Clouds parted on the crude oil markets Thursday, as a nearly universal rally on the global equity markets pushed oil back above $40 per barrel and to its largest single-day gain since 2009.
President Obama’s summer climate change tour will culminate in the Alaskan Arctic next week, putting him in a setting that has experienced the country’s most dramatic climatic changes and one that Obama hopes will help him boost public support.
This score is kind of insane. Tesla Motors Inc.’s all-wheel-drive version of the battery-powered Model S, the P85D, earned a 103 out of a possible 100 in an evaluation by Consumer Reports magazine.
North Dakota’s oil and gas industry and the state’s top oil regulator are asking a panel to delay the next goal for reducing the flaring of natural gas, citing unforeseen circumstances including a glut of cheap gas, stalled infrastructure projects and difficulty obtaining permits and right-of-way for pipelines.
Sea levels worldwide rose an average of nearly 3 inches (8 cm) since 1992, the result of warming waters and melting ice, a panel of NASA scientists said on Wednesday.
The Michigan Attorney General is warning gas stations in his state not to gouge consumers in the wake of a BP refinery outage in Whiting.
A new report alleges that the Gulf kingdom’s “faulty justice system facilitates judicial executions on a mass scale.”
Gov. Jerry Brown, who is in the middle of a political battle over climate-change legislation, took aim at oil companies Monday, saying they sell a “highly destructive” product.
Oil, the lifeblood of many countries that produce and sell it, appears to be rapidly turning into an ever-cheaper economic curse.
