Oil

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U.S. oil imports are down, narrowing the trade deficit

Feb 8, 2013
The transportation system for fuel in the U.S. is inadequate, though, so some oil always has to be imported to where it's needed.
Posted In: Oil, refinery, import

U.S. trade deficit plunges

Feb 8, 2013
The nation’s trade deficit plunged in December, likely giving the U.S. economy an unexpected boost to round out the year.
Posted In: import export, Economy, Oil

Terrorism in Algeria's impact on natural gas development in North Africa

Jan 21, 2013
After a terrorist group claims responsibility for a bloody hostage crisis in Algeria, a look at how terrorism and civil unrest in North Africa impact's the U.S.'s energy supply.
Posted In: Algeria, BP, al qaeda, terrorism, Oil, natural gas

U.S. trade deficit surges

Jan 11, 2013
New data for the month of November show the U.S. trade deficit has hit its widest point in seven months -- but could that be a good thing?
Posted In: import export, Oil, Economy

U.S. reliance on foreign oil is declining

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.
Posted In: Oil, energy, import export

2012 was a gusher year for OPEC

Dec 31, 2012
OPEC earned a record $1 trillion in revenues in 2012, and the average price of oil was the highest ever.
Posted In: Oil, OPEC

High school grads head straight for jobs in Montana

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.
Posted In: montana, Oil, Jobs

Seeing opportunity in North Dakota's oil boom

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.
Posted In: Black Gold Boom, North Dakota, Oil

U.S. energy production already affecting OPEC

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.
Posted In: Oil, middle east

Railroads profit from oil boom in North Dakota

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.
Posted In: fracking, North Dakota, train, Oil

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