Crude prices spiked to a yet another trading high, as supply concerns mounted and traders poured in for a last-minute buying binge before June contracts expired. At filling stations across the country, the national average price for a gallon of regular gasoline approached $4, touching $3.80 for the first time.
The June contract for light, sweet [...]

A survey by MasterCard SpendingPulse found gasoline demand at the pump fell 0.6 percent last week compared with the week before.
Compared with the same week a year ago, demand was down 7 percent. Study author Michael McNamara said the seasonal lift in gasoline demand that normally occurs around this time of year seems stalled, possibly [...]

Oil and gas explorer Anadarko Petroleum Corp. enjoyed sizable profits this year, bolstered by higher gasoline prices and blockbuster acquisitions, but its stock lagged because of higher debt.
The Woodlands, Texas-based company, with a market capitalization of $20.07 billion, goes up against larger competitors like BP PLC, ConocoPhillips, and Exxon Mobil Corp. in the exploration, development, [...]

Texans may consume more electricity than other Americans, but they’re suddenly debating the wisdom of doubling the number of coal-fired power plants in the state — plants critics say will worsen air quality and increase health risks.
The threat of more smog-forming emissions from 12,000 new megawatts of coal-fired generation on the books for Texas has [...]