While there might be plenty of oil left below the surface of our planet, it won’t be enough to prevent an oil shock in the short-term future.

Gas prices are nearly 70 cents higher than a year ago, but Saudi Arabian Oil Minister Ali al-Naimi says that current crude oil prices are “beautiful.”

This is probably your last chance to buy into oil before it starts to plunder the economy again.

The 4 percent spike was the largest percentage gain since late September.

Peak oil must serve as an "alarm that we need to take more seriously" by diversifying Saudi Arabia's economy, Mohammed al-Sabban said.

First OPEC wanted to be compensated if climate change legislation costs them revenue, and now this: OPEC: give us certainty to investYou only get a small preview of the following story, but I found the bit that is accessible to be pretty humorous:...

Crude oil closed nine cents lower at $67.96 amid high supply by OPEC and low demand by Americans.

I have seen a flurry of recent predictions on oil and gas prices going forward, so I thought I would share some. Most of them support the thesis I recently put forward that we are setting the stage for another run on prices over the next 3-5 years. But ...

I had a feeling we were going to see this pretty soon in response to falling oil prices. It seems that OPEC has grown fond of the idea of oil >$100/bbl. Iran and Venezuela have both been making noise about the need to cut production to defend that price, and ...

I have long maintained that the root of our energy problems in the U.S. stems from our failure to enact a consistent, long-term energy policy. Big energy projects generally take years to complete, and when there is an extra risk that the government will change the rules halfway through the ...