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Fracking flourishes as era of net-zero carbon looms

Aug 15, 2022
The energy industry is emphasizing the controversial technique over traditional drilling, partly for its shorter timetable.
A fracking pump jack in California. Fracking for oil is generally a lower-risk and shorter-term proposition than vertical drilling.
David McNew/Getty Images

Texas oil and gas industry should temper its job-creation claims, report says

Jul 19, 2022
There’s been a hiring uptick, but "we're only about halfway" to pre-COVID employment numbers, the author of the IEEFA report says.
In the early part of the pandemic, the Texas oil and gas industry shed 20% of its workforce.
Joe Raedle/Getty Images

How much has Putin’s war damaged Russia's economy?

May 2, 2022
As sanctions take their toll and Russia's leader writes off Western markets, analysts count the costs for the nation's people and businesses.
As Russia's war on Ukraine continues, ordinary Russians face economic burdens.
Natalia Kolesnikova/AFP via Getty Images

Oil prices soared, then dropped. But gasoline is still expensive. Why?

Mar 15, 2022
A barrel of crude topped $130 last week and now sells for less than $100. Gas prices follow oil quickly on the way up, slowly on the way down.
Though the cost of a barrel of oil has dipped back below $100, consumers aren't feeling much relief at the gas pump yet.
Jim Watson/AFP via Getty Images

There's an oil market crisis even without sanctions on Russian exports

Mar 2, 2022
Brent crude rose above $113 a barrel Wednesday — the highest level in eight years.
Though oil prices have reached the highest levels in eight years, OPEC+ is choosing not to ramp up production.
Frederic J. Brown/AFP via Getty Images

Do methane leak detection and repair programs reduce emissions? New research suggests yes.

Dec 27, 2021
Methane leaks are notoriously hard to measure, but a new study indicates that specific regulations can go far in reducing emissions.
Methane leaks are notoriously hard to measure, but a new study indicates that regulations can go far in reducing emissions.
Mario Tama/Getty Images

How Texas weather disruptions will ripple through oil supply chain

Feb 17, 2021
Even after the weather starts improving, this crisis' effects are likely to linger and be felt far beyond the Lone Star State.
The Gulf Coast handles roughly half of the U.S.'s oil refining capacity.
Andrew Caballero/Reynolds

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Biden signs executive order pausing federal drilling leases

Jan 27, 2021
What will Biden's order mean for the energy industry and the effort to halt climate change?
Biden reiterated that fracking won't be banned but said the government needs to spur job creation in cleaner energy.
David McNew/Getty Images

Midland, Texas, had fastest growth in pay last year

Nov 20, 2019
It outperformed San Francisco, New York City and Los Angeles.
An oil boom in the Permian Basin has attracted a lot of workers. Above, an oil drill is viewed near a construction site for homes and office buildings in 2015 in Midland, Texas.
Spencer Platt/Getty Images

What's behind the price of gasoline?

Oct 18, 2019
From taxes, to marketing, to refining, a lot into the price of a gallon of gasoline.
A motorist fills his car with gas at a gas station near an oil field pumping rig in Oklahoma City, Oklahoma.
J Pat Carter/Getty Images