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Articles About Oil
June 23, 2015
U.S. Gas Prices Drop Yet Again
On average, Americans spend about four cents out of every dollar they earn on gasoline. Here's your Cheat Sheet to gas prices.
June 15, 2015
The U.S. Is Now the World’s Top Oil Producer
The U.S. became the world's top oil-producing country in 2014. It may technically be true, but here are three reasons that's a little misleading.
June 12, 2015
Russia Set to Import Electricity From Finland
Electricity has become so inexpensive in Europe’s Nordic countries that Russia, originally only an energy exporter to the region, will now begin importing power from neighboring Finland as well.
June 10, 2015
Why This California Oil Spill Could Have Been Prevented
Experts say flawed technology and perhaps even human error may have led to the rupture of the pipeline that burst in California last month, spilling up to 2,400 barrels of crude oil onto the Santa Barbara coastline.
June 09, 2015
Seeing Some Success, OPEC Maintains Market Share Strategy
OPEC decided to maintain its oil production limits at 30 million barrels a day rather than change a strategy that the cartel believes has been working to regain market share from shale drillers in the United States.
June 02, 2015
How Long Can OPEC Maintain Its Current Strategy?
OPEC is convening this week in Vienna, as it does every six months, to discuss and decide on how the group will coordinate.
June 01, 2015
6 Essential Gas Facts You Need to Know
Most people depend on gasoline to get from one place to another every single day. Here are six facts about gasoline that you may not have known before.
May 28, 2015
Why We Should Raise Taxes on Gasoline
The Highway Trust Fund is set to be depleted by the end of August. Here's why that can't be allowed to happen, and some potential consequences if it does.
May 28, 2015
Iran Claims U.S Hackers Tried to Attack Its Oil Ministry
Iran says its Islamic Republic Cyber Police, known as FATA, has successfully prevented attempted cyber-attacks from the United States on its Oil Ministry.
May 26, 2015
A World Without Oil? Renewable Energy is the Future in Saudi Arabia
If Saudi Arabia, king of oil producers, sees an eventual end to fossil fuels, the world should pay attention.
May 19, 2015
Why Oil Markets Are Ignoring an ISIS Victory in Iraq
A major city in Iraq fell to ISIS militants, marking another milestone in the ongoing war between the U.S. and Iraqi governments and the extremist group.
May 13, 2015
How Does Obama’s Approval of Alaskan Oil Exploration Change Things?
The Bureau of Ocean Energy Management (BOEM) approved Shell Gulf of Mexico Inc.'s 'multi-year Exploration Plan for the Chukchi Sea' as of May 11.
May 13, 2015
OPEC is Forcing the U.S. to Cut Back Oil Production
Saudi Arabia continues to ratchet up production, taking market share away from U.S. shale producers.
May 12, 2015
More Bad News for North Dakota’s Oil Industry
This hasn’t been a good week for the oil industry in North Dakota.
May 10, 2015
7 Tantalizing Ways to Cook and Bake With Truffle Oil
Take your taste buds to truffle oil heaven via one of these 7 recipes that enlist the finishing oil.
May 04, 2015
The Russian Economy May Be Stumbling Back to Its Feet
The Bank of Russia has cut interest rates for the third time so far this year.
May 02, 2015
Saudi Oil Minister Remains in Place After Shakeup
The leadership shakeup by Saudi King Salman bin Abdulaziz al-Saud completely changed the kingdom's line of succession.
April 29, 2015
Russia to Power Arctic Drilling With Floating Nuclear Reactors
Russia is looking to deploy a floating nuclear reactor that could help power ports, industries, and also offshore oil and gas drilling in the Arctic.
April 25, 2015
Former BP Chief Sees Oil Price Rebound Soon
BP’s former CEO, Tony Hayward, agrees with OPEC that its strategy of maintaining the oil glut will crush the U.S. shale boom.
April 22, 2015
Who Is Saudi Arabia Really Targeting in Its Price War?
Saudi Arabia is not trying to crush U.S. shale plays. Its oil price war is with the investment banks and the stupid money they directed to fund the plays.
April 20, 2015
OPEC Says U.S. Oil Boom Will End This Year
OPEC says the demand for its oil will rise during 2015 because the cartel is winning its price war against U.S. shale producers.
April 18, 2015
How Saudi Arabia Is Raising Oil Prices
In order to maintain a grip on market share by pushing U.S. shale producers out of the market, Saudi Arabia (and OPEC) is willing to use up its spare capacity. That could lead to a price spike.
April 14, 2015
Potential 100 Billion Barrels of Oil Discovered Near London
A small British oil company has found a bonanza of potentially billions of barrels of oil beneath a field near London’s Gatwick Airport.
April 08, 2015
How Much Longer Can OPEC Hold Out?
A number of mitigating factors make this year’s June meeting of OPEC more interesting than ever.
April 08, 2015
Big Oil’s Been Covering Up One of Fracking’s Destructive Secrets
Scientists have been under intense pressure from big business to keep the side effects of fracking from hitting the news cycle. Here's what's going on.
March 25, 2015
No One Likes Obama’s New Fracking Rules
The Obama administration’s new rules on hydraulic fracturing, or fracking, are being denounced by the energy industry as impeding a U.S. oil renaissance and by environmental groups who call them too weak to be effective.
March 23, 2015
Can Big Oil Keep Paying High Dividends?
Low oil prices have compelled the Italian oil company Eni to slash its dividend, the first major oil company to do so.
March 20, 2015
The 10 Worst Energy-Related Disasters of Modern Times
These 10 massive disasters were either a result of something gone wrong during production, or resulted in millions of people losing access to energy.
March 19, 2015
The Middle East Oil Addiction Could Spell Disaster
The plunge in oil prices has been felt dearly by the top hydrocarbon-producing countries, with all experiencing deep losses in revenue.
March 15, 2015
Congress Facing Huge Pressure to Lift Oil Export Ban
A lobbying blitz is underway to scrap the decades-old ban on crude oil exports from the United States.
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