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In death, Hugo Chavez leaves economic legacy

Mar 5, 2013
Taking power in 1999, Hugo Chavez almost single-handedly transformed Venezuelan society, wielding the country's oil wealth as a weapon. Can a strongman economy continue after his death?
Posted In: venezuela, Oil, hugo chavez

Trains will move tar sands oil, if the Keystone XL doesn't

Mar 4, 2013
A study commissioned by the State Department concludes that building the Keystone XL pipeline won't contribute to global warming, because Canadian tar sands oil will get to market with or without the pipeline.
Posted In: Keystone pipeline, Oil, Canada, Obama

Keystone pipeline gets good news: State Department report

Mar 4, 2013
The Obama administration is not expected to decide whether to approve the controversial Keystone pipeline until this summer, but a new report gives clues about the White House's pipeline strategy.
Posted In: Keystone pipeline, Oil, Canada, Obama

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

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