Stories Tagged as
American oil
OPEC+ members say they'll cut oil production. Global markets don't seem to believe them.
Nov 30, 2023
Production cuts may no longer be as effective at propping up prices because electric vehicles are cutting into global demand.
Exxon is shelling out $60B to double its Permian production. Why there?
Oct 12, 2023
The Permian Basin, which runs through West Texas and New Mexico, produces more oil than most countries.
Why are oil prices suddenly dropping?
Oct 6, 2023
Since the end of September, Brent Crude has been sliding — down to the $84-a-barrel range, more than a 10% decline in just over a week. This is also playing out at the pump, with gas down about eight cents a gallon in the last week.
High oil prices may hurt poorest Americans most
Sep 27, 2023
Tight global supply raises costs for industry and motorists, but for now, the pain is milder than it was during price spikes decades earlier.
Fracking made the U.S. a major oil producer, but not energy independent
Sep 12, 2018
Author of "Saudi America," Bethany McLean tells us about why the key ingredient in fracking is capital, not chemicals.
Why China loves American natural gas more than it hates our tariffs
by
Justin Ho
Jul 11, 2018
Ever since the shale revolution turned the U.S. into one of the world’s biggest energy exporters, other countries have been clamoring to buy American oil. One product in particular is seeing huge demand abroad – liquefied natural gas. Refineries turn natural gas into liquid to make it easier to ship overseas. In fact, as trade […]