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U.S. reliance on foreign oil is declining

by
Eve Troeh
Jan 9, 2013
The U.S. is importing less oil, and that will continue into next year. The Energy Information Administration expects the lowest oil import levels in 25 years.

2012 was a gusher year for OPEC

by
Stephen Beard
Dec 31, 2012
OPEC earned a record $1 trillion in revenues in 2012, and the average price of oil was the highest ever.

High school grads head straight for jobs in Montana

Interview by
Jeff Horwich
Dec 28, 2012
We've told you about the energy boom unfolding in the Northern plains states. Centered in North Dakota, the industry is quickly spilling over into Montana.

Seeing opportunity in North Dakota's oil boom

by
Todd Melby
Dec 11, 2012
Daniel Brock was happily teaching. Then he heard about jobs in the oil fields of North Dakota. Now he's happily working there.

U.S. energy production already affecting OPEC

by
Scott Tong
Dec 11, 2012
Higher oil and gas production in the U.S. will change oil relationships around the world. The Middle East won't be called on to produce as much, costing it income, but Saudi Arabia will remain a key player.

Railroads profit from oil boom in North Dakota

by
Eve Troeh
Dec 10, 2012
Trains haul fracking supplies into the region and haul oil out of it. The oil boom comes at a good time: the railroads' mainstay, coal, is in a slump.

One fracking minute: an animated explainer on hydraulic fracturing

by
Scott Tong
Dec 10, 2012
There's an oil and gas boom in North America thanks to an innovation known as hydraulic fracturing that extracts natural gas and oil from shale rock deep underground. Here's how it works.

Oil boom family is cramped but together

by
Laura Candler
Dec 5, 2012
A year after her husband moved to North Dakota's oil fields from their home in Missouri, Shannon Atwell picked up her four boys and joined him.

The oil boom: Born to be a roughneck

by
Todd Melby
Dec 5, 2012
Richard Karpe had his first roughneck job at age 11, on a rig run by his stepfather. He talks about the roughneck life and its hazards.

BP banned from doing business with U.S. government

Interview with
Stephen Beard
Nov 28, 2012
The ban means BP will not be able to receive government contracts, loans or grants -- at least for a while.

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