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U.S. oil production reached an all-time record last week, with drillers pumping more than 9.6 million barrels per day. Domestic oil drilling has ...
Now Martin, his family, and friends are back in the medical-marijuana business. And this time, they may have struck gold -- or, rather, struck oil.

U.S. crude oil prices settled 1.9% lower for a third straight daily decline, hurt by a global selloff in commodities today as well as an International ...
The National Wildlife Federation, Blue Green Alliance and Rhode Island Building and Construction Trades hosted a tour of the Block Island ...
The shale oil boom attracted thousands of oil workers to North Dakota, sending the population of some small towns soaring. In response ...
The U.S. export boom continues apace. And not only from crude exports, which clambered above 2 million barrels per day in recent weeks, but ...

The previous record was set in June 2015, just before the oil price crash sent U.S. oil output spiraling down to about 8.4 million barrels a day.
Mike Shelton, the Michigan Department of Environmental Quality's Oil, Gas and minerals Division geologist, said there is no known proven ...
Oil's rise was as dependent on the old as much as the new. ... The East Texas oil boom provides one of the best case studies for understanding ...
Most people are at least somewhat aware that the U.S. shale oil boom has resulted in lower fuel prices at the pump. But they are probably less ...
BP investors sent shares in the oil major to its highest price this year after the supermajor more than doubled its profits in the last three months, ...
Saudi Aramco's CEO says he does not worry about the booming U.S. shale oil output. The "sweet spots" that American frackers are focusing on ...
entrepreneurs in the community are turning to business models that will keep them high in boom times but not stumble in busts. Reaching back ...
For investors, the new mantra is returns, returns, returns. They want oil explorers to focus less on funding new wells and instead boost value for ...
Office manager Kevin Iverson says many millennials moved to the state in the early years of the oil boom and have stayed. The number of ...
For much of the past two decades, China has been the main driver of global oil demand growth. In the coming two to three decades, China is ...
Positive oil market trends and declining crude stockpiles are ... hydraulic fracturing is the technology behind a boom in U.S. oil and gas ...

The rapid adoption of electric vehicles could cause oil prices to fall to $10 per barrel in less than a decade, according to the CEO of Longview ...
Just as Mexico's oil industry was starting to get off the ground with foreign players entering, Mexico is throwing a wrench in the works with its ...
Just as Mexico's oil industry was starting to get off the ground with foreign players entering, Mexico is throwing a wrench in the works with its ...
The pressure on shale drillers to throttle back on their aggressive drilling continues to crop up in new places, and there are growing signs that ...
The expansion of storage tanks, pipelines and loading terminals along the Texas gulf Coast is driving record U.S. crude oil exports, much of it ...
On Wednesday, the country's National petroleum Agency put 287 oil and gas blocks up for auction, and only 37 found buyers. Too few, it might ...
Last month, the American petroleum Institute (API), Canadian Association of Petroleum Producers (CAPP), and the Mexican Association of ...
A West Texas oil boom brings an increase in natural gas flaring .... holds more acreage than any other Permian operator, Laredo petroleum, ...
The U.S. is set to enjoy the biggest increase in oil and gas production the world has ever seen over the next few years, according to a new ...
All the oil headlines this week are rightly focused on prices spiking to the highest levels in more than two and a half years. But Brent moved up ...
A paperweight with a drop of oil and a photo of two sparring bull elk near an oil pad in the Pigeon River Country State Forest was a gift Shell Oil ...
Lower-for-longer oil prices and the advance of renewable energy and electric vehicles have made Big Oil plan for a gradual shift toward natural ...
Mexico replaced its dirtier burning coal and petroleum products, and now ... Because Mexico has a border close to Texas oil and gas fields, ...
WILLISTON, N.D. - Oil patch cities in North Dakota are experiencing a declining population in contrast to rapid growth in the recent past.
Just a few years ago, the Bakken was the Wild West of oil, with boom towns, man camps and casinos fueled by speculative plays on soaring oil prices. Following the crash in prices, drillers of the remote northern plains hoped new transport options like ...
When OPEC points at U.S. oil producers, it always blames the shale drillers for oversupplying the world market. But while shale is in resurgence, the real source of recent growth has been the offshore drillers in the Gulf of Mexico.
Malawi, a small Southern Africa nation, remains one of the most impoverished countries in the world. Malawi has depended on agriculture for economic survival over the years.
That said, modern oil well fracking didn't start taking shape until the 1940s, and it wasn't until the 1990s when it was combined with horizontal drilling to unleash the shale gas boom. The industry eventually transferred those two techniques into ...
"FARGO crime RISES" bellowed the words at top of The Forum. Given the refugee Derangement Syndrome afflicting certain city and county commissioners and many talk-radio listeners, one would expect the story following the headline to read something ...
Responders typically use three cleanup methods in an oil spill: skimmers and oil booms to soak it up, dispersants to break it up, and fire to burn it up.
The pipeline would also further cement the bonds between the two key North American producers and increase the interdependence of the U.S.
Oil & Gas 360 contacted Xcel Energy and asked why wind over natural gas? The response was simply, ... Meanwhile, the steady decline in PPA prices is allowing utilities in new regions of the U.S.
The bill would require ships transferring oil to deploy floating containment rings, known as booms, and inform the United States Coast Guard before they begin pumping the heavy oil that fuels many large vessels. It is unlikely to become law as the ...
All of Weld County took a hit when oil prices collapsed in late 2014. But that didn't deter a net 7,300 people from moving there, which allowed the Greeley metro area to claim the nation's fourth fastest rate of population growth, according to new ...
"We've had oil booms and oil busts and other things like the tech recession and we come back to trend growth," said Pia Orrenius, a senior economist with the Federal Reserve bank of Dallas.
Tuesday evening the American petroleum Institute (API) reported that crude inventories rose by 4.5 million barrels in the week ending March 17.
The Organization of Petroleum Exporting Countries made a smart move to limit production, but the move has had some unforeseen effects, according to Goldman Sachs analysts.
Troubled North Sea oil explorer Enquest has drawn a line under a difficult two year downturn with better than expected profits for 2016 and a production boom expected in the year ahead. Last year the downturn-hit explorer weathered one of the North sea ...
Increased oil activity in Watonga has brought more people to Blaine County, and that's been good for recent sales tax numbers.
Crews Place Booms to Contain Oil Sheen on Columbia River. Crews have placed oil absorbent boom on the Columbia River near Wenatchee to contain an oil-like substance that has gotten into the river. | March 19, 2017, at 3:35 p.m.. MORE. LinkedIn ...
How the Guardian reported the grounding of the Torrey Canyon supertanker and what was then the world's worst oil spill.
On April 20, 2010, an explosion on the Deepwater Horizon caused the oil rig to sink down into the Gulf of Mexico, leaking more than 3 million barrels of crude oil over four months. The spill off the coast of Mississippi was the largest in United States ...
The oil industry's history is punctuated with boom-and-busts cycles that create and erase fortunes and drive economies.


 

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