Oil refiners are required to meet EPA targets for biofuel use. Each year, the EPA is required to set targets for biofuel use. "If EPA is going to use an extraordinary action like a waiver, then at least EPA must remove any structural impediments that prevent penetration of renewable fuels," Alonso said.» Read More
EOG Resources is one of Cramer's faves, and EOG Chairman & CEO Mark Papa explains why his company is worth the investment.
A large fire broke out at the BP Cherry Point oil refinery in northwestern Washington State. It is the largest oil refinery in the state and the fourth largest on the West Coast. The refinery can produce up to 230,000 barrels of fuel a day and has more than 700 full-time employees. The cause of the fire is unknown. A BP official tells the NBC affiliate in Seattle, KING-TV, that no one was injured.
The latest inflation data shows rising gasoline prices could start to pinch consumers and steal away any savings from the just-approved extension of the payroll tax cut.
Rising gasoline prices could bite into any savings from the expected extension of the payroll tax cut, but for now the higher costs could be somewhat offset by lower winter heating bills.
Legendary investor, explains why he is calling for the sale of CVR Energy. Icahn has a 14.5% stake in CVI. The Fast Money crew with the play on the sale, and options activity.
The chief executive of Gulf Oil sees gasoline approaching $4 a gallon this summer despite declining demand as more refineries close and tensions heat up in the Middle East.
Canada will focus on exporting oil and other goods to China and other booming Asian economies even if Washington overturns its decision to block a pipeline that would have sent more Canadian crude to the United States.
Any decision by Iran to cut oil exports to the European Union will affect the price of oil and hurt the region's economy, OPEC Secretary General Abdalla Salem El-Badri told CNBC on Monday.
East coast consumers could see the return of $4 gasoline before the rest of the country, as another key refinery serving the region plans to shut down.
An call spread options play on oil refiner, Tesoro, with Brian Stutland, Stutland Equities.
Tough talk from Tehran this week sent crude oil prices higher, but what does a cost-benefit perspective suggest?
A couple of “Fast Money” pros largely brushed aside concerns about Iran’s effect on crude oil prices Tuesday, focusing instead on decreasing demand as the stronger factor in the commodities market.
Among the gainers in the energy sector Friday, Valero also stood out as a solid play looking ahead, said Oppenheimer energy analyst Fadel Gheit.
Chris Danely, JPMorgan with the trade on the tablet wars. Also, the update on a court decision that could deliver a major blow to Rambus.
Rich Ilczyszyn, independent commodities trader, has the bullish play on oil's rally, and the Fast Money traders take a look at the nuclear bidding war for uranium developer, Hathor Exploration.
This week's mega-mergers have suddenly forced mid-sized players to reexamine their strategies.
Paul Sankey, Deutsche Bank lead oil analyst with the play on oil refiner stocks, and the trade on metals, especially aluminum, which is cheap relative to other base metals, says Dan Dicker, Mercbloc president.
CNBC's Bertha Coombs reports on the oil industry from Larose, Louisiana, where the promise of paying jobs is fueling the call for expanded drilling.
The World Health Organization recently released a report on air quality in countries around the globe, on which we based a list of the ten most polluted countries.
Money is flowing back into crude oil with futures near ninety dollars a barrel. Dan Dicker, MercBloc, LLC weighs in on what it means for refiners and how to trade it.