Apr 4, 2012 India is a U.S. ally but also one of the top importers of Iranian oil. It could face U.S. sanctions unless it curbs these oil purchases.
Stacey Vanek Smith
Apr 3, 2012 An oil rig off the coast of Scotland has been leaking oil into the North Sea for five days. The rig is owned by French gas company Total, and is costing millions a day in lost revenue and attempted repairs.
Mar 29, 2012 Squeezed by high oil costs and shrinking demand, major changes are coming in the oil refinery biz.
Mar 29, 2012 The president wants lawmakers to repeal $4 billion worth of tax breaks that oil companies currently get. How much of an issue are these subsidies?
Mar 29, 2012 The defeat of a U.S. Senate bill to end oil company subsidies leads us to wonder: What would actually happen if subsidies ended?
Mar 22, 2012 President Obama is touting a new "all of the above" energy plan that supports more of both oil and alternative energy production. What do Americans want in an energy policy?
Mar 21, 2012 The president might be able to do little to really bring down short term gas prices. But reporter Scott Tong outlines some things that actually would affect the price.
Mar 21, 2012 Oil prices are slightly lower this morning in overseas trading, around $124 a barrel, but that is still very high. And those high oil prices are leading to high gas prices which are starting to really worry some economists who are concerned about our recovery and whether or not it could be derailed.
Mar 21, 2012 There's an oil boom going on in western North Dakota. The region is sitting on billions of gallons of oil. The city at the heart of it -- Williston -- is stretched beyond capacity.