Defying the Republican-run Congress, President Barack Obama rejected a bill Tuesday to approve construction of the Keystone XL oil pipeline, wielding his veto power for only the third time in his presidency.
With the recent dip in oil prices, the Environmental Protection Agency wants the State Department to “revisit” how much of a toll the Keystone XL oil pipeline would have on global warming.
BP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together.
Let’s check some of the claims about the pipeline as a bill approving it heads toward likely passage by the Republican-led Senate and a veto by President Barack Obama.
A New York City businessman has pleaded guilty to stealing from the Metropolitan Transportation Authority by providing poor-quality oil for city buses and passing it off as the good stuff.
Pain at the pump comes every February when refineries switch over to summer blends. This year crude oil prices are also up and gas station owners said that their prices have gone up 12 cents in just two weeks.
Homeowners on Long Island were stuck cleaning up a slick that was left in their basement after someone made an oil delivery to the wrong address.
Two international shipping firms pleaded guilty to obstruction and other charges in connection with what the U.S. Attorney’s Office characterized as a pattern of falsifying records to hide the illegal dumping of engine sludge and oil-contaminated waste into the ocean.
CBS 2’s Tony Tantillo is back in the kitchen with his daughter Stephanie, tonight they are throwing together a quick and easy spaghetti dish.
The two presidential candidates were asked a question by CBS Local about Obamacare vs. Romneycare and asked them to talk about the similarities or differences between the two plans.
Today on the CBS Local forum, Romney and Obama were asked: What will you do to make the U.S. more energy independent?
Americans continually hear that the president of the United States can do nothing about gas prices. John Hofmeister says that isn’t true. The doubled gas prices could have been avoided but no one in a political position who can do anything about the prices wants to do anything.
Motorists are seeing sharply lower prices at the pumps in New Jersey.
Deciphering a utility bill can be very confusing. Recently, a Long Island man found charges on his bill that didn’t seem to add up. He decided to contact CBS 2’s Asa Aarons to find out what was driving up the cost of his gas.
If you heat your home with oil, then you already know that the costs can fluctuate. Everything from geopolitical tensions to changes in the local weather can affect the price of your oil.