Oil

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Some see energy in abandoned wells

Sep 18, 2012
An oil well may seem pretty useless when the light sweet crude stops flowing. In Texas, researchers and entrepreneurs see a chance to recycle old wells and create geothermal power.
Posted In: energy, Oil, geothermal energy, texas

PODCAST: Isaac hits New Orleans, farmers see near record profits

Aug 29, 2012
Despite, or perhaps because of, the historic drought in the Midwest, farmers are making big profits. Isaac shuts down Louisiana's ports. And all those smartphones come with a cost: more than ever, we're tethered to our jobs.
Posted In: Oil, Hurricane Isaac, The Federal Reserve

Isaac sparks talk of tapping oil reserves

Aug 29, 2012
Hurricane Isaac is battering the Gulf, which means a huge chunk of American oil drilling and refining is off line. There’s talk of America tapping into the Strategic Petroleum Reserve.
Posted In: Hurricane Isaac, Oil, strategic oil reserves

The oil industry prepares for tropical storm Isaac

Aug 28, 2012
Tropical storm Isaac is expected to become a hurricane, though it won't be nearly as powerful as Katrina. The storm has already shut down off-shore oil rigs in the gulf.
Posted In: hurricane, Oil

How Americans rank industries' reputations

Aug 23, 2012
Which industries do well in public opinion polls? Computers get mostly positive marks, as do retail and anything having to do with food. The federal government and oil and gas, not so much.
Posted In: Gallup, computers, Oil, federal government

Romney's energy plan: Less regulation, more exploration

Aug 23, 2012
But it probably won't have much impact on consumer's pocketbooks, especially when it comes to the price of gas or electricity.
Posted In: Mitt Romney, energy, Oil

In Nigeria, former bandits getting government pay

Aug 22, 2012
From Nigeria, the Wall Street Journal has a provocative piece this morning on how the country's protecting its oil industry. The government's paying warlords, thieves and terrorists to guard the same oil pipelines they once plundered.
Posted In: Nigeria, Oil

An oil refinery secures an essential material: Water

Aug 21, 2012
Oil refineries are among the many industries that use large volumes of water. A refinery in water-parched southern California turned to waste water for its needs.
Posted In: refineries, Oil, water

Oil prices jump despite expected lower demand

Aug 13, 2012
Oil prices have jumped to a three month high in overseas trading. Brent Crude is at $114 a barrel this morning, despite forecasts that say global oil demand will be lower than first expected.
Posted In: Oil, consumer

Chevron refinery fire hits oil market

Aug 7, 2012
A major refinery for Chevron caught fire in California last night. The fire in Richmond, outside of San Francisco, has been extinguished, but the fire could be bad news for drivers across the West, because one less refinery online is likely to mean higher gas prices.
Posted In: Oil, Chevron, fire

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