oil industry

Opponents of hydraulic fracturing or 'fracking' hold placards during a rally in Lafayette Square, across from the White House.

Texas oil town votes to ban fracking

Nov 5, 2014
Denton, a college town in the middle of the oil patch, overwhelmingly votes against more fracking.
Posted In: denton, fracking, oil industry
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
An employee of the Russian oil company Yukos approaches an oil tank in the Tyumensk region of Russia. The company was bankrupted almost a decade ago after the oligarch owner clashed politically with President Putin.

Troubled times for Russia's oligarchs

Oct 22, 2014
Oligarchs were once at risk if they stepped out of line. Now, there's danger even if they don't.
Posted In: Russia, oil industry, oligarch

Isaac's business impact is already felt

Aug 28, 2012
There's a hurricane warning in effect on the Gulf Coast, and tropical storm Isaac has already shut down oil and gas operations in the area.
Posted In: hurricane, oil industry

Oil: Snapshot of rising oil prices, reserves

Feb 22, 2011
Get ready for some pain at the pump....
Posted In: gas prices, Oil, oil industry, oil price, OPEC

MID-DAY UPDATE: Unrest in Libya causes oil prices to spike; home prices fell in December

Feb 22, 2011
Oil giant Shell has moved all of its foreign workers out of Libya, following a similar move by BP late last week. With protests in Libya escalating...
Posted In: BP, case shiller, home prices, housing market, Libya, mid-day update, Oil, oil industry, oil price, Pittsburgh, protests, Saudi Arabia, Shell, Standard & Poor's, turmoil, unrest

MIDDAY UPDATE: Oil prices, energy efficient light bulbs

Jan 5, 2011
Increasing oil prices could end the global economic recovery, according to Fatin Birol, chief economist at the International Energy Agency. Birol...
Posted In: GOP, light bulbs, mid-day update, Oil, oil drilling, oil industry, oil price, Republicans

MID-DAY UPDATE: Trade deficit widens in June...

Aug 11, 2010
... We're in debt and out of work -- why are we still gobbling imports? Economists underwhelmed by Fed's new plan What caused the flash crash? ...
Posted In: alternative energy, China, Federal Reserve, flash crash, flood, India, mid-day update, oil industry, solar power, spice traders, Toyota, trade deficit, unintended acceleration