Oil sheen mysteriously appears off Louisiana’s Gulf Coast
By the CNN Wire Staff (CNN) – An oil sheen about four miles long has appeared in the Gulf of Mexico near the site of the worst oil spill in U.S. history, a Coast Guard spokesman said Thursday. It was...
View ArticleThe People’s Debate with Kaine and Allen
Candidates in the tightly contested race for a U.S. Senate seat, both former Virginia governors, squared off in a debate organized by WTVR, WCVE, The League Of Women Voters of Virginia and AARP...
View ArticlePotential oil spill in Mississippi River closes river
By CNN Staff (CNN) — Two tank barges loaded with light crude oil struck a bridge in the Mississippi River early Sunday morning. The Coast Guard said it was trying to determine how many gallons may have...
View ArticleSTUDY: Vegetable oils may be worse for your health than butter
(CBS News) — Do you reach for the vegetable -based spread instead of the butter just to cut back on fats? Researchers say that might not be the best option, and in fact, it could be more of a health...
View ArticleCourtroom showdown starts; BP could pay billions more for Gulf spill
By Ed Lavandera and Jason Morris NEW ORLEANS (CNN) — The stage is set for a titanic courtroom showdown here between BP and federal and state governments over whether the oil giant must shell out...
View ArticleShell halts Arctic drill plans for 2013
by Matt Smith (CNN) — Royal Dutch Shell says it will “pause” its closely-watched project to drill for oil off the Alaskan coast this year, instead spending 2013 preparing for future exploration. The...
View ArticleArkansas AG to investigate oil pipeline leak
(CNN) — The Arkansas attorney general is opening an investigation into what caused last week’s pipeline rupture that allowed thousands of barrels of heavy crude oil to flow into a residential area....
View ArticleEgypt unrest pushes oil prices near $100/barrel
NEW YORK (CNNMoney) — Oil prices neared $100 a barrel Tuesday, as traders feared tensions in Egypt could spread to the broader Middle East. U.S. oil prices hovered around $99.50 a barrel Tuesday...
View ArticleOil prices crash below $70 per barrel after OPEC decision
LONDON — Oil prices came crashing down Thursday to trade below $70 per barrel after OPEC announced it was leaving oil production levels unchanged. WTI crude trading in the U.S. fell by roughly 7% to...
View ArticleBlack Friday’s real deal: Gas nearly 50 cents lower than last year
NEW YORK — The best Black Friday deal of 2014 is arguably at the gas station. The average price in America for a gallon of regular fell to $2.79 on Friday, according to AAA. That’s nearly 50 cents...
View ArticleOil tycoon: After oil prices plummet, I’m too broke for $1 billion divorce
NEW YORK — A billionaire oil tycoon, who just last month agreed to pay $1 billion after a highly contentious divorce, now says it’s no longer fair to ask him to pay out the big bucks because his...
View ArticleOil plunges to a 6-year low, could keep going
NEW YORK (CNNMoney) — Extremely cheap oil is back, and it may get even cheaper. Crude plunged 4% to as low as $42.85 a barrel on Monday. That’s the lowest price since 2009. This should bring smiles to...
View ArticleShell inks $70 billion deal as Big Oil gets even bigger
HONG KONG — Rock-bottom energy prices are triggering their usual response from oil companies: A wave of tie-ups that make the biggest producers even bigger. The latest example is Royal Dutch Shell’s...
View ArticleHow U.S. could be energy independent within 4 years
NEW YORK — The United States could be energy independent in as little as four years, according to a new forecast from the U.S. Energy Department. The price of oil is fairly low — about $55 a barrel....
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