Big Oil is set to spend billions on new exploration in 2009, but in addition to ocean beds thousands of feet below the water's surface, major producers are surveying the balance sheets of vulnerable companies in the sector.
A look back to 1991 when the green trend was to convert vehicles to use compressed natural gas.
Big Oil is set to spend billions on new exploration in 2009, but in addition to ocean beds thousands of feet below the water's surface, major producers are surveying the balance sheets of vulnerable companies in the sector.
A look back to 1991 when the green trend was to convert vehicles to use compressed natural gas.
Today's technology could extract enough untapped natural gas, frozen in Alaska's North Slope, to heat millions of homes for years, federal officials announced Wednesday.
Tom Parsons of Bestfares.com offers tips on how to find great travel deals this holiday season.
You might think airlines would benefit from lower oil prices, but that's not always the case. Jim Boulden reports.
A 53-cent drop in gas prices over the last two weeks has set another record, and the publisher of a national survey predicted Sunday that prices will continue to decline -- but at a slower pace.
Owning an electric vehicle requires more than global-cooling ambitions. It takes guile, planning, sharp vision, a silver tongue -- and a 50-foot extension cord.
Imagine a sun-swept Texas afternoon in 2015. After the roar of a ceremonial flyover, a Texas Motor Speedway crowd of 200,000 rises to its feet in anticipation of NASCAR's signature moment.
Gas shortages are afflicting drivers across the Southeast. Some of the problems were caused by Hurricane Ike affecting oil production and refining along the Gulf Coast, but empty gas pumps also are being blamed on the consumers themselves.
Mohammed Hussain got 3,000 gallons of gas delivered to his Chevron station in suburban Atlanta on Saturday. By Sunday morning, all of the gas, priced at $4.39 per gallon for regular unleaded, was gone.
Hundreds of thousands of small oil wells in the United Sates, called "stripper wells," are being touted as part of the solution to dependency on foreign oil.
Gas prices across the Southeast and Midwest soared over the weekend, and while many would blame Hurricane Ike, human nature may be a more likely scapegoat.
Headline News' Jennifer Westhoven talks about the price of oil and the 65 mpg car that you won't see on U.S. streets.
Soaring gas prices, nearing a national average of $4 per gallon, are causing long-distance commuters to burn holes in their wallets along with the fuel in their gas tanks.
Carol Umsted got more than the word of God during services this summer at the Congregational United Church of Christ of Valley City.
Bishop Kenneth Spears always thought gifts from God came from above. He never imagined that the gifts would be hiding under his church in Fort Worth, Texas.
When Honora Wolfe and her husband moved to the outskirts of Boulder, Colorado, she wanted an environmentally friendly way to commute to her job as a bookshop owner in the city.
Larry Horsley loves that he doesn't buy much gas, even though he drives his '95 Chevy S-10 back and forth to work each day.
CNNMoney.com's Poppy Harlow discusses hybrids with Transportation Deputy Secretary Thomas Barrett.
Fossil fuels that keep our planet running -- oil, natural gas and coal -- were created from the decomposition of plants, plankton and other organic material over millions of years.
Robert Gilliland didn't think much about carpooling until gas prices got out of control. Now, he's happy to trade his motoring freedom for $120 in weekly savings.
Bryan Beer, a citrus grower in southwestern Florida, sees himself as a bit of a pioneer. He's not digging for gold. It's more like he's planting for oil.
You've heard of hybrids, electric cars and vehicles that can run on vegetable oil. But of all the contenders in the quest to produce the ultimate fuel-efficient car, this could be the first one to let you say, "fill it up with air."
A gallon of unleaded gasoline: $10. Heating fuel: $9.10 a gallon. Electricity: $1.17 per kilowatt hour -- 11 times the national average.
A gallon of unleaded gasoline: $10. Heating fuel: $9.10 a gallon. Electricity: $1.17 per kilowatt hour -- 11 times the national average.
Herb Geving unleashes a broad smile in his 11,000-square-foot mansion. The former cattleman, farmer and owner of a North Dakota garbage business is now retired, able to count the dollar signs brought in by three oil wells.
CNN's Thelma Gutierrez reports on a North Dakota town booming because of one of the largest oil finds ever in the U.S.
Jimmy Sarmiento is creating a buzz with his newly modified Porsche. KOVR's Steve Large reports.
They rumble in on treads called Super Swampers, wearing their hearts on their license plates.
You've no doubt heard the language by now -- that Americans are plagued by an oil addiction.
Gas stations across the country are increasingly offering discounts for fuel purchases made with cash as high oil prices eat into their profits.
QUESTION: When I use my debit card to buy gas at the pump, I've noticed that a hold gets put on funds in my account for a few days -- sometimes for more than what I purchased. What gives? Is there any way to avoid this?
Earlier this month, legendary entrepreneur and philanthropist T. Boone Pickens unveiled a new energy plan he says will decrease the United States' dependency on foreign oil by more than one-third and help shift American energy production toward renewable natural resources.
Gas station owners accuse credit card companies of driving up fuel costs. CNN's Jim Acosta reports.
CNN's John Zarrella looks at whether more oil drilling in the Gulf of Mexico will ease your pain at the pump.
CNN's Ed Lavandera reports on a Missouri town that, on a breezy day, can be powered by wind.
U.S. Airways is pressuring pilots to use less fuel, undermining their authority and possibly compromising safety, according to a spokesman for the U.S. Airline Pilots Association.
CNN's Tony Clark takes a look back at the oil situation after the first Gulf War.
U.S. cities are racing to cope with ever-increasing demand on public transportation as gas prices remain at record levels.
Atlanta's mayor and transit CEO discuss the impact of rising fuel costs and the future of mass transit.
Farmland stretches as far as the eye can see -- row upon row of corn stalks waving in the breeze. It's an unlikely place to watch America debate its energy crisis but a battle is raging in this corner of South Dakota over what could be the nation's first new oil refinery in 30 years.
With fuel prices soaring, sales of products designed to boost gas mileage are also rising -- even though the government says they're not worth the money.
Billionaire oilman T. Boone Pickens is putting his clout behind renewable energy sources like wind power.