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What if the U.S. stopped protecting the Strait of Hormuz?

by Andy Uhler Jun 24, 2019
It wouldn't change much at the pump — at least here at home.
An oil tanker is protected by the U.S. guided missile frigate USS Gallery in the Strait of Hormuz in 1988. In a tweet Monday, President Donald Trump questioned the United States' decadeslong protection of the strait.
NORBERT SCHILLER/AFP/Getty Images

What the Chevron-Anadarko deal means for Permian shale

by Jack Stewart Apr 12, 2019
Will there be other deals like it?
Justin Sullivan/Getty Images

Saudi oil company profits impress

by Scott Tong Apr 1, 2019
What’s the most profitable company on earth? We’ll give you three guesses. Nope, not Apple. Google? Try again. Exxon Mobil – wrong. It’s the national oil company of Saudi Arabia. Known as Saudi Aramco, it’s the runaway leader, according to…

Energy giants to ramp up Permian Basin fracking

by , and Mar 5, 2019
The Permian Basin is now far from the preserve of the independent producer.
Pump jacks are seen using hydraulic fracturing, or fracking.
David McNew/Getty Images

A turnaround for oil companies?

by Scott Tong Feb 1, 2019
Some investors are optimistic that Big Oil has been able to ride out the plummeting prices of late last year.

Growth in oil and gas demand may not be dominated by cars

by Scott Tong Oct 5, 2018
When we report on the world’s thirst for energy, we often miss something: chemicals made from oil and gas. A new report Friday finds petrochemical demand in the world is surging for things like synthetic rubber, packaging, fertilizer and detergents.…
A petrochemical facility is shown after Hurricane Ike made landfall September 13, 2008 in Deer Park, Texas. 
David J. Phillip-Pool/Getty Images

U.S. oil companies take cautious approach despite higher prices and demand

by Renata Sago Apr 27, 2018
With the U.S.-based oil giants Chevron Corp. and Exxon Mobil Corp. scheduled to release their first quarter 2018 earnings Friday morning, we look at the state of the oil industry. Companies are reaping the benefits from higher oil prices and demand. But…

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Oil boom cheers Texas town, but some worry about education

by Andy Uhler Apr 25, 2018
Midland, Texas, is doing well with high oil prices but having trouble retaining teachers for its public schools.
A state-of-the-art Midland Public Library was built using sales tax money.
Filipa Rodrigues/Marketplace

Midland, Texas, is booming as oil prices rise

by Andy Uhler Apr 24, 2018
Times are good in the Permian Basin, but schools and roads still need improvement.
Workers on an oil rig in Midland, Texas, part of the Permian Basin, where output has tripled in the past three years.
Filipa Rodrigues/Marketplace

High prices for crude give oil producers something to think about

by Erika Beras Feb 2, 2018
Domestic production is at record levels and reducing the need for foreign imports