NEW YORK, Dec 12- Gold tumbled 2 percent on Thursday as upbeat U.S. retail sales data stoked expectations of a cut soon in the Federal Reserve's stimulus program, and natural gas prices rose for a fourth straight day as colder weather gripped the United States. Coffee and silver were among other commodities that posted major price moves.» Read More
Sure, you can cry about high gas prices. But Cramer has a better idea.
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.
Natural gas in storage in the U.S. rose roughly in line with expectations last week but is 0.1 percent below the five-year average for this time of year, a government report said Thursday.
As energy concerns remain prevalent across the nation, CNBC asked the experts about investing in natural gas.
Imports of liquified natural gas have stalled just as domestic production appears insufficient to meet US needs, The New York Times reports.
CEOs on the frontlines of America's oil crisis discuss the effects soaring gasoline prices are having on their businesses and their customers.
Crude oil hit yet another record high today, crossing $130 / bbl for the first time ever. Yesterday on CNBC, Boone Pickens predicted $150 oil and on Friday, analysts at Goldman Sachs raised their outlook for crude oil prices during the second quarter of 2008 to average ~$140 per barrel.
Arjun N. Murti remembers the pain of the oil shocks of the 1970s. But he is bracing for something far worse now: He foresees a “super spike” — a price surge that will soon drive crude oil to $200 a barrel.
With billions of dollars now moving into geothermal energy projects around the world, it is no longer a marginal business, meriting a second look by investors looking for a clean technology subsector with significant upside potential.
Even as the presidential candidates debate whether to cut federal gas taxes this summer, a harder-to-control factor is emerging as a main reason behind the increase in energy costs: the sinking greenback.
U.S. natural gas inventories could be at seriously low levels at the start of winter this year, if current rates of liquefied natural gas (LNG) imports remain at record lows, a Goldman Sachs report said Wednesday.
The CEO of this drilling company once honestly told Cramer that the time wasn't right to buy his stock. But now he thinks it's ready.
Sure, it trails its peers. But Cramer thinks this gas play is ready to play catch up.
All three presidential candidates are largely in sync on the need to curb greenhouse gases and despite President Bush’s recent apotheosis on the subject, most analysts expect the landmark legislation will still have to wait for the next administration.
Storing heat - rather than electricity - might be the secret to cost-effective solar power.
Two of the world’s biggest oil companies, BP and ConocoPhillips, will spend billions to build a pipeline from the North Slope to feed energy-hungry markets in the United States and Canada, the New York Times reports.
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A nationwide survey of nearly 700 people suggests that Americans would prefer more money be invested in technology to solve the nation's energy ailments than to cure cancer or other diseases.
Toyota Motor on Wednesday challenged a claim by a former senior executive that Japan's government funded the development of technology that drives the market-leading Prius hybrid.
U.S. auto sales dropped 12 percent in March in a decline blamed on shaky consumer confidence, high fuel prices and concern that a housing market downturn could spread into a full recession.