U.S. shale has put the country on the same terrain as Saudi Arabia and Russia. In the process, it may turn oil into a safe haven.» Read More
Plus, a call on natural gas.
With the summer ending this weekend and the outlook for a warmer-than-normal winter, prices might be expected to stay below $4.00 for the foreseeable future. Not so fast.
Chesapeake Energy, one of the country’s largest gas producers, boasts that its “offensive” hedging strategies have created more than $5 billion in gains in the last decade. But as it piles on longer-dated bets on gas prices, juicing short-term cash supplies and potentially curbing future profits from rising prices, some analysts and investors have grown concerned.
Fossil fuels will continue to be a vital component of the world's energy mix for many years, and natural gas will increasingly play a more prominent role, according to global energy leaders speaking today at the World Energy Congress in Montreal.
It’s only a matter of time, Cramer said.
A new deal has made this propane player a new king in natural-gas storage.
Even as regulators investigate the causes of the Deepwater Horizon disaster, the broader dangers posed by the industry’s push into deeper waters have gone largely unscrutinized. The New York Times reports.
To really know if we have succeeded, to really know if we have created a New Orleans region better than before, we have to go out ten years. Here we will find the “new normal” that will come to pass after the Katrina money has run dry, and the economy is left to stand on its own.
Here’s what the president needs to do to help the markets.
Plus, get calls on tech, media and more.
The energy name looked like a good play at the time, so how did Brian Kelly of Kanundrum Capital get burned? Find out in this exclusive CNBC.com feature.
The private sector has found success elusive. Now the federal government is stepping up its efforts to develop alternatives to gasoline, reports The New York Times.
The entire energy industry thinks that pressure pumping—also known as fracking—is going to be the best play and "our future," said Daniel Dicker, independent oil trader and contributor to TheStreet.com. But there are a couple of reasons why investments in that space may be “dead in the water” for at least the next two to three quarters.
Here's what analysts and others say they're watching before the bell Wednesday.
If you're looking for action, try grains, but even that may be iffy. It all depends on the weather.
CEO Andrew Littlefair talks nat-gas incentives and more with Mad Money.
Cramer goes to a high-ranking Democrat in the lower chamber to find out.
With financial regulatory reform now law, the 'Fast' desk discusses how it will affect the credit card company's bottom line in the future.
BP's board is expected on Monday to name an American, Robert Dudley, as its chief executive, replacing Tony Hayward, whose repeated stumbles during the company’s three-month oil spill in the Gulf of Mexico alienated federal and state officials.
Despite the April 20 Deepwater Horizon disaster, BP has no plans to leave the Gulf of Mexico or stop drilling for oil in other deep ocean waters. The NYT explains.