BP's profits more than doubled in 2017 to $6.2 billion powered by higher prices and output of oil and gas, allowing the company to resume share buybacks as it recovers from a three-year downturn. Sonia Legg reports Video provided by Reuters Newslook. From Texas to the Dakotas, oil output has surged, ranking America once again among the world’s top energy producers. But, the boom hasn’t stopped rising gasoline prices.

EIA’s Annual Energy Outlook provides modeled projections of domestic energy markets through 2050, and it includes cases with different assumptions regarding macroeconomic growth, world oil prices, technological progress, and energy policies. Strong domestic production coupled with relatively flat energy demand allows the United States to become a net energy exporter over the projection period in most cases. In the Reference case, natural gas consumption grows the most on an absolute basis, and nonhydroelectric renewables grow the most on a percentage basis.

The largest oil refinery along the U.S. East Coast filed for bankruptcy protection on Sunday, blaming its downfall on "broken" environmental rules.

Cardholders themselves are the first line of defense. They can help the cause by following seven simple guidelines when using corporate fleet cards.

In the celebrated, but widely panned, TV series "Baywatch," there was little room for plot but plenty of glossy slow-motion action that tracked fetching lifeguards patrolling a crowded recreational beach. A subsequent movie bombed, but now the oil industry's version of Baywatch is about to launch. In this case, the eyes won't be focused on slow motion red swimsuits, but instead on the pace of blue collar workers at perhaps the most strategically located refinery in all North America.