*Changes in " Brussels consensus" likely to be only limited. These articles of faith are widely regarded as self-evident truths in the European Commission and the European Central Bank but are often regarded by voters as the cause of their misfortunes rather than the solution to them.» Read More
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.
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
Oil companies shut down production Saturday as an intensifying Hurricane Gustav churned toward the petroleum-rich waters of the Gulf of Mexico.
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.
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.
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.
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.
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.
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.
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.
Electric bikes range in price from a couple hundred dollars to several thousand. The types that are available vary depending on the country. Some models available in the U.S. and France:
Some of the new tracks…but not a majority…want to take the storm into the western shore of Florida in the Gulf of Mexico by Tuesday. Of course, whenever we are talking about anything 4 to 5 days out, we need to deal with change.
Ford Motor said Thursday its redesigned Ka city car would debut in the upcoming Bond film "Quantum of Solace," scheduled for release in North America on Nov. 7.
Texas oil billionaire T. Boone Pickens said on Thursday crude prices may soon fall as low as $110 a barrel amid falling gasoline demand, but should not sink below $100 because the United States depends heavily on oil imports.
BG strikes oil in Santos Basin off Brazil coast BG Group has made a "material" new oil discovery at its Iara well in Brazil's subsalt reserves, its sixth-straight success in the deep water Santos Basin since drilling began, the British gas producer said on Friday.
Boeing has announced the first cancellation of an order for its delayed 787 Dreamliner, signaling that airlines may be getting impatient for deliveries of the new, fuel efficient plane.
Airlines must "change the rules" in order to survive high oil prices and the other challenges the industry faces, said Doug Parker, chairman and CEO of US Airways Group.
Tropical Storm Edouard strengthened late on Monday as it churned across the Gulf of Mexico and will likely hit the Texas coast with near-hurricane strength, U.S. forecasters said.