Barack Obama, Energy | featured news

In a reversal of a long-standing ban on most offshore drilling, President Obama is allowing oil drilling 50 miles off Virginia's shore.

The Obama administration's planned loan guarantee to build the first nuclear power plant in the United States in almost three decades is part of a broad shift in energy strategy to lessen dependence on foreign oil and reduce the use of other fossil fuels blamed for global warming.

Governor blasts administration's cap-and-trade plan, saying it 'would inflict permanent damage' to economy

President Barack Obama's allies rallied around his ambitious budget blueprint as he visited the Capitol on Wednesday, and only hours later a House panel endorsed it, pointing the way for major legislation this year on health care, energy and education.

President Barack Obama is all about change, but on Monday, he went where lots of presidents have gone before: promising that the United States will become energy independent. "It will be the policy of my administration to reverse our dependence on foreign oil," he said. This time, the effort is for real, Obama said.

President to announce change to Bush policy, tightening auto emissions rules and letting states set emission standards.