Oil Production

North And South America Could Become Major Oil Players

The Washington Post | JUAN FORERO | Posted 05.26.2012

Read More: Energy, Oil and Gas, Oil Market, South America, Oil Production, Oil Drilling, Oil and Gas Industry, Gas Production, Oil, North America, Business News

LOMA LA LATA, Argentina — In a desertlike stretch of scrub grass and red buttes, oil companies are punching holes in the ground in search of what mi...

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Whatever Happened to $200 Oil?

Jeffrey Rubin | Posted 05.23.2012

Read More: Oil Prices, Global Economy, Economic Growth, Oil, Oil Production, Cibc World Markets, Business News
Jeffrey Rubin

If a mea culpa is in order, its roots can be found in the decision to underplay the demand side of the equation. Oil prices plunged to $40 a barrel after economic growth collapsed, taking global oil demand along for the ride. And that same movie is about to play out again.

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Small Town Mayor To Locals: Get Outta Town

The Huffington Post | Alexander Eichler | Posted 04.25.2012

Read More: Chicago Gas Prices, High Gas Prices, Gas Prices, New Lenox, Oil Production, Pump Prices, Illinois, Tim Baldermann, Fuel Prices, Consumer Spending, Four Dollars a Gallon, Video, Money News

How high are gas prices in New Lenox, Ill.? They're so high, the mayor is sending people out of town to fill up their tanks. At one New Lenox st...

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Bachmann Defends 'Tar Baby' Charge

AP | Posted 04.19.2012

Read More: Energy, Politics News, Video, Oil Production, Michele Bachmann, Energy Prices, Michele Bachmann 2012, Gas & Oil, Bachmann Tar Baby, Bachmann Obama, Barack Obama, Politics News

MINNEAPOLIS -- A spokeswoman says U.S. Rep. Michele Bachmann wasn't referring to race when she used the term "tar baby" to attack President Barack Oba...

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Bachmann: Obama 'Waving A Tar Baby In The Air'

Posted 04.19.2012

Read More: Energy, High Gas Prices, Gas Prices, Video, Oil Production, Energy Prices, Michele Bachmann, Michele Bachmann 2012, Bachmann Tar Baby, Obama, Bachmann Obama, Politics News

Rep. Michele Bachmann (R-Minn.) attacked President Barack Obama's proposal to curb oil speculation amid high energy prices as "waving a tar baby in th...

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Energy and Earthquakes: A Whole Lot of Shaking Going On

Bill Chameides | Posted 04.13.2012

Read More: Energy, Oil Production, Fracking, Earthquake, U.S. Department of the Interior, Shale Gas, Oil Drilling, Oil, Gas Production, Hydrofracking, Shale, U.S. Geological Survey, Hydraulic Fracturing, Geology, Wastewater, Natural Gas, Green News
Bill Chameides

Could it be that the increase in earthquakes is specifically tied to the growing practice of using hydraulic fracturing (fracking) to release oil and gas from shale and other tight formations?

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U.S. States With The Most Oil

24/7 Wall St. | Charles B. Stockdale | Posted 04.06.2012

Read More: Unemployment Rates, Census Bureau, Oil Production, Gas Industry, U.S. Energy Information Administration, American Petroleum Institute, Oil, Oil Reserves, The Bureau of Labor Statistics, Business News

From 24/7 Wall St.: As gas prices reach record highs across many parts of the country, Americans have been blaming oil companies. But as much as they ...

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Shale Oil "Flaring" Is Dirty Secret of U.S. Oil Boom

Mindy S. Lubber | Posted 05.29.2012

Read More: Oil Production, Oil Price, Fracking, Fracking Debate, Oil, Fracking Practice, Oil Business, Fracking North Dakota, Natural Gas, Green News
Mindy S. Lubber

My question in response would be this: Given business, reputational, environmental and other risks, can't the industry figure out a way to successfully capture this perfectly usable gas at a profit?

