Nov 6th, 2008 · An Obama presidency will mean different things to different U.S. industries. Based on campaign rhetoric and conventional wisdom, alternative energy companies and some health care firms could benefit. The petroleum industry could be in for a hard time.
Aug 5th, 2008 · Barack Obama wants to tap into the strategic petroleum reserve to ease gas prices. John McCain wants to allow offshore drilling for oil. Margie Kriz, an energy and environmental correspondent for the National Journal, offers her insight about their positions.
Aug 5th, 2008 · Sen. Barack Obama was in the battleground state of Michigan on Monday and talked about his energy policy. His plan includes the possibility of limited new offshore drilling, and tapping the strategic petroleum reserve — both of which he once opposed.
Aug 4th, 2008 · Sen. Barack Obama has proposed that the government sell 70 million barrels of oil from its strategic petroleum reserve to help reduce gasoline prices. He has previously opposed such a move. John McCain, meanwhile, again has called for offshore drilling.
Jul 28th, 2008 · Rising travel costs and soaring gas prices are turning surfing into an even more expensive hobby. It doesn't help either that surf boards are made with petroleum, an increasingly expensive product.
Jul 14th, 2008 · Lawmakers are hearing about little else besides high gasoline prices, and that's what tops the Capitol Hill agenda this week. House Republican leader John Boehner is taking a delegation on an "energy tour" that includes the Arctic National Wildlife Refuge in Alaska. Among other things, Democrats are introducing plans to release oil from petroleum reserves, ban oil exports from Alaska.
Jun 30th, 2008 · The annual World Petroleum Congress is under way in Madrid, Spain. And while the Saudis and other OPEC oil ministers are among those registered for the conference, they are not expected to offer any solutions for soaring prices, now more than $141 a barrel.
May 13th, 2008 · When gas prices go up, Congress tries to do what it can to make them go back down. The Senate votes Tuesday on two measures. Proposals from Democrats and Republicans would stop the federal government's practice of adding 70,000 barrels of oil a day to the Strategic Petroleum Reserve. The Republicans' plan would also expand domestic oil production.