Category: Oil

That's what one Miami lawyer is doing. From the Sun-Sentinel- A Miami lawyer is suing OPEC over the skyrocketing price of oil. Attorney Larry Klayman claims in the lawsuit …

The price of oil sky rocketed today and hit another all time high of $135 a barrel. And what are our wise and fearless leaders doing to reverse this …

Well, in the face of constantly-rising gas prices in the United States (good lord! They're almost up to the levels Europe pays!), Congress has valiantly swung into action to …

Click the below link for synopses of the year's most noteworthy business stories to date: GDP growth, immigration reform and border control, the job markets, income growth and inflation, …

Perhaps annoyed, but undeterred by the constant snickering over his naivety on foreign policy, Senator Barack Obama hastened to add energy policy to the list of subject areas on …

That may be the case according to NBC. Oil traders and others believe that the Saudi decision to let the price of oil tumble has more to do with …

And at a time when we are struggling to deal with an increase in gasoline prices. From the BBC: Legislation has been tabled in the United States aimed at …

It's about time Congress got its butt in gear and passed an energy bill like this. President Bush is expected to sign it. WASHINGTON (Reuters) - Hours before adjourning …

The good news: oil has dropped to below $60.00 a barrel. The bad news: OPEC is considering not producing as much oil to drive prices back up....

Updated BP is shutting down its Alaska pipeline because of possible corrosion. The shutdown will remove about 8 percent of the US oil production from the marketplace and drive …