More than six years later, scientists are still investigating how much damage the Deepwater Horizon spill actually caused. Now, a new study suggests the spill may have permanently marred one of the Gulf shore’s most important ecosystems.
The oil industry has been saying for months that the worst of the oil bust is over. Now the Fed is too.
Oil fell about 3 percent on Tuesday after Saudi Arabia and Iran dashed market hopes that the two major OPEC producers would find a compromise this week at meeting in Algiers to help ease a global glut of crude.
So we’re dependent on foreign oil. How bad could that be?
Analysts at investment banks currently forecast the price of WTI oil to be at least $65 by the end of 2019. How reliable are those predictions?
A Philadelphia energy company has signed a 10-year agreement to produce a mixture of biofuel and jet fuel for JetBlue Airways Corp., a deal aimed at reducing the airline’s dependence on fossil fuels.
Oil traders and analysts increasingly see the statements as an OPEC ploy to prop up prices short term.
Tesla Motors Inc. on Thursday filed a lawsuit against state officials over the right to directly sell its all-electric vehicles to consumers in Michigan.
We’re producing more crude and our cars are more efficient, yet we still import millions of barrels of foreign oil per day. What’s going on?
Gasoline prices increased again across the Deep South on Monday, 10 days after the discovery in Alabama of a pipeline rupture that threatened fuel supplies and prompted worries about environmental contamination.
