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Articles About Oil
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 27, 2015
Average Gas Prices See a Spike
On average, Americans spend about four cents out of every dollar they earn on gasoline. Here's your Cheat Sheet to gas prices.
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 13, 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.
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.
March 13, 2015
Texas: From Shale Boom to Water Revolution
NASA predicts a mega drought for Texas — the worst in 1000 years -- that could last for decades. How are we preparing for this?
March 12, 2015
Why the Fed Can’t Stop Deflation in the U.S.
The U.S. has joined Europe in deflation mode, and it's not clear the Fed can do anything about it.
March 11, 2015
Why OPEC is Confident It Can Take a Bite Out of U.S. Oil
After several weeks in which the rig count collapse appeared to be slowing, last week’s figures are a reminder that the rout is not over yet.
March 05, 2015
Seriously, It’s Time to Raise the Gas Tax
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.
March 05, 2015
This Is Why Warren Buffett Dumped His Exxon Holding
The “Oracle of Omaha,” didn’t say what “other uses” he might have for the $3.7 billion that he’d invested in Exxon Mobil. But he did say why he sold the stock.
March 04, 2015
What Will Happen Next to the Keystone Pipeline?
Congressional Republicans have finally pushed the Keystone pipeline legislation close to fruition.
February 28, 2015
Is OPEC’s Strategy Actually Working?
Saudi Oil Minister Ali al-Naimi, the architect of OPEC’s strategy to regain market share by causing the price of crude oil to plunge, says his plan is working, and data from petroleum research firms seems to back him up.
February 24, 2015
Guess Which Client the World’s Biggest PR Firm Just ‘Dumped’?
The world's premier PR firm Edelman just called it quits with its biggest client, the name of which may come as a huge surprise.
February 21, 2015
Rosneft Spokesman Slams Canadian Oil Industry in Response to Sanctions
So what do you do when a wealthy nation imposes sanctions on your chief – perhaps only – industry? In the case of Russia, the answer is to fling insults.
February 18, 2015
How Obama Could Turn the Keystone Debate to His Advantage
Listening to the arguments for and against the Keystone Pipeline, you’re likely to come away thinking it is America’s greatest blessing or the greatest curse.
February 12, 2015
Rosneft CEO Blames OPEC for Oil Market ‘Destabilization’
Russia is seeking observer status in OPEC, but the CEO of Rosneft, its largest oil company, said there is no chance that Moscow would want to become a member.
February 12, 2015
Can U.S. Shale Rival OPEC as a Swing Producer?
By having developed several million barrels per day in “spare capacity” that dozens of shale drillers collectively form, shale is acting as a swing producer.
February 05, 2015
Yet More BP Oil Found at Bottom of Gulf
Scientists already have reported finding what they called a 1,235-square-mile “bathtub ring” of oil on the floor of the Gulf of Mexico.
February 03, 2015
How 30,000 Striking Steelworkers Could Affect U.S. Oil Production
Workers are on strike at nine oil refineries and chemical plants around the United States in the largest such job action in 35 years.
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