House Speaker John Boehner told his Republican caucus Wednesday that the House will postpone voting on a massive transportation and energy bill until after the congressional recess scheduled for next week, according to multiple House Republican leadership aides.
A lot of politicians are weighing in with demands before they'll support raising the debt ceiling. Most of their conditions are related to debt, such as put in place a debt reduction plan or cut spending.
Most people are never really alone. Living here in New York, we're constantly surrounded by others. Even in the state's biggest wilderness, the Adirondacks, you can't get more than 15 miles or so from civilization. Similar levels of population density can be found in most of the lower 48 states. So when we heard about Heimo and Edna Korth, a couple who live 150 miles above the Arctic Circle and 60 miles from their nearest neighbors, we had to go meet them.
Living off the land in Alaska, the Korths live more remotely than perhaps anyone else in America. Go to VBS.TV for more.
Snow flies in your face as furry friends pull you across the isolated tundra. You feel the air freeze your breath, but the cold won't stop you. You're facing Mother Nature head on -- with the help of a trusty guide, of course.
Gas prices are expected to keep up their record rise this spring, soaring well past $4 a gallon in some areas. Now Congress wants to know what to do about it.
You've no doubt heard the language by now -- that Americans are plagued by an oil addiction.
CNN's Elaine Quijano reports the U.S. isn't really addicted to oil, but it's close.
When Texas oilman, investor and sometime political player T. Boone Pickens talks, people listen.
T. Boone Pickens says now is the time to act on the nation's climate problems.
House Speaker Nancy Pelosi Thursday blamed the "two oil men in the White House," President Bush and Vice President Dick Cheney, and their Republican allies in Congress for gas prices exceeding $4 a gallon.
House Speaker Nancy Pelosi says she opposes expanding offshore oil drilling.
Rep. Nancy Pelosi says she's "disappointed" with Congress over the war in Iraq. Watch the entire interview on Late Edition.
House Speaker Nancy Pelosi called President Bush "a total failure" on Thursday, among the California Democrat's harshest assessments to date of the president.
Pres. Bush says it is time to find alternative sources of energy with technology and finding oil and gas at home.
President Bush pressed lawmakers Tuesday to lift a ban on offshore oil drilling, saying "the only thing standing between the American people and these vast oil resources is action from the U.S. Congress."
President Bush lifted an executive order banning offshore oil drilling on Monday and urged Congress to follow suit.
CNN's Elaine Quijano reports President Bush will announce the executive ban on offshore oil drilling will be lifted.
U.S. House Speaker Nancy Pelosi on Tuesday urged President Bush to release crude oil from the nation's Strategic Petroleum Reserve to combat high prices, a call Republicans used to bolster their push to increase domestic production with more drilling in environmentally sensitive areas.
Oil companies and many lawmakers are pressing to open up more U.S. areas for drilling. But the industry is drilling on just a fraction of areas it already has access to.
President Bush will sign a bill halting U.S. government purchases of oil to replenish the nation's emergency supply, a White House spokesman said Monday.
As sure as spring brings showers and flowers it also brings gasoline price spikes.
When gasoline prices raced toward $3 a gallon back in May, the fiery rhetoric from Washington was non-stop.
Fresh after approving a bill to open the East and West coasts for offshore drilling, a report Wednesday said the House of Representatives is considering two more energy-related items that would expand domestic oil production and encourage renewable technologies.
Fortune: Spinning ANWR updated: Thu May 11 2006 12:10:00
While Washington debates yet another measure to open the Arctic National Wildlife Refuge to drilling, Alaska's state legislature is betting that Pac/West Communications, an Oregon PR firm well vers...
Most American taxpayers would get $100 rebate checks to offset the pain of higher pump prices for gasoline, under an amendment Senate Republicans hope to bring to a vote soon.
The U.S. Senate on Thursday narrowly passed a $2.8 trillion election-year budget that would continue a string of huge deficits while also rejecting some of President George W. Bush's domestic spending priorities.
Oil drilling companies are upset that the Bush administration has proposed killing funding for oil and natural gas exploration research and development programs at the Department of Energy, an industry lobbyist said Monday.
