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Pennsylvania allows fracking on public college campuses
Eve Troeh Dec 10, 2012
Pennsylvania's state colleges have been hit hard by budget cuts. Now the state is allowing natural-gas drilling on campuses to raise money for the system.
Report: Iraq could double its oil production
Eve Troeh Oct 10, 2012
Higher production could make Iraq the world's second-largest oil exporter. Most of the added oil won't go to the U.S., but to countries helping Iraq rebuild its oil facilities and basic infrastructure.
Is the U.S. at risk of another OPEC oil embargo?
Scott Tong Oct 3, 2012
The OPEC oil embargo nearly 40 years was a shock to the U.S. and its economy. But the long-term effects proved a shock to Saudi Arabia and other OPEC members, who learned that oil and politics don't mix.
Libyan oil production almost back to normal
David Gura Oct 1, 2012
Civi war combatants mindful of the importance of oil on the economy, left infrastructure largely undamaged.
Energy independence? For the U.S., it's a pipe dream
Scott Tong Oct 2, 2012
The U.S. can become less dependent on foreign oil, but it's still a part of the global oil market --and that means no insulation from oil price shocks.
U.S. petroleum reserve is a versatile weapon
Eve Troeh Oct 1, 2012
The Strategic Petroleum Reserve was established to protect the economy from an embargo. But just the threat of releasing oil into the market can rein in speculation in oil futures, too.
Oil sanctions cause pain in Iran, but also at gas pumps
Scott Tong Sep 24, 2012
As world leaders gather to discuss the oil santions against Iran, that country is selling only half the volume of a year ago. But its reduced production is raising oil prices around the world.
Will New York be next for the fracking-fueled job boom?
Karl Baker Sep 18, 2012
A fracking-fueled job boom has erupted in parts of the U.S. and wages of gas workers have increased. But in New York fracking is banned. That hasn’t stopped an upstate New York school from offering training courses for work in gas fields, because many expect Gov. Andrew Cuomo to lift the ban.
Questions linger over dropping oil prices
Jeff Horwich Sep 18, 2012
Mid-day yesterday oil prices dropped three dollars in about a minute -- and they have kept falling ever since.
Oil prices hit steep plunge yesterday
Stephen Beard Sep 18, 2012
Federal regulators are looking into something strange that happened yesterday in the oil markets: Prices plunged more than $3 a barrel in less than a minute.
