonne National Estuary at the La Blue Crab Company on May 3, 2010 in Larose, Louisiana,

    Despite all the skimmers and sweepers, most of the oil leaking into the Gulf of Mexico sinks to the bottom or washes up on the shore and then sinks down in shallow layers below the sand, profoundly restructuring the ecosystem. The change cannot be undone in a lifetime.

  • Kaminsky's Call: Tony Hayward Needs to End Speculation Tuesday, 29 Jun 2010 | 1:03 PM ET
    Tony Hayward

    The company is making a serious mistake by being so secretive about the true nature of it capital needs.

  • QUIZ: Crude Realities Tuesday, 29 Jun 2010 | 10:33 AM ET
    Floor hands and engineers adjust a down hole motor used for directional drilling on a natural gas drilling platform.

    How much do you know about the oil industry and the different types of oil out there? Take this quiz and find out.

  • Collateral Demands Growing for BP Monday, 28 Jun 2010 | 3:50 PM ET
    BP sign

    Some of BP’s other trading partners, or counterparties, are asking for letters of credit from banks to guarantee that BP will make good on future trading debts, says one of the people familiar with the matter.

  • Greenberg: A Sub-Prime Credit Card Lender? Monday, 28 Jun 2010 | 3:23 PM ET
    credit cards

    Gander Mountain charged that on co-branded cards—these are cards that can be used anywhere as a Gander Mountain Master Card—ADS won’t give credit to Gander Mountain customers with FICO scores above 800.

  • Tamminen: Where the Smart Money Goes Next Monday, 28 Jun 2010 | 10:41 AM ET

    More than two thirds of major corporations globally plan to spend up to 5 percent of their revenues on carbon cutting initiatives over the next two years.

  • As Drilling Increases, Cleanup Technology Lags Saturday, 26 Jun 2010 | 1:22 PM ET
    Workers use a vacuum as they continue the cleanup of oil in Barataria Bay June 19, 2010 near Grand Isle, Louisiana.

    While oil companies have spent billions of dollars to drill deeper and farther out to sea, relatively little money and research have gone into finding new, improved ways to respond to oil spills in deepsea conditions like those in the Gulf of Mexico.

  • Four Things To Watch Next Week Friday, 25 Jun 2010 | 7:12 PM ET

    Cramer breaks down the biggest indicators of the markets that will unfold in the days to come.

  • Kaminsky's Call: Smart Tips for Investors Friday, 25 Jun 2010 | 10:36 AM ET
    Stock certificates

    Watch how the dumb money invests so you can make smart decisions, says Gary Kaminsky of CNBC's "The Strategy Session."

  • British Firm Aims to Rescue Gulf of Mexico Friday, 25 Jun 2010 | 6:32 AM ET

    With US/UK relations under strain because of the BP oil spill in the Gulf of Mexico, a group of Brits intends to try and give a helping hand.

  • BP Bond Offering Hits a Snag Wednesday, 23 Jun 2010 | 4:57 PM ET
    BP sign

    It soon became clear that the “risk factors” section of the documents, in which BP would lay out the perceived risks to its bondholders, was too delicate an explanation to rush, says one of the people familiar with the matter, and the company realized it would likely need at least another week to finish the prospectus.

  • Gulf Spill Forces Oysters Off Red Lobster's Menu Wednesday, 23 Jun 2010 | 2:34 PM ET

    Red Lobster will soon take oysters off its menu, after its supplier was forced to shut down due to oil spill in the Gulf.

  • NextEra CEO: Solar Energy Is the New Wind Energy Wednesday, 23 Jun 2010 | 11:46 AM ET

    The oil spill in the Gulf of Mexico underscores why our nation needs to focus more on renewable and cleaner sources of energy said, NextEra Energy Chairman and CEO Lew Hay. 

  • Accidents Will Happen Wednesday, 23 Jun 2010 | 11:05 AM ET
    The coal fueled Fiddlers Ferry power station emits vapour into the night sky in Warrington, United Kingdom.

    What if Deepwater Horizon was a nuclear plant?

  • Chinese Firms Using 'Back Door' to US Exchanges Tuesday, 22 Jun 2010 | 12:03 PM ET

    With so much attention on Chinese stocks, something that gets very little attention: US-listed Chinese companies that went public through the back door. The back door, in this case..?

  • Farrell: Trade War Diverted and Tony Did What? Tuesday, 22 Jun 2010 | 11:38 AM ET

    The threat of a trade war between the US and China is greatly reduced. The move should help combat Chinese inflation a little by making imports less expensive. The only major country the Chinese have a trade surplus with is the US. Exporters to China should still see better trade as the richer currency buys more.