DALLAS–(BUSINESS WIRE)–Today energy expert T. Boone Pickens provided his sixth consecutive monthly update on the level of United States’ oil importation.
Pickens said that based on the latest figures from the U.S. Department of Energy’s Energy Information Administration (EIA), the U.S. imported 65 percent of its oil, or 366 million barrels, in May 2009, sending approximately [...]

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 [...]

Rowan’s EDC exploring the possibilitiesCould Duke Energy’s $50 million plan to put energy-producing solar panels on hundreds of rooftops across North Carolina help generate jobs in Rowan County?
The Duke plan, which was approved last week by the state Utilities Commission, is just one example of the growth in the “green” or alternative energy sector that [...]

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 [...]

By H. JOSEF HEBERT
WASHINGTON (AP) — It’s an attention-grabbing claim: Americans each year are sending $700 billion to unfriendly countries for oil, as much as the entire cost of the Wall Street bailout plan. In rare agreement, both presidential candidates use the number. But is it real?
“We have to stop sending $700 billion a year [...]

What’s going to happen in the long term? Here are five reasons Oil will go much higher, and maybe sooner than we think.
First, global demand is accelerating. The U.S. Energy Information Administration (EIA) said demand will reach more than 115 million barrels per day by 2030. T. Boone Pickens has recently [...]

Keith Johnson
As Hurricane Ike barrels through the Gulf of Mexico, crude oil prices are still falling, closing in on the $100 mark—a big difference with the market’s jittery reaction to the arrival of Hurricane Gustav.
Why is that? Ike’s current projected path would take it to the Texas gulf coast by Friday—smack in the heart of [...]