oil prices

UK's American-style fracking boom not happening

The United Kingdom once hoped that fracking would unlock its shale energy reserves, enhancing the country's energy security and creating jobs and new tax revenues in the process. That now looks unlikely to ever happen.

California gas prices soar above $4

Gasoline prices have spiked in California, soaring well above what most Americans are paying at the pump. In some locations, Californians are paying $5 for a gallon of gas.