After the national nightmare of September 11, 2001, those urging their fellow Americans to pursue a particular activity or to support a particular public policy -- whether drilling in the Arctic National Wildlife Refuge, or outlawing civil unions between gay Americans, or buying a new car -- would often argue that their fellow Americans' unwillingness or refusal would force the world to conclude: "... then the terrorists have won!"
CNNMoney: Oil shaleupdated: Fri Dec 09 2005 11:48:00
Legendary American geophysicist M. King Hubbert famously predicted in 1956 that U.S. oil production would peak in the early 1970s. Though ridiculed at the time, his prediction -- today known as "Hubbert's peak" -- came true, and domestic production has declined ever since.
A week after postponing a vote on a budget-cutting package, House Republicans eked out a narrow 217-215 win early Friday, passing a bill to trim about $50 billion from the deficit over the next five years.
Last Wednesday, leaders of conservative and moderate factions in the House Republican conference sat down to discuss a joint call for new leadership elections. No agreement was reached, and the events of the next 24 hours destroyed the budding coalition while exposing the ineffectiveness of current leaders. Abandonment of oil drilling in the Arctic failed to appease the moderate bloc, and the leaders pulled down the budget-cutting bill late Thursday.
House Republican leaders abruptly called off a vote Thursday on a bill that would trim $50 billion in spending after moderate Republicans resisted cuts to a range of social programs, including Medicaid, student loans and food stamps.
Citing fears that the U.S. government may allow oil drilling in the Arctic National Wildlife Refuge, about 100 protesters sought to melt their opponents' arguments with a Capitol Hill rally Friday featuring a gigantic baked Alaska.
Shortly before the House began debate Wednesday on an energy bill aimed primarily at making the country less dependent on overseas oil, a House committee chairman involved in the legislation bluntly dismissed a key provision to boost the use of hydrogen fuels.
NEW YORK (CNN/Money) - Gasoline is tracking the rising cost of oil, reaching a new all-time high just a day after U.S. light crude did the same, and well before the peak demand summer driving season.
For those who thought gas prices were troubling before, there's a new reason to complain about pain at the pump.
President Bush said Wednesday he's worried about gas prices rising to near-record highs and urged Congress to approve his plan to drill for oil in the Arctic National Wildlife Refuge in Alaska.
Oil prices hit a record high Wednesday after a report showed sharper-than-expected declines in gasoline and heating oil inventories.
The day of pageants and protest and prayer and 10,000 No Parking signs is as close as America comes to a coronation day.
BUSH'S CLAIM: Gas prices wouldn't be so high today had Clinton approved oil drilling in Alaska's Arctic National Wildlife Refuge (ANWR) in 1995. Says Bush: "An additional million barrels would have...
Watergate spawned campaign-finance reform and Iran-Contra sparked a major revamping of national-security agencies. But Enron will produce more change in D.C. than any scandal in 30 years--Congress ...
Politics is storytelling, and Democrats are the bards of environmentalism. They've convinced lots of people that Bush would replace the Washington Monument with an oil derrick for the sake of big b...
BLACK SEAS. Black rain. Black death. The Persian Gulf is now the inferno that the oil industry has speculated about -- and dreaded -- for decades. More than 500 of the best oil wells on earth are b...
Long before Saddam Hussein underscored the need for the U.S. to be less dependent on Middle East oil, President Bush directed the Department of Energy to put together the thoughts of industrial lea...
Fortune: EXXON BEFOULEDupdated: Mon Apr 24 1989 00:01:00
This might have been a splendid year on Capitol Hill for the oil industry. The outlook for legislation permitting it to develop Alaska's Arctic National Wildlife Refuge -- the nation's most promisi...
Secretary of the Interior Donald Hodel touched off new battles between the Reagan Administration and environmentalists by recommending that Congress open 1.5 million acres in the Arctic National Wi...
Fortune: NOW HEAR THISupdated: Mon Dec 22 1986 00:01:00
ALAN ''ACE'' GREENBERG, 59, chief executive of investment firm Bear Stearns, which coughed up $169,000, the largest single contribution, for New York Governor Mario Cuomo's reelection campaign: ''W...
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