The oil slick from a platform explosion in the Gulf of Mexico is due to reach shore by the weekend. It could wreak havoc on the coastlines of four states. Sarah Gardner reports on the fallout for British Petroleum.
BP's latest offshore oil drilling accident off the coast of Louisiana is the deadliest mishap of its kind in the U.S. in 40 years. The incident will likely give a boost to anti-offshore sentiment. Stephen Beard reports.
Independent oil and gas producers are used to risking everything on a single drill. Those wildcatters pioneered the business of dragging fossil fuels out of the ground, and they're still at it today. Kate Archer Kent reports.
The International Energy Agency reports that global stockpiles of fuel are relatively high, and industrialized demand is a bit low. The agency says another big jump could be a blow to the global economic recovery. Stephen Beard reports.
British oil giant BP plans to invest in a controversial oil exploration project in Canada, a move which has made some of BP's biggest investors revolt. Stephen Beard explores why some groups are against the move.
Every month the Energy Department comes out with a report about how much natural gas we produce. But the department's changing the way it puts together that report because it's been overestimating our supply. Alisa Roth reports.
Crude oil closed just shy of $85 a barrel, the highest it's been in a year and a half. PFC Energy's David Kirsch talks with Kai Ryssdal about why oil has hit a sweet spot, how long it will stay there, and its impact on prices at the pump.
President Obama lifted a longstanding moratorium on oil drilling in parts of the U.S. Sarah Gardner reports the move didn't sit well with opponents of offshore drilling or even some oil-friendly Republicans.
After decades off-limits, oil drilling is opening up on the U.S.'s East Coast and exploration for more places to drill will expand throughout certain parts of the U.S. Bob Moon gets the latest from Marketplace's Mitchell Hartman.
Senators John Kerry, Joe Lieberman and Lindsey Graham are preparing to introduce a major piece of climate change legislation that could let oil companies off the hook for carbon emissions. Alisa Roth reports.