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Channel: Ed Hirs – Fuel Fix
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Military and business leaders urge US to end oil’s fuel monopoly

In a report issued Tuesday, former U.S. military leaders, cabinet secretaries and business leaders recommend ways the United States can pare America's vulnerability to oil price hikes, by giving...

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Oil glut stirs debate over US crude exports

The climb in domestic crude production has created a dilemma for both lawmakers and the White House, who are facing new pressure from oil companies to relax the nation's 38-year-old ban on exports of...

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An oil crash so deep even Exxon is hurting

About 35 years ago, Ed Hirs, now a University of Houston energy fellow, worked in mergers and acquisitions for the old Houston conglomerate Anderson, Clayton and Co. At one point during his brief time...

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BP finds hidden trove of oil in Gulf of Mexico via new subsea imaging

British oil major BP has discovered 200 million barrels of oil in a hidden cache in the Gulf of Mexico, thanks to a technological breakthrough allowing the company to see beneath geological formations...

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