big oil

Some oil boomtown pickup truck owners make a statement by "rolling coal."

Oil companies spend millions for the right to drill in the Gulf of Mexico.

More on one of the biggest business and policy stories of the decade.

Russia seized the assets of oil giant Yukos in 2003.

Fracking oil wells burn off as much a third of the natural gas they release.

American thirst for oil rises faster than expected, as the nation recovers from recession and chemical makers seize on less expensive domestic supplies.

The U.S. government has announced a $253 million fine against Weatherford, a Swiss oil and gas services company that trades on the New York Stock Exchange.

Mexico is sitting on 87 billion barrels of untapped oil, yet production has dropped 25 percent in the last decade.

The wholesale price of oil fell this morning, but it's still hovering above $100 a barrel.