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Newt Gingrich: Obama Gets No Credit For Increased Domestic Oil Production

The Huffington Post | Amanda Terkel | Posted 03.22.2012

Read More: Gas Prices, Obama Gas Prices, Video, Newt Gingrich 2012, Oil Production, Election 2012 Blog, Oil Drilling, 2012 Election, Elections 2012, Gingrich Campaign, Newt Gingrich, Obama Oil Drilling, Newt Gingrigh Gas Prices, Politics News

Former House Speaker Newt Gingrich has made gas prices a focus of his campaign in recent weeks, promising to lower prices to $2.50 a gallon if he is e...

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Major Oil Producers Look For New Way To Exploit Natural Gas In Alaska

Reuters | Posted 03.06.2012

Read More: Bp, Video, LNG Project, Oil Production, Conocophillips, Oil Exports, Exxon Mobil, Reuters, Oil, Transcanada Corp, Valdez, BP CEO Bob Dudley, North Slope, ConocoPhillips CEO Jim Mulva, Business News

(Adds quotes, details) By Yereth Rosen ANCHORAGE (Reuters) - The chief executives of BP and ConocoPhillips, two of Ala...

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Exxon Mobil Profits Jump On Higher Oil Prices

AP | CHRIS KAHN | Posted 12.27.2011

Read More: Factset, Gas Prices, Video, Oil Production, Wall Street, Stocks, Revenue, Exxon Mobil, Oil Prices, Net Income, Natural Gas, Oil Company, Business News

NEW YORK — Exxon Mobil's quarterly profit rose 41 percent because the company sold oil and natural gas at higher prices, making up for lower pro...

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Wyo. Oilfield Blast Sparks Fire, Kills Workers

AP | By BEN NEARY | Posted 10.31.2011

Read More: Samson Resources Company, Casper Wyoming, Wyoming News, Oil Production, Wyoming Oilfield Explosion, Wyoming, Wyoming Ranch Oilfield Explosion, Wyoming Oil Production, Oilfield Explodes on Ranch, Denver News

CHEYENNE, Wyo. -- Authorities won't be able positively to identify the three workers killed in an oilfield explosion in eastern Wyoming until autopsie...

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Which Countries Will Benefit Most From The Return Of Libyan Oil? [GRAPHIC]

The Huffington Post | Harry Bradford | Posted 10.25.2011

Read More: Video, Oil Production, Arab Spring, Oil Imports, Opec, Moammar Gaddafi, Libya Oil, Good, Ireland, Italy, Column Five, Libya Uprising, Business News

As Libyan rebels celebrate the likely overthrow of Moammar Gaddafi's regime, nation's who once relied on Libya's oil exports may soon share their jubi...

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Under Pressure, OPEC Hammers Out Deal to Raise Oil Supply

Posted 08.08.2011

Read More: Quota, Oil Barrels, Commodities, Oil Production, Oil Drilling, Opec, Cartels, Saudi Arabia, Oil Prices, Kuwait, Business News

VIENNA (Ramin Mostafavi and Alex Lawler) - OPEC producers on Wednesday hammered out a deal to raise oil supplies for the first time in four years...

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Libya's Oil Production Down 50%

Reuters | Muriel Boselli and Amena Bakr | Posted 05.25.2011

Read More: Gaddafi, Eni, Libya, Oil Production, Civil War, Egypt, Revolution, Reuters, Oil Output, Oil Prices, Protests, Saudi Arabia, Business News

PARIS/RIYADH: The uprising in Libya has cut its oil output by half, the International Energy Agency said on Monday, but Saudi Arabia's pledge to pum...

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Libya Chaos Could Leave 'Lasting Scars' On Area's Oil Production

Posted 05.25.2011

Read More: Oil Prices, Oil Production, Libya Protests, Libya Oil, Brent Crude, Opec, Crude Oil, Gas Prices, Business News

NEW YORK (By By Joshua Schneyer) - Regardless of what comes next in Libya's lethal political standoff, the OPEC country's oil sector is nearly ce...

