Stuck on Oil Dependence
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The Department of Energy issues a report detailing how continuing the current energy policy will increase our oil dependence for decades to come. In Autopia.
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The move threatens to slow the development of the largest oil find in the world in three decades.
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Any serious effort to ease America&#39;s addiction to Middle East oil starts near this Alberta boomtown cut out of Canada&#39;s great boreal forest.
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NEW YORK - Oil's record rally stalled yesterday after an OPEC minister said the group could not rule out another output hike and may call an early formal meeting next month in Saudi Arabia.
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Record-setting natural gas and oil prices are teaming up to create a winter of discontent for many households. With crude oil breaking $50 a barrel and continuing to climb, it is time to consider how to offset
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Battered oil prices struggled on Friday to shake off this week's &#36;6 slump, edging up from a 12-week low after a massive round of selling triggered by easing worries about winter supply.
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The world's giant oil companies, flush with cash, they find themselves in a paradoxical position - they are making more money than they can comfortably spend.
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Crude hovers around $46 a barrel amid demand from most populous country, damage reports from Ivan. LONDON  - Oil prices held above $46 a barrel Tuesday as China showed no letup in its strong demand
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HONG KONG (Dow Jones)--China&#39;s thirst for oil has created boom times for tanker companies. And despite Beijing&#39;s efforts to cool the economy, demand for oil isn&#39;t likely
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Dwindling petroleum engineers create another challenge for the industry.
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The world&#39;s oil supply has never seemed so precarious. The war in Iraq has cast a shadow over that country&#39;s ability to export crude.
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LONDON SEPTEMBER 6: Oil prices eased on Monday as speculative funds continued to take profits but a tight global supply picture stopped the selling from gaining much momentum.
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Oil held near its lifetime high of $100 a barrel on Thursday, fuelled by expectations of another fall in U.S. fuel stocks and a struggling U.S. dollar.
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Political headwinds are likely to batter this oil producer's results.
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Crude oil vaulted through a psychological barrier amid concern about whether production can keep up with rising global demand.
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Oil settled at a one-month low on Tuesday amid intensifying worry a weak U.S. economy could trigger a global slowdown in energy demand.
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By H. JOSEF HEBERT WASHINGTON - A push from Congress and the White House for huge increases in biofuels, such as ethanol, is prompting the oil industry to scale back its plans for refinery expansions. That could keep gasoline prices high, possibly for years to come.