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Oil and gas

Record hurricane season could hurt oil and gas production

by Elizabeth Trovall
May 28, 2024
U.S. refineries, which are concentrated on the Gulf Coast, could be especially impacted by destructive storms, prodding prices up.
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How much has Putin’s war damaged Russia's economy?

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

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

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

by Andy Uhler and Rose Conlon
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
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How Texas weather disruptions will ripple through oil supply chain

by Justin Ho
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

by Andy Uhler
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
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Midland, Texas, had fastest growth in pay last year

by Meghan McCarty Carino
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
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What's behind the price of gasoline?

by Bennett Purser and Kai Ryssdal
Oct 18, 2019
From taxes, to marketing, to refining, a lot goes into the price of a gallon of gasoline.
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From fracking to "Fortnite": Company pivots from oil to esports

by Andy Uhler
Sep 19, 2019
For one investment firm, competitive video gaming suddenly looked better than the volatile energy industry.
Gamers play "Fortnite" against Twitch streamer and professional gamer Tyler "Ninja" Blevins during Ninja Vegas '18 at Esports Arena Las Vegas in April 2018.
Ethan Miller/Getty Images
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