U.S. Gas Fields Go From Bust to Boom
CADDO PARISH, La. — A massive natural-gas discovery here in northern Louisiana heralds a big shift in the nation’s energy landscape. After an era of declining production, the U.S. is now swimming in natural gas.
Even conservative estimates suggest the Louisiana discovery — known as the Haynesville Shale, for [...]

BOSTON – Citgo, the Venezuelan government’s Texas-based oil subsidiary, has suspended shipments of heating oil for poor families in the United States, citing falling oil prices and the world economic crisis, the nonprofit organization that distributes the fuel said Monday.
The controversial program gave fuel from Venezuelan President Hugo Chavez’s government to 200,000 households in 23 [...]

OKLAHOMA CITY — As he prepares to address a wind-power conference in Oklahoma, billionaire energy magnate T. Boone Pickens said it shouldn’t seem strange that he is interested in wind and other alternative energy sources.
“It’s not totally unrelated to the oil business,” Pickens told The Associated Press. “It’s an energy business. It’s easy for [...]