When it comes to taking oil and natural gas from government land and waters, the oil companies are getting a good deal, says a...

 Oil futures plunged by more than $2 a barrel Friday after news that Cyclone Gonu had spared major oil installations in the Gulf of...

Energy futures rose Friday, rebounding from a big drop a day...

Motorists pulled in to Harvey Pollack's gas station Thursday, honked and...

Oil prices showed mixed fortunes Tuesday, amid the start of the...

US consumer prices increased 0.7 percent in May as gasoline costs...

Gasoline prices extended their upward climb Tuesday, jumping another penny overnight...

China has discovered huge gas reserves in the southwestern province of...

Oil closed above $69 a barrel, a nine-month high, and gasoline...

Benchmark oil prices for the American market eased Monday after a Nigerian militant group announced a one-month cease-fire and a U.S. gasoline pipeline was...