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An oilman bets prices will rise, and loses big

Dec 19, 2014
Oil producers are supposed to produce, not speculate.
Posted In: big oil, oil prices, cheap oil

An oversupply of oil isn't all good

Dec 9, 2014
Too much oil means prices fall, but also oil companies cutting back.
Posted In: BP, big oil, oil prices
While lower gas prices at the pump make consumers happy, states that rely heavily on oil taxes may struggle.

Falling oil prices hurt state budgets

Nov 17, 2014
For states trying to balance budgets that rely on oil taxes, it's crunch time.
Posted In: big oil, Louisiana, severance tax
Men with Cabot Oil and Gas work on a natural gas valve at a hydraulic fracturing site in South Montrose, Pa.

Low oil prices could hurt drillers carrying high debt

Nov 4, 2014
Energy companies that need to borrow to keep drilling could be hurt by low prices
Posted In: big oil, fracking, investors, oil industry

The numbers for November 3, 2014

Nov 3, 2014
Midterms are coming, oil is down and Taylor Swift is up. Let's do the numbers.
Posted In: midterm elections, campaign finance, big oil, spotify, Taylor Swift, Facebook
A customer pumps gas at a Chevron station over the summer in Mill Valley, California. The GAO recently endorsed the export of U.S. petroleum, saying it will help drive down gas prices.

Yes, U.S. oil exports would cut gas prices. Probably.

Oct 22, 2014
It's hard to know where prices will be a year from now
Posted In: gas prices, big oil, exports, U.S. exports
James Hallstrom pumps gas at Holly's Super Gas on Main Street in Westbrook, Maine. The price of oil is dropping, which in turn is affecting the price of heating oil and gas.

When the economy gets a 20 percent discount

Oct 20, 2014
The dip in oil prices is looking like a sustained drop. What are the consequences?
Posted In: big oil, oil prices, price drop, oil economy

One shortage in booming oil fields: regulators

Oct 15, 2014
State agencies find that industry offers higher salaries to new college graduates.
Posted In: regulators, big oil, gas

More fracking produces more open waste pits

Oct 14, 2014
Residents of a Texas town are apprehensive about sludge pits planned in their community.
Posted In: fracking, waste, texas, big oil
A pumpjack works oil from the ground near the loaction of the second stop of the Red Bull Cliff Diving World Series, on June 4, 2014 in Possum Kingdom Lake, Texas.

What could slow U.S.'s surging oil output? Low prices.

Oct 10, 2014
Fracking for oil is expensive, so at some point falling prices will make some wells unprofitable.
Posted In: big oil, Saudi Arabia, texas

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