The U.S. economy is awash in fossil fuel production, raising a tantalizing prospect of whether the U.S. should liquidate its Strategic Petroleum Reserve to help close the deficit.
U.S. gas prices saw their cheapest April in three years, the AAA says, bringing hopes of relief at the pump just as the summer driving season picks up.
If you've noticed your utility bills falling, there's a good reason. Surging natural gas production in the U.S. has had one benefit already: curbing or even cutting power costs.
ConEd paid out more than $4 million in incentive bonuses to key executives, even as the company struggled last year to get the lights back on after Sandy walloped the city.
Exxon Mobil reported quarterly earnings and revenue that was lifted by chemical product sales that allowed the company to counterbalance a decline in oil — its traditional strength.
BP is now a markedly less "green" company than it was a few short years ago, highlighting certain business realities taking hold in the energy industry.
Activist investor Nelson Peltz has amassed large stakes in both PepsiCo and Mondelez International, sources told CNBC on Friday, which total a combined $2.7 billion.