Oil

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Mexico mulls ending oil monopoly

Aug 13, 2013
Mexico is sitting on 87 billion barrels of untapped oil, yet production has dropped 25 percent in the last decade.
Posted In: Mexico, Oil
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Why Big Oil is smaller these days

Aug 2, 2013
Four of the world's biggest oil companies -- Shell, ExxonMobil, Chevron and BP -- reported smaller quarterly earnings compared to a year ago.
Posted In: Oil, big oil
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Working an oil rig will make a man of you

Jul 10, 2013
Tait Salzer moved to North Dakota to get in on the state's oil boom. He works an oil rig.
Posted In: Black Gold Boom, North Dakota, Oil
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Gas prices may seem ok now, but don't say we didn't warn you

Jul 9, 2013
The wholesale price of oil fell this morning, but it's still hovering above $100 a barrel.
Posted In: gas, big oil, Oil
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More oil on the tracks: Trains transport a ton of crude

Jul 8, 2013
Trains increasingly carry crude from oil fields in the middle of the U.S. to refineries on the coasts.
Posted In: Transportation, Oil, crude oil, train
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Egypt's Suez Canal isn't oil industry prize

Jul 3, 2013
As Egypt grapples with political unrest, many economic analysts are worried about the price of oil. But Egypt's Suez Canal isn't as important as you'd think.
Posted In: Oil, Suez Canal, Arab Spring, morsi
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Obama on climate change: It's the economy, stupid

Jun 25, 2013
The president spent much of his speech on climate change focused on the economy.
Posted In: natural gas, energy, Oil, Keystone XL
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Syria's mom and pop oil refineries

Jun 17, 2013
A year of unrest and civil war has created a new opportunity for private citizens in Syria to earn money with makeshift oil refineries.
Posted In: syria, Oil, refineries
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Oil tax cuts spur fight in Alaska

Jun 4, 2013
Alaskans are worried that a cut to oil taxes could ruin the state budget. BP credits the tax break for spurring new investments in the North Slope oil field.
Posted In: big oil, Oil, Alaska, BP
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How America helped weaken OPEC

May 30, 2013
The boom in U.S. oil production has disrupted global oil’s pecking order and caused fractures inside the once all-powerful OPEC.
Posted In: big oil, OPEC, crude oil, Oil, Nigeria

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