New Rules Proposed As 5-Year Anniversary Of Oil Spill NearsAlmost five years after the Deepwater Horizon oil spill, the Obama administration has proposed new regulations aimed at strengthening oversight of offshore oil drilling equipment and ensuring that out-of-control wells can be sealed in an emergency.
Defying GOP, Obama Vetoes Keystone XL Pipeline BillDefying 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.
EPA: Keystone XL's Climate Impacts Need To Be RevisitedWith 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 To Sell Part Of Its Gulf Of Mexico Stake To ChevronBP 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.
Both Sides In Keystone XL Debate Bend FactsLet'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.
City Businessman Pleads Guilty To Ripping Off MTA With Low-Quality FuelA 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.
Long Island Drivers Met With Higher Gas Prices As Oil Companies Prepare For SpringPain 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.
L.I. Homeowners Stuck Cleaning Up Mystery Oil SlickHomeowners 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.
Germany, Cyprus Based Shipping Companies Admit Dumping Off U.S. ShoresTwo 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.
Tony's Table: Spaghetti With Oil And ParsleyCBS 2's Tony Tantillo is back in the kitchen with his daughter Stephanie, tonight they are throwing together a quick and easy spaghetti dish.
CBS Local Presidential Forum: Obama/Romney: Duke It Out Over Energy And Health CareThe 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.
CBS Local Presidential Forum Obama/Romney: Square Off Over Education and EnergyToday on the CBS Local forum, Romney and Obama were asked: What will you do to make the U.S. more energy independent?