It's going to be another cold winter in many parts of the country. Staying warm will likely come at a high cost, with heating bills expected to jump by as much as 25 percent. Those bills may become even steeper during the next few years, if Congress pursues any of the counterproductive energy solutions that lawmakers and candidates have recently touted in their campaigns. ...more

January 4, 2009

WASHINGTON (AP) -- The welcome sign is going out to oil and gas companies off the Atlantic and Pacific coasts. ...more

September 27, 2008

WASHINGTON - Democrats have decided to allow a quarter-century ban on drilling for oil off the Atlantic and Pacific coasts to expire next week, conceding defeat in an months-long battle with the White House and Republicans set off by $4 a gallon gasoline prices this summer. ...more

September 23, 2008

Raise your hand if you actually believe that offshore oil drilling will bring down gasoline prices at the pump. ...more

July 24, 2008

Hedge Fund Traders Buying The Presidency The fact is oil is abundant worldwide. For example, there is shale-oil in the U.S. with an estimated 2.8 trillion to 3.3 trillion barrels of recoverable oil. That equals two-thirds of the world's total reserve of crude oil. ...more

June 26, 2008