Energy & Environment News

International Herald Tribune - Jul. 25, 2008, 1:48 AM

Concerns about a slowing economy and rising inflation pushed oil prices down sharply for a second day on Wednesday, signaling a possible break in the oil price rally that began more than six years ago. The two-day decline totaled more than $10.50 a ...

MSNBC - Jul. 25, 2008, 1:30 AM

ANCHORAGE, Alaska - For the fifth time in a decade, the federal government will allow oil companies to bid for oil and gas leases in the sprawling National Petroleum Reserve-Alaska, officials announced Wednesday.No oil or gas production has resulted from ...

Forbes.com - Jul. 25, 2008, 1:22 AM

The Rev. Jesse Jackson used the N-word during a break in a TV interview where he criticized presidential candidate Barack Obama, Fox News confirmed Wednesday. The longtime civil rights leader already came under fire this month for crude off-air comments ...

CNBC - Jul. 25, 2008, 1:19 AM

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CNBC - Jul. 25, 2008, 1:19 AM

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Reuters - Jul. 25, 2008, 1:15 AM

ANCHORAGE (Reuters) - The Bureau of Land Management said on Wednesday it will hold an oil lease sale this autumn for acreage in the National Petroleum Reserve of Alaska that the government says could hold 8.4 billion barrels of recoverable crude. The ...

CNBC - Jul. 25, 2008, 1:15 AM

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Reuters - Jul. 25, 2008, 1:15 AM

WASHINGTON (Reuters) - Congressional efforts to pass a bill stripping energy companies of oil tract leases they say are not being developed quickly enough could delay efforts to ramp up domestic production. Democrats from the House of Representatives ...

CNBC - Jul. 25, 2008, 1:15 AM

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Forbes.com - Jul. 25, 2008, 1:15 AM

SEOUL (Thomson Financial) - South Korean shares are expected to open higher on Thursday as investors seek bargains following a three-day losing streak, encouraged by Wall Street's overnight rally and a sharp pullback in oil prices. 'Wall Street's sharp ...