PROGRAM HIGHLIGHTS
Alaska's north slope is one of the most remote and valuable places in America. On one side..Alaska's National Petroleum Reserve, home to billions of barrels of oil. On the other side... the much debated Arctic National Wildlife Refuge or ANWR.
Sarah Palin, is the Governor of Alaska and Senator John McCain's Vice Presidential candidate, knows the oil business better than most. Her husband has worked the slope for nearly 20 years. Palin is front and center in the oil debate.
The world is a well-oiled machine. As the country consumes more crude, the debate rages on ... is there enough and how long will it last? Currently, the world burns 81 million barrels a day and that's expected to jump to 120 million barrels by 2030.
Geo-scientists, roughnecks, and roustabouts may be looking far and wide for more oil...but, they're coming up dry. Most oil experts agree, we may be approaching peak production from current fields.
American Oil companies are major league players here, but they're minor players in the global oil game. Navigating the complex geo-political scene can be treacherous. Companies often use a large part of their profits to pursue new oil around the world.
RELATED LINKS
- Energy Latest News
- "Twilight in the Desert"
- The Tyranny of Oil
- ConcoPhillips
- Larry Kudlow's Money Politics Blog
- Wall Street Journal Report with Maria Bartiromo
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CNBC's "Closing Bell" anchor and host of the "Wall Street Journal Report with Maria Bartiromo."
Read ProfileLATEST NEWS WIRES
- Oil Slips Toward $77 Ahead of US Inventories
Oil slipped towards $77 a barrel on Tuesday, held down by a firmer dollar, but trade was thin ahead of the U.S. Thanksgiving holiday and data that was expected to show crude stockpiles rising in the United States.
- Tuesday's Heavy Dose of Data to Dictate 'Risk' Behavior
Risk is on so far this holiday week, but the bigger question is how long will that trade work. Tuesday's calendar is heavy on news about housing and the consumer, including the revision to third quarter GDP.
- Schork Oil Outlook: Mission Impossible For The Bears?
The latest forecast is calling for some extreme cold in the 6-10 day outlook. This is the forecast the gas bulls have been waiting for, writes Stephen Schork.
- Stocks Face 20% Correction if Rally Cracks: Strategist
The asset-price rally is running out of momentum and will soon crack, which could lead to a 30 percent correction in oil and a 20 percent correction in stocks, Sean Corrigan, chief investment strategist at Diapason Commodities Management, told CNBC.com.
- Oil Slips Toward $77 Ahead of US Inventories
THE HUNT FOR BLACK GOLD NOW ON DVD
Can America Survive the Inevitable?
With rare access, CNBC's Maria Bartiromo speaks with industry leaders, exposing the deeper oil crisis that exists on the other side of the pump. DVD includes more than 20 minutes of bonus material, including an extended interview with Alaska Governor Sarah Palin.
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