International Energy

WASHINGTON -- The American Century is dead. Long live the next American Century. The subtext of political debate these days is that the United States is in decline -- a proposition often portrayed as self-evident. The economy lacks dynamism;...

WASHINGTON -- There was a make-believe quality to President Obama's second inaugural address, as if all that's required to solve serious problems are the intelligence to produce proper policies and the political grit to get them approved. Perish the...

The price of oil fell below $93 a barrel Thursday amid concerns about global economic growth and as traders awaited the latest U.S. crude inventories data. By early afternoon in Europe, benchmark oil for July delivery was down 46 cents to $92.67 a...

* IEA sees no medium-term oil growth in African OPEC members * Unrest, lack of investment weigh on supplies * Supply snags give Saudis inadvertent help managing market By Peg Mackey and Alex Lawler LONDON, May 28 (Reuters) - Violence, unrest and...

There were no tornado warnings last Friday night, when I muted the Nationals game around 11 p.m. I listened intently through my living-room window. A train, I thought. Definitely a train. I should have known better. The warnings have been building for...

Energy-efficient homebuilding is about to take a big step forward in Illinois, but consumers will pay now to save on future utility bills. A new statewide building energy code that takes effect Jan. 1 strives to make homes more comfortable and...

A report last week that the U.S. will become the globe’s No. 1 oil producer by 2020 was startling and reassuring. It’s a startling statistic because a few years ago the U.S. was struggling to maintain supplies of crude oil that came mostly...

WASHINGTON -- Preoccupied by the election, Americans may be under the delusion that most major social and economic changes proceed from the ballot box. Not so. The latest reminder of this comes from a surprising source: the annual World Energy Outlook...

This post has been corrected. See below for details. The U.S. will become the world’s top producer of oil within five years, a net exporter of the fuel around 2030 and nearly self-sufficient in energy by 2035, according to a new report from the...

The International Energy Agency expects the United States to become the world's largest oil producer by around 2020, temporarily overtaking Saudi Arabia, thanks to increased output achieved by new exploration technologies. The World Energy Outlook 2012...

NEW YORK (AP) — U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer. Driven by high prices and new drilling methods, U.S. production of crude and other liquid hydrocarbons is on...

Iraq could overtake Russia as the world’s second-largest oil supplier behind Saudi Arabia by the 2030s, nearly tripling its current output, according to a report from the International Energy Agency. In what the Paris-based group calls a “...