Energy
If you think you're paying a lot at the gas pump now, just wait until summer hits. Stronger demand could lead to record gas prices as an economic recovery takes hold and turmoil in the Middle East sends the price of oil upward. How high? $5 a gallon isn't out of the realm of the possible.
How to Heat Your Home for Free (or Profit) This Winter
12:45PM 1/24/2012
Energy, Investing, Exxon Mobil, BP, Chevron, ConocoPhillips, Economizer
Like they say: If you can't beat 'em, join 'em. With the price of home heating oil on the rise, and likely to go on rising due to global politics, now might be a good time to place a bet on oil to hedge against the costs of keeping the homestead warm.
Oil prices fell Friday as Greece's debt negotiations sparked new concerns about Europe's financial problems. Greece officials said that they are confident a deal will be reached with private creditors who are being asked help ease the country's debt load. An agreement is necessary for Greece to receive a new round of bailout money to prevent a default on its debt.
Feeling the earth move under one's feet can be unsettling, even in places where it's a natural and fairly common occurrence. But far more disconcerting is when major tremors in places unaccustomed to earthquakes can be traced to human causes like fracking.
BP has big problems, and not just because of the Gulf of Mexico oil spill and the $20 billion compensation fund it set up to pay the victims.
The petro-giant has been missing Wall Street's profit targets lately, thanks to sloppy operations and a general trend toward lower gasoline consumption.
How the (Finally Ended) Corn Ethanol Subsidy Made Us Fatter
12:40PM 1/04/2012
America's food chain has lately produced a bumper crop of scary news, but the worst food-related threat to our health was being caused by U.S. energy policy: Here's how the corn ethanol subsidy was making us fatter, and why to be glad that Congress finally killed it.
Americans have grown used to oil at $100 a barrel and paying more than $3 per gallon for gas at the pump. But don't get too comfy -- the price of filling up is probably going up in 2012.
The EPA's Christmas Gift to Us All: Fewer Poisons in Our Air
10:15AM 12/27/2011
Last week, the EPA unveiled rules that establish the first national limits on power plant emissions of a host of poisonous airborne pollutants. It's estimated that they'll save the country billions of dollars in health care costs.
Oil prices are soaring again, but motorists don't need to worry %u2014 yet. The price of crude has jumped 22 percent since the beginning of October and is nearing $100 a barrel.
Tens of thousands of Connecticut residents went to bed wondering whether they would awake Monday to find themselves among an unenviable fraternity: the small percentage of people entering their second week without power.
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