MEAD, Colo.— Workers bustle at an oil and gas drilling site near Mead, Colo., a town of about 3,800 people north of Denver. The hydraulic fracturing operation, also known as "fracking," and others like it pump hundreds of thousands of gallons of water, mixed with fine sand and chemicals, deep underground to split the rock, and make the oil— and dollars— flow.» Read More
Harold Hamm, Continental Resources founder, chairman & CEO, discusses the huge potential in developing oil resources in North Dakota's Bakken shale fields, and a look at where gasoline prices are headed, with Lacey Plache, Edmonds.com chief economist.
Insight on what would happen to oil and gas prices if the threatened conflict with Iran became a reality, with John Gerdes, Canaccord Genuity.
CNBC's Sharon Epperson discusses the high price of gas, oil exploration in Alaska, and the future of natural gas, with Peter Voser, Royal Dutch Shell CEO. Also strategies for playing the oil space, with the Fast Money traders.
Insight on the future of crude oil's prices, with Helge Lund, StatoilHydro ASA, CEO, who discusses the company's future plans with CNBC's Sharon Epperson.
The U.S. can be energy independent in fewer than 10 years if it keeps developing domestic oil and shale gas fields, a TransCanada official told CNBC Tuesday.
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.
Gasoline prices are rising, currently averaging $3.72 a gallon. That means there’s opportunity for investors in drilling and refinery company stocks, Sterne Agee analyst Tim Rezvan told CNBC Monday.
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.
Mike Harrowell, Senior Resources Analyst, BBY, says supply and demand issues continue to dominate the oil market. He adds the price of oil at $120 will have a huge dampening effect on growth in Asia particularly.
Victor Shum, Managing Director, Purvin & Gert, says the spike in oil prices based on mere speculation of an explosion shows the oil market is extremely sensitive to major supply disruptions.
Consumers are already cutting back purchases at gasoline station convenience stores as the price at the pump rises, Gulf Oil CEO Joe Petrowski told CNBC Tuesday.
Gas prices are virtually guaranteed to soar — maybe even to $7 per gallon — as concerns over Iran push crude oil higher, Mercbloc President Dan Dicker said Friday.
To play this money-making trend, the “Mad Money” host listed his preferred oil and gas plays.
John Hofmeister, founder of Citizens for Affordable Energy and the former CEO of Shell Oil's U.S. operations, warned there is a "better than 50 percent chance" the price of gas will spike to $5 a gallon on continued heavy demand in emerging markets and poor public policy at home.
Canada will focus on exporting oil and other goods to China and other booming Asian economies even if Washington overturns its decision to block a pipeline that would have sent more Canadian crude to the United States.
Any decision by Iran to cut oil exports to the European Union will affect the price of oil and hurt the region's economy, OPEC Secretary General Abdalla Salem El-Badri told CNBC on Monday.
A price of $100 a barrel for oil is sustainable both for producers, who can invest and have enough income and for consumers, whose economies can flourish with oil at that level, OPEC Secretary General Abdalla Salem El-Badri told CNBC.
Despite natural gas prices falling to near 10-year lows last week, Shell's CEO Peter Voser says demand for gas will be much higher than oil in the long term with the Asia-Pacific region driving the sector's growth.
Daniel Stecich, TJM Institutional Services and CNBC's Rick Santelli discuss the Keystone pipeline debate.