Banks Dodge One Oil-Patch Risk
Banks have provided further evidence that they are weathering the oil-price bust so far. Going into first-quarter earnings season, one of the biggest worries hanging over banks had to do Continue Reading
Colorado High Court Rules Local Bans on Fracking Are Illegal
The Colorado Supreme Court ruled… The Colorado Supreme Court ruled Monday that municipalities can’t bar hydraulic fracturing, a long awaited decision in a legal battle that has rippled across this Continue Reading
North Dakota showing little rig movement
Despite a rally in oil prices of around 30 percent, the number of rigs deployed in shale-rich North Dakota is steady for the fifth straight week, data show. State data Continue Reading
Oil Bulls Bet the Waning U.S. Shale Boom Will Curb Global Glut
Hedge funds are rooting for a quick collapse of the U.S. shale boom. Money managers turned the most bullish since May as West Texas Intermediate crude climbed to a five-month Continue Reading
U.S. Energy Secretary sees oil supply, demand rebalancing in a year
U.S. Energy Secretary Ernest Moniz said he expects global oil supply and demand to rebalance in about a year’s time. Benchmark crude oil prices, which hit almost 13-year lows earlier Continue Reading
How many people can the Earth actually hold?
Earth may only be a tiny blip on the map relative to the entire universe, but for our purposes, it’s pretty darn big. Of course, the vast majority of earth Continue Reading
Human Extinction Isn’t That Unlikely
Nuclear war. Climate change. Pandemics that kill tens of millions. These are the most viable threats to globally organized civilization. They’re the stuff of nightmares and blockbusters—but unlike sea monsters Continue Reading
OPEC oil output near record high in April as Iran, Iraq growth offsets outages: Reuters survey
OPEC’s oil output rose in April to close to the highest level in recent history, a Reuters survey found on Friday, as production increases led by Iran and Iraq more Continue Reading
OPEC Oil Output Surges as Iran Looks to Regain Market Share
The 13-member group boosted output by 484,000 barrels a day OPEC crude production surged in April, led by Iran, which is seeking to regain market share after sanctions were lifted Continue Reading
Investors Optimistic About Oil-Company Stocks After Earnings
Exxon Mobil Corp. XOM 0.42 % reported its smallest quarterly profit since 1999 on Friday, the latest in a parade of woeful earnings out of oil and gas producers this Continue Reading