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oil

File photo of a person holding a gas pump. (Photo Illustration by Miguel Villagran/Getty Images)

Study: Influx Of Over 600,000 Jobs Supported By Gas, Oil Over Past 2 Years

A recent study has found that, since 2011, over 600,000 jobs have been created in America by the oil and gas industry.

08/02/2013

The Energy Department and several investors predict that the US could soon overtake Saudi Arabia in oil output. (Photo by Mario Tama/Getty Images)

Energy Dept. And Investors: US Can Produce More Oil Than Saudi Arabia

U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world’s biggest producer.

10/24/2012

President Barack Obama and Gov. Mitt Romney. (Getty Images/Luke Sharrett and Joe Raedle)

CBS Local Presidential Forum: Obama/Romney: Duke It Out Over Energy And Health Care

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.

10/15/2012

President Barack Obama and Gov. Mitt Romney. (Getty Images/Luke Sharrett and Joe Raedle)

CBS Local Presidential Forum Obama/Romney: Square Off Over Education and Energy

Today on the CBS Local forum, Romney and Obama were asked: What will you do to make the U.S. more energy independent?

10/12/2012

A man pumps gas in California (Credit: FREDERIC J. BROWN/AFP/GettyImages)

Opinion: Gas Prices Are The Government and Obama’s Fault

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.

10/10/2012

There are 18 fewer U.S. rigs actively searching for oil this week.  (Photo credit should read ATTA KENARE/AFP/Getty Images)

Number Of Exploring U.S. Oil Rigs Drops

The number of rigs actively exploring for oil and natural gas in the U.S. fell by 18 this week to 1,935 from the previous week.

07/20/2012

A Cabot Oil and Gas natural gas drill stands at a hydraulic fracturing site on Jan. 18, 2012 in South Montrose, Pa. (credit: Spencer Platt/Getty Images)

Study Finds No Direct Link Between Fracking, Groundwater Contamination

A University of Texas study says there’s no direct link between groundwater contamination and a controversial process to extract oil and gas known as fracking.

02/17/2012