Even as U.S. shale companies pursue mergers, analysts don't expect them to become echoes of Big Oil deals that eventually fell flat.» Read More
When President Obama was inaugurated, gas was selling for $1.90 a gallon, and it is now nearly $4.00. Mr. Obama says he needs four more years to change America—if reelected can we look forward to $8.00 a gallon?
The looming Iranian oil embargo has heightened the concern of risk to global oil supplies. Meanwhile, energy production in this country is booming.
Gas prices have pushed the economy into the early stages of demand destruction, said Richard Hastings, a consumer strategist at Global Hunter Securities. He said he expects to see a mild reduction in retail sales growth starting in May.
Weaker manufacturing data from China and the euro zone weighed on oil prices Thursday. The May 12 West Texas Intermediate futures contract dropped below key support of $104.88, which is the 50 percent retracement of the February rally that took the contract from $98.38 to $110.95.
CNBC's Eamon Javers & Sharon Epperson have the details on the President's fast-track permit plan for the Keystone Pipeline construction; Insight on whether America will become the new Middle East if regulatory handcuffs come off, with Edward Morse, Citigroup, and discussing whether speculators are to blame, with Rep. Peter Welch, (D-VT).
Is oil a buy or sell right now? Darren Wolfberg, BNP Paribas director of energy trading, says he is staying bullish on oil for the long-term.
CNBC's Jim Cramer shares his view on the markets ahead of today's trading session.
Insight into how rising gas prices are hurting the travel industry, with Hamish Dodds, Hard Rock Intl. president/CEO.
The reality is that we have restrictions on drilling and it is impeding the development of new fields, says Robert McNair, Houston Texans owner, who adds there is more product that could be brought to the market. McNair also discusses progress in the Texas economy.
This name trades like it’s just another part of the oil and gas complex, but it is actually an innovative tech company.
National Oilwell Varco is one of the dominant players in oil services, says Mad Money's Cramer, because it has unparalleled technology that seems impossible for the competition to duplicate, and that makes the stock a "buy".
Oil prices are nearly up 8% this year and Scott Burk, of Canaccord Genuity, says offshore drillers stand to benefit with daily rig rates going to $600,000 for premium rigs.
Charif Souki, Cheniere Energy CEO, discusses his company's plans to spend billions on natural gas export terminals.
Insight on what would happen to oil and gas prices if the threatened conflict with Iran became a reality, with John Gerdes, Canaccord Genuity.
TransCanada plans to move forward with a portion of the Keystone XL Pipeline, in hopes of boosting the flow of crude from Cushing, OK, to the U.S. Gulf coast, with Alexander J. Pourbaix, TransCanada president.
Discussing some short term plans to reduce oil and gas prices, with T. Boone Pickens, BP Capital Management founder/CEO, who says the U.S. has the cheapest energy in the world.
Tim Rezvan, Sterne Agee vice president, energy research, reveals his four oil exploration and production plays, including Berry Petroleum, Occidental Petroleum, Pioneer Natural Resources, and Gulfport Energy.
BP's smaller-than-expected $7.8 billion settlement for 2010's oil spill could aid the firm's negotiations with the US government, Reuters European energy correspondent, Tom Bergin, told CNBC.
The Mad Money host sharpens his pencil and does some research on BreitBurn Energy Partners, Cray, and Companhia de Saneamento Basico. Also,Cramer answers viewer mail on stock and investment questions.
It is the hot topic from the gas pump to Washington to the trading pits at the New York Mercantile Exchange: Will rising tensions with Iran push energy prices back above 2008 record levels this spring? Fund managers are apparently betting that they will.