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  • US to Overtake Saudi as Largest Oil Producer Monday, 12 Nov 2012 | 1:33 PM ET
    US to Overtake Saudi as Largest Oil Producer

    A transformation in our oil and gas production is leading to a sea change that will put the U.S. at the head of the line in global oil production by the end of the decade.

  • How Will Shift in Oil Production Impact U.S.? Monday, 12 Nov 2012 | 5:05 AM ET
    How Will Shift in Oil Production Impact U.S.?

    Tom Bergin, reporter for Reuters, explains to CNBC the implications of an IEA report that states the U.S. will become the world's largest oil producer by the end of the decade.

  • What Super Storm? Gasoline Prices Fall Friday, 2 Nov 2012 | 12:19 PM ET
    Plunging Oil Prices Are Big Boost for US Drivers

    The national average for retail gasoline fell slightly below $3.50 a gallon Friday for the first time since March 6, according to OPIS and AAA.

  • Plunging Oil Prices Are Big Boost for US Drivers

    Gasoline futures continued to trade higher in the electronic session Thursday as the latest track of Hurricane Sandy looked headed straight for the heart of the East Coast refining industry.

  • ‘No Subtle’ Reaction Expected to Apple Earnings Wednesday, 24 Oct 2012 | 7:36 PM ET
    ‘No Subtle’ Reaction Expected to Apple Earnings

    Apple earnings and a Microsoft product launch keeps technology names at the forefront Thursday in a market that has been mostly punishing the sector for the last month.

  • Plunging Oil Prices Are Big Boost for US Drivers Tuesday, 23 Oct 2012 | 11:38 AM ET
    Plunging Oil Prices Are Big Boost for US Drivers

    Oil prices have plunged near a three-month low amid poor growth prospects, but U.S. drivers may be the biggest winners of the recent selloff.

  • Have US Sanctions on Iran Worked? Monday, 22 Oct 2012 | 8:35 PM ET
    Have US Sanctions on Iran Worked?

    John Kingston, Global Director Of News, Platts says that U.S. sanctions on Iran have worked far better than most people think.

  • Natural Gas Plunges Amid Ample Supply Monday, 22 Oct 2012 | 3:11 PM ET
    Natural Gas Plunges Amid Ample Supply

    The natural gas market didn't attract buying after nearing a 10-month high this morning, and futures fell sharply through some key support levels.

  • Volume Growth to Offset Weak Metal Prices Wednesday, 17 Oct 2012 | 8:50 PM ET
    Volume Growth to Offset Weak Metal Prices

    Hayden Bairstow, Head of Australian Resources Research at CLSA says that miners are upping their investments to expand capacity. This means that volume growth will help offset weak metal prices.

  • Why Are Gasoline Prices Suddenly Falling? Wednesday, 17 Oct 2012 | 12:16 PM ET
    Why Are Gasoline Prices Suddenly Falling?

    A dramatic spiral for gasoline prices in some key battleground states comes just three weeks before the U.S. presidential elections.

  • Could Bakken Oil Boom Go Bust After Election? Wednesday, 17 Oct 2012 | 10:39 AM ET
    Oil derricks in North Dakota pump oil from the Bakken Formation.

    The incredible prosperity in North Dakota has happened during the Obama administration. However, the fear is that things might change in the next four years, especially when it comes to fracking.

  • Oil Breaks Below $90 Amid Slowing Global Demand Monday, 15 Oct 2012 | 10:43 AM ET

    WTI oil futures fell below $90 a barrel on concerns about slowing global demand amid strong U.S. production and robust supplies.

  • CFTC May Delay Deadline On Energy Swaps Rule Thursday, 11 Oct 2012 | 11:25 PM ET
    CFTC May Delay Deadline On Energy Swaps Rule

    The Commodities Futures Trading Commission is expected to grant a delay on a rule set to take effect Friday that would impact clearing of energy swaps at the CME Group, according to sources familiar with the matter.

  • Is a Larger Middle East War Inevitable? Thursday, 11 Oct 2012 | 2:14 AM ET
    Is a Larger Middle East War Inevitable?

    Double, double toil and trouble.  All the elements for a larger regional conflict are slowly falling into place, just as the witches’ ingredients in Shakespeare’s Macbeth, as the fateful day, November 6th, or Election Day approaches. Oilprice.com reports.

  • Forget Renewables, We Need Cheap Oil Now: Analyst Wednesday, 10 Oct 2012 | 4:45 PM ET
    oil_barrels.jpg

    What does our worlds energy future look like? To help us look into the future we spoke with Gail Tverberg, a well-known independent researcher and commentator on energy issues and author of the popular blog, Our Finite World.

  • Base Metals to Pull Back Monday, 8 Oct 2012 | 6:40 PM ET
    Base Metals to Pull Back

    Mike Harrowell, Senior Resources Analyst, BBY says that the QE boost to commodity prices does not reflect demand concerns and that base metals prices could be trading lower by end-December.

  • The Path Past Politics to Natural Gas Exports Monday, 8 Oct 2012 | 12:58 PM ET
    hydraulic fracturing process

    US natural gas production is rising despite fewer rigs in operation, but far more reserves could be unleashed by fracking. Exports are one answer to overabundance, so what's the holdup? Oilprice.com reports.

  • Gasoline Prices Set to Rise Through Election Day Friday, 5 Oct 2012 | 1:01 PM ET
    Calabasas-gas-station-200.jpg

    "It will only take another refinery issue and a bit more of geopolitical noise to have the first U.S. election at a US average gasoline price of $4 a gallon," says one energy analyst.

  • Bombs Dumped in Gulf of Mexico Threaten Oil Rigs Monday, 1 Oct 2012 | 4:24 PM ET
    Gas is flared off from a Petroleos Mexicanos offshore platform producing oil from the Ku-Maloob-Zaap field in the Gulf of Mexico 65 miles northeast of Ciudad del Carmen, Mexico.

    The U.S. designated certain areas around its coast for the safe dumping of explosives, but the records of where these munitions were dumped are incomplete. Now those forgotten payloads have become a real hazard for oil ocmpanies that drill deep sea wells.

  • Oil Pump

    On June 30, 2009, oil mysteriously jumped by more than $1.50 a barrel during the night, to reach its highest price in eight months, the kind of swing that is caused by a major geopolitical event.