West Texas oil patch girds for bust as crude price craters toward $20 a barrel

Mar 18, 2020
The Permian Basin region, anchored by the towns of Midland and Odessa, has survived past shakeouts, but some think this could resemble the crash of the 1980s.
A crude oil pipeline in Texas.
Joe Raedle/Newsmakers

Consumers see cheaper gas at the pump as COVID-19 reduces demand for oil

Mar 5, 2020
Companies are using less oil to make and ship things. As consumers curtail travel, they use less oil, too.
Gas prices in the U.S. are down about 15 cents per gallon since January.
Scott Barbour/Getty Images

How rising oil price ripples through economy

Apr 25, 2019
Many products and services tend to cost more.
David McNew/Getty Images

Rising crude prices are kick-starting the Kansas oil industry back to life

Oct 8, 2018
Low oil prices hit the state's mostly small producers hard. As a barrel of oil goes up, the industry is hopeful profits will start flowing again.
Tom Casey, a supervisor at Express Oil Service, checks in with his workers.
Brian Grimmett/Kansas News Service