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Libya Chaos Could Leave 'Lasting Scars' On Area's Oil Production

Posted 05.25.2011

Read More: Oil Prices, Oil Production, Libya Protests, Libya Oil, Brent Crude, Opec, Crude Oil, Gas Prices, Business News

NEW YORK (By By Joshua Schneyer) - Regardless of what comes next in Libya's lethal political standoff, the OPEC country's oil sector is nearly ce...

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Top 20 Oil-Producing Countries

The Huffington Post | Joanna Zelman | Posted 05.25.2011

Read More: Energy, Oil Production, Top Oil-Producing Country, Top Oil Country, Countries With Most Oil, Oil Exports, Top Oil Producers, Oil Exporters, Oil Producing Countries, Slidepollajax, Oil Producers, Top Oil Exporters, Country With Most Oil, Top Oil Countries, Top 20 Oil, Green News

A recent list from the AP reveals the top 20 oil-producing countries (in barrels per day), according to 2009 statistics by the U.S. Energy Information...

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If Shale Gas Is a Game-Changer, Why Are All the Major Producers Looking for Oil?

Jeffrey Rubin | Posted 05.25.2011

Read More: Natural Gas Drilling, Natural Gas, Natural Gas Production, Oil Production, Shale Gas, Business News
Jeffrey Rubin

Curious, isn't it, how some of the largest shale gas producers seem to be drilling more for oil these days? According to Baker Hughes Inc., a major oi...

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Even the International Energy Agency Forecasts Peak Oil

Jeffrey Rubin | Posted 05.25.2011

Read More: Ireland, Oil Production, Peak Oil, World Energy OUtlook, Iea, UK, Business News
Jeffrey Rubin

This year, the International Energy Agency is taking a far more sober perspective on the world's oil-consuming future due to our ever-greater reliance on costly unconventional oil sources.

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Stem the Flow

Sen. Mark Udall | Posted 05.25.2011

Read More: Bp, Deepwater Horizon, Clean Energy, BP Oil Spill, Oil Production, Gas Production, Safer Oil and Gas Production Act, Clean Energy Future, Politics News
Sen. Mark Udall

Even while we work for a clean-energy future, we must ensure today's energy production is as safe as it can possibly be.

 That's why today I introduced the Safer Oil and Gas Production Act.

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What's Plan B?

Jeffrey Rubin | Posted 05.25.2011

Read More: Tar Sands, Oil Production, Oil Supply, Deep-Weater Drilling, Business News
Jeffrey Rubin

America's Plan A for the future of its oil supply was shaky to start with. Hurricanes, and the devastation they've brought to offshore oil platforms i...

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Gulf Oil Disaster Doesn't Make the Tar Sands Green

Jeffrey Rubin | Posted 05.25.2011

Read More: Tar Sands, Oil Production, Gulf Oil Spill, Oil Supply, Canada Tar Sands, Synthetic Oil, Tar Sand Production, Green News
Jeffrey Rubin

Tar sands producers and others are promoting tar sands oil as an ecologically-friendly alternative to the environmental risks of another deep-water oil spill. How low the bar has fallen.

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A Moratorium on Supply Growth

Jeffrey Rubin | Posted 05.25.2011

Read More: Deepwater Horizon, Oil Production, Oil Supply, Deep-Water Drilling, Business News
Jeffrey Rubin

President Obama's recently announced moratorium on deep-water drilling in the Gulf of Mexico is effectively a freeze on growth in US oil production. A...

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The Feudal Mistake

David Dana | Posted 05.25.2011

Read More: Mortgage Crisis, Reworking Mortgages, Mortgages, Financial Crisis, Foreclosure, Oil Production, Feudal England, Business News
David Dana

Forcing investors to cooperate in re-working excessively cut-up mortgages is completely consistent with the English and American tradition of property law and property rights.

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