Snow flies in your face as furry friends pull you across the isolated tundra. You feel the air freeze your breath, but the cold won't stop you. You're facing Mother Nature head on -- with the help of a trusty guide, of course.
Gas prices are expected to keep up their record rise this spring, soaring well past $4 a gallon in some areas. Now Congress wants to know what to do about it.
House Speaker Nancy Pelosi Thursday blamed the "two oil men in the White House," President Bush and Vice President Dick Cheney, and their Republican allies in Congress for gas prices exceeding $4 a gallon.
House Speaker Nancy Pelosi called President Bush "a total failure" on Thursday, among the California Democrat's harshest assessments to date of the president.
President Bush pressed lawmakers Tuesday to lift a ban on offshore oil drilling, saying "the only thing standing between the American people and these vast oil resources is action from the U.S. Congress."
U.S. House Speaker Nancy Pelosi on Tuesday urged President Bush to release crude oil from the nation's Strategic Petroleum Reserve to combat high prices, a call Republicans used to bolster their push to increase domestic production with more drilling in environmentally sensitive areas.
With oil prices hitting a record high on Monday, the chairman and CEO of Chevron, David O'Reilly, and Robert F. Kennedy Jr., senior attorney for the National Resource Defense Counsel, appeared on CNN's "Larry King Live" to discuss America's energy future.
Snow flies in your face as furry friends pull you across the isolated tundra. You feel the air freeze your breath, but the cold won't stop you. You're facing Mother Nature head on -- with the help of a trusty guide, of course.
Gas prices are expected to keep up their record rise this spring, soaring well past $4 a gallon in some areas. Now Congress wants to know what to do about it.
House Speaker Nancy Pelosi Thursday blamed the "two oil men in the White House," President Bush and Vice President Dick Cheney, and their Republican allies in Congress for gas prices exceeding $4 a gallon.
House Speaker Nancy Pelosi called President Bush "a total failure" on Thursday, among the California Democrat's harshest assessments to date of the president.
President Bush pressed lawmakers Tuesday to lift a ban on offshore oil drilling, saying "the only thing standing between the American people and these vast oil resources is action from the U.S. Congress."
U.S. House Speaker Nancy Pelosi on Tuesday urged President Bush to release crude oil from the nation's Strategic Petroleum Reserve to combat high prices, a call Republicans used to bolster their push to increase domestic production with more drilling in environmentally sensitive areas.
With oil prices hitting a record high on Monday, the chairman and CEO of Chevron, David O'Reilly, and Robert F. Kennedy Jr., senior attorney for the National Resource Defense Counsel, appeared on CNN's "Larry King Live" to discuss America's energy future.
Oil companies and many lawmakers are pressing to open up more U.S. areas for drilling. But the industry is drilling on just a fraction of areas it already has access to.
President Bush will sign a bill halting U.S. government purchases of oil to replenish the nation's emergency supply, a White House spokesman said Monday.
Fresh after approving a bill to open the East and West coasts for offshore drilling, a report Wednesday said the House of Representatives is considering two more energy-related items that would expand domestic oil production and encourage renewable technologies.
While Washington debates yet another measure to open the Arctic National Wildlife Refuge to drilling, Alaska's state legislature is betting that Pac/West Communications, an Oregon PR firm well vers...
Most American taxpayers would get $100 rebate checks to offset the pain of higher pump prices for gasoline, under an amendment Senate Republicans hope to bring to a vote soon.
The U.S. Senate on Thursday narrowly passed a $2.8 trillion election-year budget that would continue a string of huge deficits while also rejecting some of President George W. Bush's domestic spending priorities.
Oil drilling companies are upset that the Bush administration has proposed killing funding for oil and natural gas exploration research and development programs at the Department of Energy, an industry lobbyist said Monday.
After the national nightmare of September 11, 2001, those urging their fellow Americans to pursue a particular activity or to support a particular public policy -- whether drilling in the Arctic National Wildlife Refuge, or outlawing civil unions between gay Americans, or buying a new car -- would often argue that their fellow Americans' unwillingness or refusal would force the world to conclude: "... then the terrorists have won!"
Legendary American geophysicist M. King Hubbert famously predicted in 1956 that U.S. oil production would peak in the early 1970s. Though ridiculed at the time, his prediction -- today known as "Hubbert's peak" -- came true, and domestic production has declined ever since.
A week after postponing a vote on a budget-cutting package, House Republicans eked out a narrow 217-215 win early Friday, passing a bill to trim about $50 billion from the deficit over the next five years.
Last Wednesday, leaders of conservative and moderate factions in the House Republican conference sat down to discuss a joint call for new leadership elections. No agreement was reached, and the events of the next 24 hours destroyed the budding coalition while exposing the ineffectiveness of current leaders. Abandonment of oil drilling in the Arctic failed to appease the moderate bloc, and the leaders pulled down the budget-cutting bill late Thursday.
House Republican leaders abruptly called off a vote Thursday on a bill that would trim $50 billion in spending after moderate Republicans resisted cuts to a range of social programs, including Medicaid, student loans and food stamps.
Citing fears that the U.S. government may allow oil drilling in the Arctic National Wildlife Refuge, about 100 protesters sought to melt their opponents' arguments with a Capitol Hill rally Friday featuring a gigantic baked Alaska.
Shortly before the House began debate Wednesday on an energy bill aimed primarily at making the country less dependent on overseas oil, a House committee chairman involved in the legislation bluntly dismissed a key provision to boost the use of hydrogen fuels.
NEW YORK (CNN/Money) - Gasoline is tracking the rising cost of oil, reaching a new all-time high just a day after U.S. light crude did the same, and well before the peak demand summer driving season.
President Bush said Wednesday he's worried about gas prices rising to near-record highs and urged Congress to approve his plan to drill for oil in the Arctic National Wildlife Refuge in Alaska.
BUSH'S CLAIM: Gas prices wouldn't be so high today had Clinton approved oil drilling in Alaska's Arctic National Wildlife Refuge (ANWR) in 1995. Says Bush: "An additional million barrels would have...
Watergate spawned campaign-finance reform and Iran-Contra sparked a major revamping of national-security agencies. But Enron will produce more change in D.C. than any scandal in 30 years--Congress ...
Politics is storytelling, and Democrats are the bards of environmentalism. They've convinced lots of people that Bush would replace the Washington Monument with an oil derrick for the sake of big b...
BLACK SEAS. Black rain. Black death. The Persian Gulf is now the inferno that the oil industry has speculated about -- and dreaded -- for decades. More than 500 of the best oil wells on earth are b...
Long before Saddam Hussein underscored the need for the U.S. to be less dependent on Middle East oil, President Bush directed the Department of Energy to put together the thoughts of industrial lea...
The U.S. imported more oil in 1989 than in any year since 1979 -- 46% of the nation's demand. The cost -- some $49 billion -- contributed to 44% of the year's trade deficit. And because domestic pr...
This might have been a splendid year on Capitol Hill for the oil industry. The outlook for legislation permitting it to develop Alaska's Arctic National Wildlife Refuge -- the nation's most promisi...
Secretary of the Interior Donald Hodel touched off new battles between the Reagan Administration and environmentalists by recommending that Congress open 1.5 million acres in the Arctic National Wi...
ALAN ''ACE'' GREENBERG, 59, chief executive of investment firm Bear Stearns, which coughed up $169,000, the largest single contribution, for New York Governor Mario Cuomo's reelection campaign: ''W...
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