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Oil and Gas Storage

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  • Hess to Exit Retail to Focus on Oil, Gas Exploration Monday, 4 Mar 2013 | 10:26 AM ET

    Hess will exit its retail, energy marketing, and energy trading businesses following pressure from an activist investor to break up the company.

  • California: Next Oil Frontier?  Thursday, 21 Feb 2013 | 2:45 PM ET

    The latest hunt for black gold is happening in California, with CNBC's Jane Wells.

  • Why Low 2013 Gas Prices Will Soon Evaporate Saturday, 5 Jan 2013 | 9:43 AM ET

    Gasoline prices are up 8 cents in the past two weeks and will likely continue climbing through April. Experts say the 2013 national average will likely top out at about $3.95 a gallon.

  • Natural Gas Inventory Down 73 BCF  Thursday, 6 Dec 2012 | 10:27 AM ET

    CNBC's Sharon Epperson breaks down the latest data from the EIA Inventory Report.

  • How Shareholders Are Squeezing the Fracking Industry Thursday, 15 Nov 2012 | 3:26 PM ET

    Activism surrounding fracking has now migrated into the ranks of actual shareholders in the companies that perform fracking.

  • New Jersey's Port Newark Opens  Monday, 5 Nov 2012 | 8:24 AM ET

    CNBC's Jackie DeAngelis reports the latest details on recovery progress in New Jersey, as the Garden State continues to implement a gas rationing system in 12 counties.

  • Unlocking Gas Gridlock in Garden State  Monday, 5 Nov 2012 | 8:16 AM ET

    CNBC's Kate Kelly reports on restoring the fuel supply in New Jersey; and John Eichberger, National Association of Convenience Stores, discusses the drop in oil prices, as tempers flare on long lines at gas pumps.

  • Sandy Leaves NY & NJ Area in Fuel Chokehold  Monday, 5 Nov 2012 | 6:04 AM ET

    CNBC's Kate Kelly reports storage facilities that gather and distribute gasoline and jet fuels are handicapped by flooding and power shortages.

  • Alleviating the Gas Shortage  Friday, 2 Nov 2012 | 9:17 AM ET

    When will relief come to those impacted by the aftermath of Hurricane Sandy? CNBC's Kate Kelly reports the outlook.

  • Hurricane Sandy Causes 'Gasmageddon'  Thursday, 1 Nov 2012 | 10:43 AM ET

    CNBC's Mary Thompson reports diminishing fuel supplies are causing gas lines to grow at the pump. And CNBC's Kate Kelly reports how a lack of terminals is choking off gas supplies to the New York City area.

  • Following the Gasoline Supply Chain  Thursday, 1 Nov 2012 | 6:48 AM ET

    CNBC's Kate Kelly reports on potential problems facing storage facilities that gather and distribute gasoline and jet fuel to the New York City region.

  • Gasoline futures continued to trade higher in the electronic session Thursday as the latest track of Hurricane Sandy looked headed straight for the heart of the East Coast refining industry.

  • California's Pipeline Problem  Thursday, 11 Oct 2012 | 2:40 PM ET

    Bill Allayaud, Environmental Working Group, says drilling isn't the fix in California's energy crisis.

  • Crude Oil Inventories Down 2.4M Barrels  Wednesday, 26 Sep 2012 | 10:30 AM ET

    CNBC's Sharon Epperson breaks down the latest EIA numbers on energy, with Raymond Carbone, Paramount Options.

  • EIA Inventory Report: Crude Oil Up 8.5M Barrels  Wednesday, 19 Sep 2012 | 10:30 AM ET

    CNBC's Sharon Epperson reports the latest numbers on crude oil and gasoline inventories.

  • Saudis Offer Extra Oil to Control Prices Tuesday, 18 Sep 2012 | 7:53 PM ET

    Saudi Arabia has offered its main customers in the US, Europe and Asia extra oil supplies through the end of the year, a sign the world’s largest exporter is worried about the impact of rising prices on the global economy.  The FT reports.

  • Oil tanker

    Of  all the major oil-producing countries in the world, only four are showing a long-term decline in production capacity by 2020.  Factors like  the recent showdown with Iran over its nuclear program are more influential, according to a Harvard University report.

  • Keystone XL Looking Like Pipeline to Nowhere Thursday, 28 Jun 2012 | 11:44 AM ET
    Alberta Oil Sands

    Four and a half years of studies and five failed votes in the House of Representatives later, the massive Canadian-US pipeline is stuck at the Canadian border. And that won't change anytime soon.

  • OPEC Market Share To Hold Steady: Forecast Wednesday, 27 Jun 2012 | 3:42 PM ET
    off shore oil rig

    The DOE's Energy Information Administration expects the cartel's share to remain at the current 40 percent, while US domestic output rises.

  • EU to Ban the Buying of Iran's Oil  Monday, 25 Jun 2012 | 1:10 PM ET

    In one week, a EU-wide ban on Iranian oil goes into effect along with EU-wide ban on insuring any ship carrying Iranian oil, with John Hofmeister, Shell's former president & CEO.