Oil

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08.19.2008 | By Johnathan Rickman

Three oil pipeline and storage companies announced plans Monday to build what would be the United States' second deepwater oil port capable of off-loading extra-large supertankers, saying each would invest as much as $600 million in a sprawling new storage...

08.19.2008

Three oil pipeline and storage companies announced plans Monday to...

08.15.2008 | By Chris Holly

Four Senate Democrats Thursday asked Commodity Futures Trading Commission Inspector General A. Roy Lavik to investigate the commission's role in the preparation of a July 22 Bush administration interim report that discounted the influence of oil market...

08.13.2008 | By Chris Holly

In what appears to be a tactical maneuver aimed at blunting Republican attacks, House Speaker Nancy Pelosi said late Monday that she might allow a vote on legislation to open some offshore areas to oil production if the measure also includes key Democratic...

08.12.2008 | By Johnathan Rickman

In a legal action intended to block U.S. approval of a massive pipeline project designed to deliver heavy crude from Canadian oil sands to refineries in the U.S. West and Midwest, the Natural Resources Defense Council and two Dakota landowner groups joined...

08.08.2008 | By Johnathan Rickman

Saying rising gasoline prices and plummeting auto sales warrant quick action, House Energy and Commerce Committee Chairman John Dingell Monday urged the Energy Department to expedite a rulemaking to establish an incentive program designed to encourage the...

08.07.2008 | By Johnathan Rickman

Minnesota Gov. Tim Pawlenty, currently said to be on the short list of potential Republican vice presidential candidates, Wednesday urged the GOP to "boldly" embrace new forms of energy such as wind power and biofuels to appeal to a broader base of...

08.07.2008

Venezuela's state-owned oil and natural gas company and Russia's OAO Gazprom last week signed a cooperative agreement enlisting Gazprom's Latin American subsidiary in certifying the reserves of a southeast Venezuelan oil tract that Gazprom says is...

08.06.2008 | By Johnathan Rickman

In an apparent bow to pressure from key Democrats in Congress, the Commodities Futures Trading Commission last month quietly announced that its staff has reclassified certain positions in energy futures markets from commercial to non-commercial, a move that...

08.06.2008 | By Chris Holly

In blistering critiques, environmentalists, consumer advocates and private citizens Monday blasted the economic assumptions used by the National Highway Traffic Safety Administration in developing a proposal to raise the federal fuel economy standard to at...


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Guest Column: By Llewellyn King

John McCaughey, journalist, bon vivant, friend and a past editor of The Energy Daily, died on Saturday of heart failure. He was 61. McCaughey was born to a Catholic family in Belfast, Northern Ireland, when it was not a city in which you wanted to be a... More »