The fact is Americans pay less for gasoline than virtually any other OECD country, while Europeans generally pay amongst the highest prices in the world -- not just amongst OECD countries but amongst all countries.
The promise was displayed prominently at the top of the "economy" section of Obama's campaign website. However, the language regarding the windfall profits tax vanished in an unceremonious and abrupt manner.
WASHINGTON -- The Democrats' Senate campaign committee is making good Thursday on its promise to try to tar several GOP contenders with their votes pr...
American corporations, including Big Oil, don't need more tax breaks to "create jobs." It's time we call Big Oil and the Republican Tea Party on their nonsense.
(AP) NEW YORK -- ConocoPhillips, the nation's third-largest oil company, said Thursday that it will split itself into two separate publicly traded com...
WASHINGTON -- Democrats are taking a cheeky shot at Republicans pegged to the pending regal nuptials in England, popping up a new website that dubs th...
The House Select Committee on Energy Independence and Global Warming has called the chief executives of America's top five oil companies to testify on...
Just what is Chevron trying to prove with these actions? Do they really need the money, which includes $190,000 in photocopying charges, and that accounts for less than a rounding error for the company?
How many Americans would have a little more in their savings accounts to see them through tough times if some new alibi didn't enshrine each new high in the price of oil?
Every so often an idea comes along that rings with such clarity and purpose that it ignites the imaginations of millions of people. That spark of exci...
HOUSTON - Exxon Mobil Corp., the world's largest publicly traded oil company, says it shattered its own record for the biggest profit from operations ...
The next administration should implement a massive national program to innovate the next generation of carbon-emission-free energy based on hydrogen, fusion, or other technologies.
What will it be? A nod to Israel to bomb Iran? An American-engineered coup in Pakistan? Whatever it is, it is coming and if Obama intends to weather the dirty trick he will have to be prepared.
More domestic drilling means more product for oil companies to sell at the high world market price. The consumer doesn't see a cent, while oil companies rake in even more cash.
Until oil companies start acting like they are on the American team and help us reduce ALL oil consumption, I will be glad we have lots of grassroots advocacy campaigns to keep the pressure on them.