Doing nothing about greenhouse gas emissions would cost the U.S. billions of dollars and thousands lives.
Oil and gas stocks remained largely flat last week, with oil prices hovering around $64 per barrel for the Brent. The key talking point on the macro front was the potential impact of the Iran nuclear deal, a framework agreement for which was reached this April, on the demand-supply dynamics of the global oil market. Show More Summary
According to a report released Monday by the Obama administration, doing nothing to rein in greenhouse gas emissions would cost the United States billions of dollars and thousands lives. The findings come as part of an attempt by the...Show More Summary
North Dakota Democrats love hating on Continental Resources CEO Harold Hamm, but this morning the state’s top elected Democrat appeared alongside him on CNBC’s Squakbox to defend his call to end America’s ban on exporting crude oil. Heitkamp rejected the most common argument against ending the ban, which is that it would cause domestic gas...
Buyers shopping for a 2016 Mercedes-Benz S550 might get sticker shock upon learning exactly how much upgrading to the S550e plug-in hybrid variant will cost... because it won't cost a dime. Opening bids for either the gasoline or gasoline-electric hybrid version of the uber-lux sedan will begin at $95,325, including destination. It's a surprising...
Leon watches his total purchase price at the pump. (LYN ALWEIS/THE DENVER POST) (Photo By Lyn Alweis/The Denver Post via Getty Images)" data-credit="Lyn Alweis/The Denver Post via Getty Images" src="http://o.aolcdn.com/dims-shared/dShow More Summary
With several updates to the credit card scene and gas prices slowly creeping back up, now is as good as time as any to update the top credit cards list for gas purchases. Keep in mind that some credit cards give a good return for a certain period of time (e.g. Show More Summary
SELLER: Tyler Perry LOCATION: Atlanta, GA PRICE: $25,000,000 SIZE: 34,688 square feet, 7 bedrooms, 11.5 bathrooms YOUR MAMA’S NOTES: In case you didn’t already know it — and if we’ve said it once we’ve said it 97,000 times — ‘Chitlin’ Circuit’ playwright, cross-dressing actor and savvy movie industry mega-mogul Tyler Perry is an unrepentant real... Read more »
As the owner of a gas-guzzling, 16-year-old Dodge Ram that I use to pull a horse trailer, haul a ski boat and loan to friends who are cleaning out their basements, I like the way gasoline prices are heading. But I also know enough to understand neither the president nor Congress nor the U.S. oil...
It seems as though low gas prices should be good news. When the cost of a gallon of gas dips well below $3 in most of the country, everybody smiles, right?
But overall inflation around the U.S. remains tame, a sign the economy has yet to heat up
Consumer prices in May had their biggest increase since 2013 as gasoline costs jumped sharply after months of declines, the Labor Department said Thursday.
1972 Oldsmobile Hurst hardtop. Photos courtesy Le May, America’s Car Museum. In the 1960s, a strong economy, low gas prices and a passion for drag racing fueled a perfect storm in the automotive industry, giving rise to the era of the muscle car. Rivalries between manufacturers grew more heated, with fans of each brand throwing […]
Happy FOMC day! Start it off with our organic, Yellen-free morning train reads: • Obsessing Over Profit Margins Is Good Way to Miss S&P 500 Gains (Bloomberg) • Energy Industry Is Gassing Down: Collapse of oil and gas prices has producers rethinking output (WSJ) • With Eye on Fiscal Armageddon, Texas Set to ‘Repatriate’ Its Gold To New Texas...Read More
Much has been written in recent years about the potential impact of upcoming US LNG exports. Market analysts have pondered the likely effect on domestic US natural gas prices, gas production rates, domestic employment, GDP and even consumption by related petrochemical and agricultural industries. On the global stage, many expect that at current price levels […]
By Ben Ratner Six large European oil and gas companies recently announced a commitment to engage on climate policy, calling for a price on carbon. The now-emerging picture of their coordinated corporate talking points, however, leaves no doubt that promotion of natural gas is a core part of the group’s position. Is this [...]
CVS is buying Target's pharmacy and clinic business, gas prices could be down, and Alibaba is starting a streaming service in China. CBS News Moneywatch's Jill Wagner has the day's business headlines
Rich Pedroncelli/AP By David Randall NEW YORK -- The average price of regular grade gasoline rose by 3 cents over the last two weeks, the smallest gain in more than two months of steady increases, according to the Lundberg survey released...Show More Summary
Submitted by Andy Tully via OilPrice.com, Royal Dutch Shell has been considering ending its partnership with a Ukrainian energy company in a shale gas exploration venture in eastern Ukraine because of the fighting in the region and prospect of little profit from the project. Show More Summary
Take a look at the West Texas Intermediate Crude Oil Price chart for the last twenty (20) years over on Macrotrends.net. It’s bouncing up and down like a yo-yo. And any chart you pull up for international oil and natural gas prices is going to look similar. In the chart, we see oil goes from […]