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CNBC TO BROADCAST LIVE SPECIAL "CNBC REPORTS: BREAKING THE OIL ADDICTION"

CNBC, First in Business Worldwide, will broadcast a live special, "CNBC Reports: Breaking the Oil Addiction," reported by CNBC's Melissa Francis, Sharon Epperson, Phil LeBeau, Jane Wells and NBC's Janet Shamlian tonight, Wednesday, May 27th at 8PM ET.

CNBC anchors, reporters and experts will give viewers the latest developments on the OPEC meeting, what rising/falling oil prices mean for the future of alternative and traditional energies and the companies that produce them, new energy vs. old energy, and the impact on Detroit's automaking industry.

CNBC will have reporters around the globe to cover this topic from all angles:

- CNBC's Melissa Francis will report live from Vienna, Austria with the latest from the OPEC meeting

- CNBC's Sharon Epperson will report live from the New York Mercantile Exchange (NYMEX) following traditional energy trading

- CNBC's Phil LeBeau will be live in Chicago, IL reporting on Detroit's Big Three's plan to put alternative energy to work

- NBC's Janet Shamlian will report live from Houston on Texas' dependency on big oil

- CNBC's Jane Wells will report live from Fontana, CA at a solar farm where she will cover all aspects of alternative energy

Will decades of talk finally power change? From Vienna to Texas, and centers for innovation...CNBC is at the crossroads for energy independence. "CNBC Reports: Breaking the Oil Addiction" will debate which direction is best for America.




About CNBC:
CNBC is the recognized world leader in business news, providing real-time financial market coverage and business information to more than 340 million homes worldwide, including more than 95 million households in the United States and Canada. The network's Business Day programming (weekdays from 5:00 a.m.-7:00 p.m. ET) is produced at CNBC's headquarters in Englewood Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide. Additionally, CNBC viewers can manage their individual investment portfolios and gain additional in-depth information from on-air reports by accessing http://www.cnbc.com.

Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://nbcumv.com/cnbc/.