Oil prices are still far below the break-even point for many producers in the Middle East.
With challenges from environmental groups and state governments, the idea of natural gas as a bridge fuel may be fading.
With carbon emissions and air pollution plummeting during the lockdown, experts question whether we'll return to our old driving and flying habits.
Low crude oil prices have already achieved what regulators were seeking: to cut state production.
Midland, Texas, is ground zero for oil and gas production in the U.S., and much of the local economy, in some way or another, is tied to the industry. When West Texas Intermediate went negative for the first time ever…
At this point, oil is like that broken-down car you pay to have towed off to the junkyard.
Demand for oil is falling so quickly that even a reduction in supply will take some time to affect markets.
A historic plunge in demand during the global pandemic has pushed U.S. average gasoline prices to $1.91 a gallon.
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.
Low oil prices affect all producer nations. Each has different vulnerabilities.