foreign oil

New Mileage Standards Would Double Fuel Efficiency

To meet the standard, automakers will need to introduce new technology to improve gasoline-powered engines. And they'll need to sell more alternative fuel vehicles. Critics say the rules will add thousands to the price of new cars and make them unaffordable for many.

US May Not Need Middle East Oil For Very Long

Between cries of "Drill Baby, Drill" and the near-constant drone about our "reliance on foreign oil," you might think that the U.S. is in an energy crisis. But in fact, our reliance on imported oil has been declining since 2005, and trends in energy production and consumption look encouraging.