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Oil and Gas Oil and Gas Storage

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  • Hurricane Sandy Causes 'Gasmageddon' Thursday, 1 Nov 2012 | 10:43 AM ET
    Hurricane Sandy Causes 'Gasmageddon'

    CNBC's Mary Thompson reports diminishing fuel supplies are causing gas lines to grow at the pump. And CNBC's Kate Kelly reports how a lack of terminals is choking off gas supplies to the New York City area.

  • Following the Gasoline Supply Chain Thursday, 1 Nov 2012 | 6:48 AM ET
    Following the Gasoline Supply Chain

    CNBC's Kate Kelly reports on potential problems facing storage facilities that gather and distribute gasoline and jet fuel to the New York City region.

  • 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.

  • California's Pipeline Problem Thursday, 11 Oct 2012 | 2:40 PM ET
    California's Pipeline Problem

    Bill Allayaud, Environmental Working Group, says drilling isn't the fix in California's energy crisis.

  • Crude Oil Inventories Down 2.4M Barrels Wednesday, 26 Sep 2012 | 10:30 AM ET
    Crude Oil Inventories Down 2.4M Barrels

    CNBC's Sharon Epperson breaks down the latest EIA numbers on energy, with Raymond Carbone, Paramount Options.

  • EIA Inventory Report: Crude Oil Up 8.5M Barrels Wednesday, 19 Sep 2012 | 10:30 AM ET
    EIA Inventory Report: Crude Oil Up 8.5M Barrels

    CNBC's Sharon Epperson reports the latest numbers on crude oil and gasoline inventories.

  • Saudis Offer Extra Oil to Control Prices Tuesday, 18 Sep 2012 | 7:53 PM ET
    saudi_oil_200.jpg

    Saudi Arabia has offered its main customers in the US, Europe and Asia extra oil supplies through the end of the year, a sign the world’s largest exporter is worried about the impact of rising prices on the global economy.  The FT reports.

  • Oil tanker

    Of  all the major oil-producing countries in the world, only four are showing a long-term decline in production capacity by 2020.  Factors like  the recent showdown with Iran over its nuclear program are more influential, according to a Harvard University report.

  • Keystone XL Looking Like Pipeline to Nowhere Thursday, 28 Jun 2012 | 11:44 AM ET
    Alberta Oil Sands

    Four and a half years of studies and five failed votes in the House of Representatives later, the massive Canadian-US pipeline is stuck at the Canadian border. And that won't change anytime soon.

  • OPEC Market Share To Hold Steady: Forecast Wednesday, 27 Jun 2012 | 3:42 PM ET
    off shore oil rig

    The DOE's Energy Information Administration expects the cartel's share to remain at the current 40 percent, while US domestic output rises.

  • EU to Ban the Buying of Iran's Oil Monday, 25 Jun 2012 | 1:10 PM ET
    EU to Ban the Buying of Iran's Oil

    In one week, a EU-wide ban on Iranian oil goes into effect along with EU-wide ban on insuring any ship carrying Iranian oil, with John Hofmeister, Shell's former president & CEO.

  • bahamas-skyline-200.jpg

    A new report shows sizable amounts of recoverable oil and natural as around the scenic island chain, but its location in the hurricane belt is already raising concerns about potential environmental damage.

  • Big Players Poised for Big Payoff Wednesday, 20 Jun 2012 | 9:36 AM ET
    nat-gas-hydraulic-fracking-200.jpg

    The natural gas industry may be hurting from rock-bottom prices now but if allowed to fully exploit the shale-gas boom, there may be few losers and many winners in the years to come.

  • Heading Off Threats to Global Energy Security Wednesday, 20 Jun 2012 | 8:48 AM ET
    Locals ride a canoe past oil instalations belonging to the Mobil oil company in Bonny Island, Nigeria, Thursday, Aug. 17, 2006. Militant groups using kidnappings and sabotage attacks to press their demands for a share of the region's oil wealth, which they accuse the central government of stealing, have made southern Nigeria a volatile place. (AP Photo/George Osodi)

    Michael Bagley, president of corporate intelligence firm Jellyfish Operations, and security expert Jennifer Giroux discuss how companies can plan and react in hostile environments.

  • Istanbul's Arasta Bazaar

    Though Turkey was one of several countries to receive a temporary waiver from U.S. sanctions, it is looking to Saudi Arabia and Libya for crude oil, as well as a number of other energy sources.

  • Chevron CEO Talks Growth Strategy Wednesday, 14 Mar 2012 | 4:47 PM ET
    Chevron CEO Talks Growth Strategy

    John Watson, Chevron chairman & CEO, says two big projects in Australia are expected to fuel the company's target of boosting production growth 20% by 2017.

  • Time to Tap the Emergency Oil Reserves? Friday, 24 Feb 2012 | 7:52 PM ET
    Time to Tap the Emergency Oil Reserves?

    Debating whether President Obama should tap into the Strategic Petroleum Reserve, with Dan Weiss, Center for American Progress, and Jim Lucier, Capital Alpha Partners.

  • Iran Oil Ban Would Hurt EU, Boost Price: OPEC Monday, 30 Jan 2012 | 11:49 AM ET
    oilbarrels_money2.jpg

    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.

  • Iran Using Oil as a Political Weapon? Thursday, 19 Jan 2012 | 7:36 AM ET
    Iran Using Oil as a Political Weapon?

    Insight on how tensions with Iran are impacting oil markets, with Peter Beutel, CameronHanover.com; Boris Schlossberg, GFT; and Lou Grasso, Millennium Futures. "We certainly have a lot of political, a lot of military risk in the price of oil," says Beutel.

  • Cramer's Pipeline Face-off: KMP vs. PAA Monday, 19 Dec 2011 | 6:15 PM ET
    Cramer's Pipeline Face-off: KMP vs. PAA

    It's a classic tortoise versus the hare scenario, says Mad Money's Cramer, comparing two pipeline companies. Long-term, Kinder Morgan Energy Partners is my favorite pipeline play, but Plains All American Pipeline is poised to outperform over the next year.