As the price of oil plummets below $50 a barrel, the price of gasoline falls too. The high oil prices and record gas prices of the summer now seem years away. As we fill up our cars, the temptation will be that cheaper motoring will mean more motoring.
But not if the friendly folks from Chevron [...]

So ends a political era. The Alaskan senator Ted Stevens, the longest-serving Republican senator in history and a force on Capitol Hill for decades, yesterday finally conceded the re-election race to his Democratic rival, Mayor Mark Begich.
This brings us to the end of the “Uncle Ted” era in Alaska, when billions of  Stevens’s “pork-barrel” money [...]

American President-elect Barack Obama sent a video-taped message to a conference on climate change in Los Angeles yesterday that, under his administration, he would to promise a “new chapter in America’s leadership on climate change”, leading to a “new era of global cooperation” on the issue.
In his message, Obama pledged “a new chapter in America’s [...]

Once an oil man always an oil man. Old George W might be a lame duck President, but he still has oil flowing through his veins.
Whilst the world’s focus is on what the new Obama Presidency will do to combat climate change or energy security, old President Bush is making sure he makes the problem [...]

It was Benjamin Franklin who once said: “Certainty? In this world nothing is certain but death and taxes.”
In these uncertain times, with a volatile oil price, rising temperatures and a sea-change of political will and ideology in the White House, who would envy the CEO of a leading Fortune 500 oil company, plot the company’s [...]