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Environment

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  • Coal Expansion in Montana Hinges on Election Results Tuesday, 3 Jun 2008 | 10:26 AM ET

    Underneath Montana lies an estimated $1.5 trillion of coal, but with uncertainty about future environmental rules, investors are wary about opening new mines in the rugged Western U.S. state.

  • Oil Price Crash Not Imminent Despite Bubble: Soros Tuesday, 3 Jun 2008 | 10:18 AM ET

    The phenomenal rise in oil prices show signs of a bubble, but a crash is not imminent, billionaire hedge fund manager George Soros told U.S. lawmakers on Tuesday.

  • .Countrywide will be swallowed up by Bank of America sometime this summer, barring any last minute surprises. How will BofA celebrate? If this YouTube video is any indication, it will involve twisting a U2 hit into something Michael Scott would sing to motivate his staff on "The Office."

  • Senate to Take Up Landmark Climate Legislation Monday, 2 Jun 2008 | 9:26 AM ET
    Washington D.C.

    With the country in the grips of  near-hysteria over soaring gasoline prices, Congress begins debate Monday on landmark climate legislation that critics say will substantially increase energy costs – and not produce any of the intended environmental benefits.

  • Iran Builds 7 Refineries To Boost Capacity Saturday, 31 May 2008 | 9:45 AM ET
    An oil refinery in Elizabeth, N.J. is shown in this aerial photo of Wednesday, Aug. 29, 2007. Oil prices extended their rise above $78 a barrel Wednesday, Sept. 12, 2007 after finishing at a record close the previous session as a production increase from OPEC failed to calm market concerns about the availability of supplies for winter in the Northern Hemisphere. (AP Photo/Mark Lennihan)

    Iran is constructing seven refineries in an effort to boost its crude and gas refining capacity by more than 1.5 million barrels per day (bpd), a senior oil official was quoted as saying on Saturday.

  • Hurricane Season May Be A Perfect Storm for Energy Friday, 30 May 2008 | 10:42 AM ET

    The 2008 hurricane season officially begins on Sunday, and active season could have serious implications for energy prices.

  • CEOs Sound Off on America's Oil Crisis Thursday, 29 May 2008 | 11:48 AM ET

    CEOs on the frontlines of America's oil crisis discuss the effects soaring gasoline prices are having on their businesses and their customers.

  • $4 Gas Has Consumers at 'Tipping Point': AutoNation CEO Thursday, 29 May 2008 | 11:24 AM ET

    AutoNation CEO Mike Jackson joined the CNBC 'Squawk Box' crew to discuss the effects higher gasoline prices are having on the automotive industry and consumers.  Americans, he said, have finally reached the "tipping point" at four dollars a gallon.

  • Oil Prices Could Be Nearing A Peak After Record Rise Wednesday, 28 May 2008 | 5:01 PM ET
    Oil Refinery

    The unprecedented run-up in oil prices may finally have reached a peak as the dollar stabilizes, Saudi Arabia boosts production slightly and demand slows, analysts say.

  • Exxon Holders Reject Split of CEO, Chairman Roles Wednesday, 28 May 2008 | 2:13 PM ET
    Exxon Mobile

    Slightly less than 40 percent of shareholders voted at the oil company's annual meeting Wednesday to create an independent chairman.

  • Indonesia Unhappy with Costly Oil, Quits OPEC Wednesday, 28 May 2008 | 10:03 AM ET

    Indonesia will quit the Organization of the Petroleum Exporting Countries because as a net oil importer it is not happy with high global crude prices, the energy minister said on Wednesday.

  • Rockefellers to Face Off with Exxon CEO at Meeting Wednesday, 28 May 2008 | 7:57 AM ET
    Exxon Mobile

    Exxon Mobil has scrapped with Venezuela's Hugo Chavez over nationalized oil projects and sparred with U.S. senators over high oil prices.

  • China "Quake Lake" Fears Prompt New Evacuation Wednesday, 28 May 2008 | 12:01 AM ET
    An earthquake survivor looks for remains from his collapsed house following last week earthquake in Leigu near the town of Beichuan, southwest China's Sichuan Province Tuesday, May 20, 2008 .(AP Photo/Oded Balilty)

    China has evacuated more than 150,000 people living below an swollen lake formed by this month's devastating earthquake amid fears it could burst and trigger massive flooding, state media said on Wednesday.

  • Strong Aftershock Causes More Misery in China Sunday, 25 May 2008 | 7:28 PM ET
    A man searches for his relatives in the debris of collapsed buildings at earthquake-hit Beichuan County in Mianyang of southwest China's Sichuan province, Thursday, May 15, 2008. The deadliest earthquake to hit China in decades has killed at least 19,509 people and the toll is likely to rise sharply as tens of thousands more remain buried under debris three days after the Monday tremor.(AP Photo/Color China Photo)**CHINA OUT**

    A strong aftershock jolted southwest China killing at least one person and injuring 400 others, state media said, nearly a fortnight after a big earthquake killed tens of thousands in the same area.

  • Gasoline Prices Soar as Memorial Holiday Begins Friday, 23 May 2008 | 11:52 AM ET
    New York Gas Prices at $4 per gallon

    As consumers began hitting the road Friday for the Memorial Day weekend, they faced the sobering reality that it now costs $87 to fill a Ford Explorer SUV, up $14 from last year, and $72 to fill a mid-sized Honda Accord, up $12

  • Rains Threaten China Quake Lake Disaster Friday, 23 May 2008 | 1:06 AM ET
    A man searches for his relatives in the debris of collapsed buildings at earthquake-hit Beichuan County in Mianyang of southwest China's Sichuan province, Thursday, May 15, 2008. The deadliest earthquake to hit China in decades has killed at least 19,509 people and the toll is likely to rise sharply as tens of thousands more remain buried under debris three days after the Monday tremor.(AP Photo/Color China Photo)**CHINA OUT**

    The onset of the rainy season threatens to swell dangerous "quake lakes" and compound the difficulties of reconstruction after China's worst earthquake in decades.

  • Every $10 Oil Rise Ups US Air Force Costs $610 Million Thursday, 22 May 2008 | 10:09 PM ET
    An American F-18 aircraft lands onboard the USS Nimitz on Monday, June 4, 2007, in the Persian Gulf, where the Nimitz and the USS John C. Stennis aircraft carrier groups are on patrol. The United States has its largest naval force in the region since just before the 2003 invasion of Iraq as concern grows it could attack Iran over the Persian nation's nuclear program. (AP Photo/Hasan Jamali)

    The U.S. Air Force operates the "world's largest airline" and every $10-per-barrel increase in crude oil boosts its annual operating costs by $610 million, Air Force Secretary Michael Wynne said on Thursday.

  • As Oil Prices Spike, So Does Market Anxiety Thursday, 22 May 2008 | 4:48 PM ET

    Its price has become one of the most widely discussed, debated and feared topics on Wall Street and on Main Street. But what's next? Will it continue to climb toward a "super spike" or have we seen the top for oil prices?

  • Ford No Longer Sees 2009 Profit, Cuts Production Thursday, 22 May 2008 | 4:36 PM ET

    Ford Motor warned on Thursday that it no longer expects to meet a key target of returning to profitability in 2009 and would cut production through this year in response to a slumping U.S. auto market.

  • Tell Us: Who's to Blame for America's Oil Crisis? Thursday, 22 May 2008 | 11:00 AM ET

    Tell Us: Who's to Blame for America's Oil Crisis?