As oil producers agonize over tumbling crude prices, strong car sales in India and China are underpinning demand for gasoline, giving makers of refined products and petrochemicals healthy margins. While Continue Reading
The Skinny on How This Monster Economy Is Losing Steam – and the Worldwide Fallout The Year of the Red Monkey, also known as the Fire Monkey , starts next Continue Reading
Boom times in North Dakota’s oil fields hit the state’s higher-education sector hard, as young people opted for immediate employment over college enrollment. Now, the region’s colleges are seeing a Continue Reading
Falling oil prices have brought widespread layoffs in the oil fields of Texas, Louisiana, Oklahoma and Pennsylvania and questions about whether once-hot local economies are retrenching for good or just Continue Reading
Energy executive Harold Hamm says oil prices should double to $60 by the end of 2016—a contrary prediction for a market currently bracing for oil to fall to $20. He Continue Reading
Convinced that low oil prices are here to stay, domestic auto executives shrugged off concerns about a potential plateau in global automobile demand, issuing bullish forecasts for 2016 and pledging Continue Reading
Lower crude oil prices are starting to drain on tax revenues for some of the top producers in the country, a federal data review found. State reports on the direct Continue Reading
The Sierra Club hailed President Barack Obama for steering the nation toward a low-carbon future, though the energy industry warned of the administration’s heavy hand. “Looking back at the last Continue Reading
Credit rating agency Standard and Poor’s has slashed its oil and gas price forecasts and warned that it could downgrade firms across the two sectors in the next couple of Continue Reading
Mid-sized oil producing companies are proving more resilient against weak oil prices than expected as they are able to slash more costs, allowing them to press ahead with projects that Continue Reading
