| Oct 14, 2009
| 4:47 AM
Oil prices jumped above $75 a barrel Wednesday in Asia for the first time in a year on investor optimism crude demand will improve ahead of the Christmas shopping season.
Benchmark crude for November delivery was up 73 cents to $74.88 by late afternoon...
| Aug 17, 2010
The government said Monday it is toughening environmental reviews for all new deepwater oil drilling, ending an easy path to oil riches that allowed BP to drill its blown-out well in the Gulf of Mexico with little federal scrutiny.
The step is meant to...
| Apr 27, 2010
| 10:57 AM
Friday evening, the United States Coast Guard suspended the search and rescue operation for the 11 men missing in the oil rig explosion.
The 11 missing crewmembers from the mobile offshore drilling unit Deepwater Horizon are still unaccounted for after...
| Apr 22, 2010
Survivors of a thunderous blast aboard an oil platform off the Louisiana coast were being reunited with their families at a suburban New Orleans hotel early Thursday as the search for 11 missing workers continued.
About 100 workers had made it to a...
| Apr 22, 2010
Eleven workers missing from an offshore oil platform may not have escaped after a massive explosion, officials said Thursday.
Crews continued to search by air and water for those missing from the Deepwater Horizon, which burned for nearly a day before...
| Sep 29, 2004
As oil prices soar, so does the importance of energy as an issue in the presidential campaign.
The nation's growing reliance on overseas sources of energy has foreign policy implications for President Bush and Sen. John Kerry, but it is a local issue for...