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Stories Tagged as

American oil

High oil prices may hurt poorest Americans most

by Elizabeth Trovall
Sep 27, 2023
Tight global supply raises costs for industry and motorists, but for now, the pain is milder than it was during price spikes decades earlier.
Gasoline prices in Burbank, California, last week.
Mario Tama/Getty Images
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Fracking made the U.S. a major oil producer, but not energy independent

by Sabri Ben-Achour
Sep 12, 2018
Author of "Saudi America," Bethany McLean tells us about why the key ingredient in fracking is capital, not chemicals.
A Cabot Oil & Gas natural gas drill stands at a hydraulic fracturing site in South Montrose, Pennsylvania. The process is controversial with critics who say it could poison water supplies, while the natural-gas industry says it's been used safely for decades.
Spencer Platt/Getty Images
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Why China loves American natural gas more than it hates our tariffs

by Justin Ho
Jul 11, 2018
Ever since the shale revolution turned the U.S. into one of the world’s biggest energy exporters, other countries have been clamoring to buy American oil. One product in particular is seeing huge demand abroad – liquefied natural gas. Refineries turn natural gas into liquid to make it easier to ship overseas. In fact, as trade […]
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