America's Oil Crisis
FEATURED STORIES
- Energy Plays: How to Profit From the Oil-Price Boom
The seemingly endless surge in energy prices is lightening wallets at gas stations, but it's also a potential bonanza for investors.
- Bush to Urge Lifting of Ban on Offshore Drilling
President George W. Bush will make an announcement on Wednesday about energy and call on Congress to pass legislation lifting a ban on offshore oil drilling, the White House said.
- Profiting from Oil: Apache, Devon & More
As President Bush called for dropping the ban on offshore oil drilling, CNBC asked the experts how to profit from oil.
- Global Energy Officials Mull Ways to Tame Oil
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.
- Dearth of Ships Delays Drilling of Offshore Oil
In recent years, this global shortage of drill-ships has created a critical bottleneck, frustrating energy company executives and constraining their ability to exploit known reserves or find new ones. Slow growth in oil supplies, at a time of soaring demand, has been a major factor in the spike of oil and gasoline prices.
- Non-OPEC Oil Output Not Expected to Grow in 2008
Oil supply from countries outside OPEC, source of three in every five barrels, is stalling this year and may even decline, keeping the heat under record-high oil prices.
SPECIAL REORT: AMERICA'S ENERGY CRISIS
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