Toyota Motor Corp. slashed its earnings forecast again Monday, projecting that it would report its first operating loss ever for the fiscal year through March on waning global demand and a surging yen. ...more

December 22, 2008

Shares of Walter Industries, which peaked at more than $111 in July, have plunged to around $19 because of a sharp decline in demand for steel-making coal. ...more

November 20, 2008

TAMPA Shares of Walter Industries, which peaked at more than $111 in July, have plunged to around $19 because of a sharp decline in demand for steel-making coal. The stock was recently downgraded by Friedman Billings Ramsey to "market perform" from "outperform." ...more

November 19, 2008

Global demand for coal has shown some signs of slack, leaving investors to wonder what's next for U.S. producers who have seen prices at times triple during the past year. ...more

September 5, 2008

Sometimes political parties play to type so perfectly that it's almost charming. Consider the completely predictable responses of Democrats and Republicans to the record prices of oil. ...more

August 3, 2008

Faced with record-high gas prices and the November elections, not a day goes by without a politician's pitch to provide consumers with some relief - be it to permit offshore drilling, crack down on speculators, curb inventories in the Strategic Petroleum Reserve or grant a gas tax holiday. Yet each of these policies would have a negligible impact on gas prices. ...more

July 27, 2008

Bush is about to waste a second crisis, this one on energy addiction. I am reliably told by a Bush administration official that there is an old saying in Texas that goes like this: "If all you ever do is all you've ever done, then all you'll ever get is all you ever got." ...more

July 23, 2008

Growing global demand and supply constraints will push oil prices to $200 a barrel and gas prices to $7 a gallon within four years, forcing 10 million U.S. cars off the road, according to Jeff Rubin, chief economist at CIBC World Markets. ...more

June 27, 2008

World energy demand will grow 50 percent over the next two decades, oil prices could rise to $186 a barrel and coal will remain the biggest source of electricity despite its effect on global warming, government experts predict. ...more

June 26, 2008

Everywhere I go these days, talking about the global energy predicament on the college lecture circuit or at environmental conferences, I hear an increasingly shrill cry for "solutions." This is just another symptom of the delusional thinking that now grips the nation, especially among the educated and well-intentioned. ...more

May 28, 2008