Oil, Coal & Gas - Articles

Gas shortages: get ready for more
Fortune Magazine - Fri Sep 26, 2008
NEW YORK - While Congress and Bush administration officials have been working to complete a bailout plan and stem the financial contagion on Wall Street, a different kind of economic crisis emerged across the South this week: A severe, hurricane-related gasoline shortage has curtailed trucking from Atlanta to Asheville, NC, and created a wave of panic buying among motorists. More»

ExxonMobil profit hits record on oil surge
AFP - Wed Jul 30, 2008
NEW YORK - Surging oil prices helped US energy giant ExxonMobil to a 14 percent jump in quarterly net profit to 11.68 billion dollars in results Thursday short of most forecasts on Wall Street. More»

Massive oil spill clogs Mississippi River
AFP - Thu Jul 24, 2008
NEW ORLEANS - The Mississippi River reopened to limited traffic on Friday, two days after a barge collided with a tanker spilling hundreds of gallons of fuel oil, the US Coast Guard said. More»

North Pole Could be Ice-Free This Summer
Live Science - Thu Jun 26, 2008
Arctic sea ice could break apart completely at the North Pole this year, allowing ships to sail over the normally frozen top of the world. More»

BP and Shell post big profits in era of record oil prices
Associated Press - Mon Apr 28, 2008
LONDON - BP PLC and Royal Dutch Shell PLC, Europe's two biggest oil producers, posted forecast-busting first-quarter earnings on Tuesday thanks to record crude oil prices that are expected to bolster profits across the industry. More»

Supreme Court to hear Exxon spill case
Associated Press - Sun Feb 24, 2008
CORDOVA, Alaska - For many in this coastal town, the 1989 Exxon Valdez disaster was an event so crushing that hard-bitten fishermen still get teary-eyed recalling ruined livelihoods, broken marriages and suicides. More»

Exxon Mobil posts record profits
Associated Press - Thu Jan 31, 2008
Exxon Mobil Corporation on Friday posted the largest annual profit by a US company - over $40 billion - as the world's biggest publicly traded oil company benefited from historic crude prices at year's end. More»

Judge removes himself from Massey case
Associated Press - Thu Jan 17, 2008
CHARLESTON, West Virginia - The chief justice of the state Supreme Court agreed Friday to remove himself from a pending case involving Massey Energy Company, days after vacation photos surfaced showing him in Monaco with the coal producer's top executive. More»

Bush: OPEC nations should pump more oil
Associated Press - Mon Jan 14, 2008
RIYADH, Saudi Arabia - President Bush urged OPEC nations on Tuesday to put more oil on the world market and warned that soaring prices could cause an economic slowdown in the United States. More»

New technique creates cheap, abundant hydrogen
AFP - Mon Nov 12, 2007
CHICAGO - US researchers have developed a method of producing hydrogen gas from biodegradable organic material, potentially providing an abundant source of this clean-burning fuel, according to a study released Monday. More»

Bush threatened nations that did not back Iraq war
AFP - Wed Sep 26, 2007
MADRID - US President George W Bush threatened nations with retaliation if they did not vote for a UN resolution backing the Iraq war, according to a transcript published Wednesday of a conversation he had with former Spanish prime minister Jose Maria Aznar. More»

Greenspan, Kissinger: Oil Drives U.S. in Iraq, Iran
Huffington Post - Sun Sep 23, 2007
Alan Greenspan had acknowledged what is blindingly obvious to those who live in the reality-based world: the Iraq War was largely about oil. More»

Arctic ice melt opens Northwest Passage
Associated Press - Sun Sep 16, 2007
PARIS - Arctic ice has shrunk to the lowest level on record, new satellite images show, raising the possibility that the Northwest Passage that eluded famous explorers will become an open shipping lane. More»

Call it the global warming sweepstakes
Christian Science Monitor - Mon Jul 30, 2007
As milder temperatures make exploration of the Arctic sea floor possible for the first time, Russia's biggest-ever research expedition to the region is steaming toward the immense scientific prestige of being the first to explore the seabed of the world's crown. More»

FBI searches Sen. Stevens' Alaska home
Associated Press - Mon Jul 30, 2007
ANCHORAGE, Alaska - Federal agents with cameras searched the home of US Senator Ted Stevens amid questions about an oil company official's involvement in a 2000 renovation project that doubled the home's size, law enforcement officials said. More»

Riches await as Earth's icy north melts
Associated Press - Fri Mar 30, 2007
HAMMERFEST, Norway - Barren and uninhabited, Hans Island is very hard to find on a map. More»

Exxon Spends Millions to Cast Doubt on Global Warming
The Independent, UK - Wed Dec 6, 2006
The world's largest energy company is still spending hundreds of thousands of dollars to fund European organisations that seek to cast doubt on the scientific consensus on global warming and undermine support for legislation to curb emission of greenhouse gases. More»

Shell cuts North Sea exploration
BBC - Fri Dec 16, 2005
Oil giant Shell has cut its plans for North Sea exploration, blaming Chancellor Gordon Brown's tax hikes for the move. More»

Fuel's paradise? Power source that turns physics on its head
The Guardian UK - Sat Nov 5, 2005
It seems too good to be true: a new source of near-limitless power that costs virtually nothing, uses tiny amounts of water as its fuel and produces next to no waste. More»

The cost of war
CNN - Wed Feb 5, 2003
NEW YORK - Before he got the boot, former White House economic adviser Larry Lindsey said he thought a war with Iraq would cost $100 billion to $200 billion. More»

- Thu Jan 1, 1970
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