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  • IMF Chief: Fuel Subsidies Won't Counter High Oil Friday, 13 Jun 2008 | 6:01 AM ET

    The International Monetary Fund is opposed to general fuel subsidies to counter the high price of oil, and would prefer measures that target the poor, IMF chief Dominique Strauss-Kahn said in a newspaper interview.

  • The Synergies of Energy Friday, 13 Jun 2008 | 4:19 AM ET

    Energy prices have been absolutely sizzling hot, more than doubling the last 12 months. And with heavyweights like Goldman Sachs predicting that prices will hit $150 a barrel by this summer, everyone -- from producers to governments to motorists -- has been obsessed with where oil prices are going.

  • Russia's Gazprom Predicts $250 Oil by 2009 Tuesday, 10 Jun 2008 | 4:15 PM ET
    Gazprom

    Russia's Gazprom, the supplier of a quarter of Europe's natural gas, expects the price of crude oil to almost double as the decade draws to a close, taking gas prices with it.

  • Saudis Boost Oil Output: Ministry Sources Tuesday, 10 Jun 2008 | 9:42 AM ET

    Saudi Arabia's oil output increase by almost 500,000 barrels a day this quarter, to 9.54 million barrels, CNBC has learned from sources in the Saudi Oil Ministry.

  • IEA Cuts World Oil Demand Forecast Tuesday, 10 Jun 2008 | 8:13 AM ET

    World oil demand will rise at its slowest pace in six years during 2008 as a raft of fuel subsidy cuts in Asia erodes consumption, the International Energy Agency said on Tuesday.

  • OPEC Can't Affect Volatility: Nigerian Oil Min. Monday, 9 Jun 2008 | 3:54 AM ET

    OPEC is powerless to affect the volatility in world oil prices and an emergency meeting would only fuel speculation and exacerbate the problem, Nigerian Oil Minister Odein Ajumogobia said on Monday.

  • Global Energy Officials Mull Ways to Tame Oil Saturday, 7 Jun 2008 | 10:43 AM ET

    Energy officials from the world's top consumer nations met to discuss ways to tame record prices on Saturday, a day after oil's biggest one-day surge on record. The U.S. energy chief singled out cheap fuel in Asia -- notably  China and India -- as part of the problem.

  • Natural Gas Getting Hotter as Asian Demand Grows Friday, 6 Jun 2008 | 1:11 PM ET
    Natural Gas

    Global gas assets, especially in countries like Australia, have become a red-hot commodity as companies race to outbid each other for the clean energy to meet a spike in Asian demand that outpaces supply.

  • As Energy Costs Soar, US Looks to Solar Friday, 6 Jun 2008 | 10:28 AM ET
    Winemaker Greg Allen walks between floating solar panels on a pond behind the Far Niente winery in Oakville, Calif. The winery is trying out a new approach in the volts-for-vines tradeoff, saving vineyard space by floating solar panels on a pond that recycles water left over from the winemaking process. (AP Photo/Eric Risberg)

    Apple is considering harnessing the sun to power its iPod music players. California's Ironwood prison is installing more than 6,000 solar panels, and Boston's Fenway Park is tapping solar power for Red Sox baseball games.

  • IEA Urges "Energy Revolution" to Halve CO2 Friday, 6 Jun 2008 | 7:34 AM ET

    World governments must quickly start a $45 trillion "energy technology revolution" that could drive up the cost of producing carbon ten-fold, or risk emissions surging by 2050, the West's energy watchdog warned on Friday.

  • Web Sites That Help You To Live The Green Life Wednesday, 4 Jun 2008 | 1:53 PM ET

    Today Discovery's launches its Planet Green eco-tainment cable channel, and the number of eco-friendly products on the market makes it clear that Green is H-O-T. National Geographic launched "Green Guide," its first service magazine.

  • Planet Green

    Tomorrow Discovery launches Planet Green, replacing its home network with the first 24/7 network dedicated to environmentally-friendly programming. The new buzz word is "eco-tainment" and the company that gave us the highly-rated "Planet Earth" series is betting it'll be in high demand.

  • 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.

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