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Profits Will Slow in Fourth Quarter as Energy Leads Decline
Oil is leading a profit decline, but compared with the economy, earnings are strong.Read more : SmartMoney Sector Patrol: 12.01.2007 00:48:00
America's Little Oil Problem
President Bush is expected to announce bold energy-saving initiatives in his State of the Union address next week. Mike Wuebben looks at what's on the table to curb America's addiction to foreign oil.Read more : CBS News ShowBuzz Comedy WuebbLog: 19.01.2007 01:00:00
An Oil Reserve Right at Hand
In his State of the Union address last month, President Bush announced his intention to expand the Strategic Petroleum Reserve as a way to strengthen America's energy security. The 20-year effort to increase the emergency stockpile from its current capacity, 691 million barrels, to 1.5 billion...Read more : Washingtonpost Oil and Gas Prices: 18.02.2007 12:00:00
U.S., Brazil Team Up To Promote Ethanol
SAO PAULO, Brazil, March 9 -- President Bush announced a new energy partnership with Brazil on Friday to promote wider production of ethanol throughout the region as an alternative to oil, the first step in an effort to strengthen economic and political alliances in Latin America.Read more : Washingtonpost Oil and Gas Prices: 10.03.2007 12:00:00
Auction Opens Final Phase in Dismantling Of Yukos Oil
MOSCOW, March 27 -- The final dismemberment of Yukos Oil Co., the energy giant brought down by legal action widely seen as inspired by the Kremlin, began Tuesday in Moscow with the first in a series of auctions of its remaining assets.Read more : Washingtonpost Oil and Gas Prices: 28.03.2007 11:00:00
A Yukos Auction With a 2nd Act
MOSCOW, April 4 -- Two Italian energy companies won an auction for assets of the bankrupt Yukos oil company Wednesday and quickly offered to bolster the Kremlin's control of the energy sector by selling most of them to Gazprom, the state gas monopoly.Read more : Washingtonpost Oil and Gas Prices: 05.04.2007 11:00:00
Venezuelan Oil Losing Share of Key U.S. Market
CARACAS, Venezuela -- When the state oil company recently took over the last privately run oil fields in Venezuela, President Hugo Chávez declared it a victory against Washington and a giant leap toward a new energy policy that would diversify the market for Venezuelan crude to include rising powers...Read more : Washingtonpost Oil and Gas Prices: 12.05.2007 11:00:00
President Bush Announces Ed Gillespie as New Counselor to the President - June 13, 2007
President Bush on Wednesday said, "I'm fortunate that Ed Gillespie has agreed to join the administration. He is a seasoned hand who has got excellent judgment. He's a good strategic thinker that I know will do a fine job. We've got a lot to do. We've got to continue laying the foundation for peace. We've got an immigration bill that will help enforce our borders. We've got an energy bill that we need to get out that will make us less dependent on foreign oil. And we've got to remind the Congress that they need to be fiscally wise with the people's money, that we can balance this budget of ours without raising taxes."Read more : White House Presidential Speeches & Remarks: 14.06.2007 00:00:00
Glittering and Gushing
You missed the wild ride on Cyclone Gonu? Oil traders rode that financial roller coaster for several days this month when the cyclone briefly pummeled the energy-producing Persian Gulf state of Oman. Crude prices shot above $71 a barrel at Gonu's worst, only to recede to below $69 a barrel over t...Read more : Washingtonpost Oil and Gas Prices: 24.06.2007 11:00:00
Glittering, Gushing Commodities
You missed the wild ride on Cyclone Gonu? Oil traders rode that financial roller coaster for several days this month when the cyclone briefly pummeled the energy-producing Persian Gulf state of Oman. Crude prices shot above $71 a barrel at Gonu's worst, only to recede to below $69 a barrel over the...Read more : Washingtonpost Oil and Gas Prices: 28.06.2007 11:00:00