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  • Oil Prices Likely to Keep Falling Despite Big Drop Monday, 15 Sep 2008 | 5:12 PM ET

    Oil prices, which plunged nearly $6 on Monday as the Wall Street crisis rattled investors, is likely to continue falling even more, experts say.

  • Two Oil Rigs Break Loose after Ike Saturday, 13 Sep 2008 | 8:43 PM ET

    Two oil rigs broke loose from their moorings in the Gulf of Mexico during Hurricane Ike, CNBC has learned Saturday.

  • Russian Oil Giants Battle High Taxes, Lower Output Friday, 12 Sep 2008 | 6:51 PM ET
    Oil Barrels

    Home to abundant oil reserves, Russia rarely worried about where the next barrel would come from—until now.

  • Car Delivery: GM Thinking Green Friday, 12 Sep 2008 | 3:01 PM ET

    General Motors Corp. said Friday it delivered a hydrogen fuel cell electric vehicle to the Environmental Protection Agency as part of a market test for the technology.

  • US Oil and Gas Field Deaths Rising Sharply Wednesday, 10 Sep 2008 | 4:55 PM ET

    Deaths among those working the nation's oil and gas fields have risen at an alarming rate, The Associated Press has found.

  • OPEC Output Cut Won't Stop Oil Prices From Falling Wednesday, 10 Sep 2008 | 11:34 AM ET

    OPEC's decision to for a modest cut in production isn't likely to stop crude prices from heading lower in the coming months, analysts said.

  • Gustav Causes Little Damage to US Refiners Tuesday, 2 Sep 2008 | 3:16 AM ET

    Several major U.S. refiners said early checks on Monday showed their facilities were unharmed by Hurricane Gustav, but at least two others were said to be considering dipping into the U.S. Strategic Petroleum Reserve to keep operations going after the storm shut down key waterways.

  • OPEC Output Up for 4th Month in Aug: Survey Monday, 1 Sep 2008 | 10:05 AM ET

    OPEC oil supply rose for a fourth consecutive month in August, mainly due to higher output from Iran and smaller increases in Nigeria and Angola, a Reuters survey showed on Monday.

  • Hurricane Gustav Weakens To a Category One Storm Monday, 1 Sep 2008 | 9:47 AM ET

    Gustav weakened to a Category 1 hurricane as it approached the Louisiana cities of New Iberia and Lafayette with maximum wind speeds of 90 mph.

  • Gulf Coast Refineries Shut; Gas Prices Edge Higher Sunday, 31 Aug 2008 | 9:50 AM ET

    Hurricane Gustav's threat to the Gulf Coast halted about 15 percent of U.S. refining capacity Sunday, though for now prices at the pump have not risen dramatically

  • Gulf Oil Operations Closing As Hurricane Draws Near Saturday, 30 Aug 2008 | 1:45 PM ET

    Oil companies shut down production Saturday as an intensifying Hurricane Gustav churned toward the petroleum-rich waters of the Gulf of Mexico.

  • Gustav Grows Back into Hurricane Near Caymans Friday, 29 Aug 2008 | 3:58 PM ET

    Gustav strengthened back into a hurricane in the warm Caribbean on Friday as it left flooded Jamaica and churned toward the Cayman Islands, headed for the Gulf of Mexico on the third anniversary of Hurricane Katrina's deadly strike on New Orleans.

  • Decline in Gasoline Prices Unlikely to Boost Driving Friday, 22 Aug 2008 | 3:46 PM ET

    Americans are driving tens of billions of miles less these days, and experts don't expect that to change  unless gasoline prices drop much below $3.

  • Warren Buffett and Bill Gates sparked some speculation and discussion with their visit to Canada's oil sands region, but there's no hard evidence that they have actually invested, or will invest, in the energy source that some see as an alternative to U.S. reliance on Middle Eastern oil.  Even so, shares of Canadian Natural rallied today by just over seven percent to close at $82.91 in New York.

  • Today's Top Videos: Bill Gross, 'Green' Engines & More... Wednesday, 20 Aug 2008 | 6:27 PM ET

    The "bond kings" gather to comment on the credit crunch while the CEO of BorgWarner says his company has come up with a technology that improves fuel efficiency and lowers emissions for automobiles. Following are today's top videos:

  • Warren Buffett and Bill Gates flew into northeastern Alberta, Canada, yesterday (Monday) for a "quiet" visit to a multi-billion dollar project that, in effect, extracts oil from rocks.  The Calgary Herald reports on its website tonight (Tuesday) that Buffett and Gates were impressed by their tour of the Canadian Natural Resources Horizon oil sands development north of the small, but booming, city of Fort McMurray, roughly 1600 miles northwest from Omaha.

  • GM Won't Buy Advertising for 2009 Academy Awards Monday, 18 Aug 2008 | 12:03 PM ET
    General Motors Headquarters

    General Motors has pulled out of its longtime sponsorship of the Academy Awards, one of the biggest annual events on broadcast television, the Wall Street Journal reported on Sunday.

  • Tropical Storm Fay Heads Toward Florida Monday, 18 Aug 2008 | 9:29 AM ET

    A strengthening Tropical Storm Fay, which killed at least 57 people in the Caribbean over the weekend, took aim at Florida on Monday after breezing across Cuba and causing little damage.

  • 25 Greenest Colleges Friday, 15 Aug 2008 | 3:11 PM ET
    College rivalries are nothing new, whether it is academics or athletics. Now there's new competition over which are the greenest. Colleges across the country are making sustainability a priority to both help the environment  and raise their profile. Kaplan chose these 25 schools as the greenest for its 2009 college guide. Kaplan factored in environmental campus projects, courses offered and on campus student groups. Take a look at the alphabetical listing.

    College rivalries are nothing new, whether it is academics or athletics. Now there's new competition over which are the greenest. Kaplan chose these 25 schools as the greenest for its 2009 college guide.

  • Electric Bikes Selling Briskly as Gas Prices Climb Friday, 15 Aug 2008 | 10:34 AM ET

    When Honora Wolfe and her husband moved to the outskirts of Boulder, Colorado, she wanted an environmentally friendly way to commute to her job as a bookshop owner in the city.