Topic: Offshore Drilling
Apple earnings to beat consensus, one analyst says. Also of note: Gold's new high and closing arguments in Rajaratnam insider-trading trial.
04/20/2011 01:52 am
Obama's grab-bag approach, forced by political reality, contains a bit of everything – oil drilling, nuclear, renewables, even coal. But the unifying goal is still less US dependence on foreign oil.
03/31/2011 03:01 pm
A team of Norwegian experts concludes that the ‘blind-shear ram,’ which was part of the blowout preventer, was not designed to deal with the bent pipe. Their report on this aspect of the Gulf oil spill was released Wednesday.
03/23/2011 09:48 pm
In the past year, China has secured some $65 billion in regional deals. President Obama's current visit to Latin America is seen as a counteracting move.
03/21/2011 04:41 pm
Editorial Board Blog Gas prices too high? Obama may not think so. He's pumped to use high oil prices.
Gasoline prices in the US now average over $3.50 a gallon, and may be heading for $4. Obama is considering a move to lower prices by selling oil from the Strategic Petroleum Reserve. But his actions say otherwise.
03/07/2011 02:24 pm
Gas prices are approaching $4 a gallon and oil prices are above $100 a barrel, leading politicians in Washington and statehouses to propose a flurry of legislation. Some proposals strive to quell voter angst while others might balance budgets by raising gas prices. Meanwhile, wind, biofuel, nuclear, and oil industries are lobbying Congress to support more domestic energy production. Many of the proposals are longer-range and thus unlikely to affect short-term gas prices, energy economists say.
03/03/2011 05:44 pm
As recent events in Egypt have shown, international support for aging despots can wane quickly once crowds hit the street and violence kicks off. Uganda's President Yoweri Museveni, in power now for 25 years, already faces declining support outside of his country – but it's unlikely he's going anywhere just yet. It's almost certain he'll win the official count in today's presidential election. Here are some reasons why the international community might not want to push Museveni too hard:
02/18/2011 11:58 am
Deepwater Horizon oil spill report recommends tougher offshore drilling rules, more financial consequences for oil companies.
01/12/2011 11:28 am
Stricter deep-water drilling regulations mean Gulf Coast waters are likely to yield less oil this year. Energy firms may shift attention abroad.
01/11/2011 05:24 pm
Declines in domestic and foreign production are to blame for higher US gas prices, analysts say. Some in the industry see $5-a-gallon gas in 2012, while others say supplies will increase to halt the rise.
12/30/2010 08:48 pm