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Energy barge businessman expects fewer mandates, fewer headwinds under new administration

Nov 7, 2024
Austin Golding says the oil and gas industry should meet climate goals via competition and evolution rather than constraints on production and transport.
"We're looking for a world that is competitive and not mandated," says Austin Golding at Golding Barge Line in Mississippi.
Andrew Caballero-Reynolds/AFP via Getty Images

Record hurricane season could hurt oil and gas production

May 28, 2024
U.S. refineries, which are concentrated on the Gulf Coast, could be especially impacted by destructive storms, prodding prices up.
The concentration of oil refineries along the Gulf Coast makes them especially vulnerable to big storms.
Brandon Bell/Getty Images

Oil-rich Permian Basin attracts buyers with resources

Jan 1, 2024
Big companies have been paying billions to acquire smaller competitors — and their drilling rights.
A mural depicting oil drilling adorns a building in Odessa, Texas. The Permian Basin region has helped the U.S. become the world's top oil producer.
Joe Raedle/Getty Images

The curse of “black gold”

Nov 6, 2023
We’re watching “Killers of the Flower Moon” in November.
Lily Gladstone and Leonardo DiCaprio star in “Killers of the Flower Moon.”
Apple TV+

A fraction of oil and gas profits would fund methane emissions cuts, global energy agency says

Aug 7, 2023
IEA advises investing in facilities to reduce the potent greenhouse gas. The U.S. government is already funding such programs.
Methane, a greenhouse gas invisible to the naked eye, is one of the biggest contributors to global warming.
David McNew/Getty Images

In the West Texas oil patch, a boom in drilling has led to a growing number of earthquakes

Dec 28, 2022
After multiple near-record Texas earthquakes, oil and gas regulators say they’re stepping up efforts to reduce quakes triggered by industry activity.
A truck travels through the West Texas oil patch. Earthquakes that have rocked the region have been tied to the area's booming oil industry.
Mitch Borden

Fracking flourishes as era of net-zero carbon looms

Aug 15, 2022
The energy industry is emphasizing the controversial technique over traditional drilling, partly for its shorter timetable.
David McNew/Getty Images

For public good, not for profit.

Texas oil and gas industry should temper its job-creation claims, report says

Jul 19, 2022
There’s been a hiring uptick, but "we're only about halfway" to pre-COVID employment numbers, the author of the IEEFA report says.
In the early part of the pandemic, the Texas oil and gas industry shed 20% of its workforce.
Joe Raedle/Getty Images

How much has Putin’s war damaged Russia's economy?

May 2, 2022
As sanctions take their toll and Russia's leader writes off Western markets, analysts count the costs for the nation's people and businesses.
As Russia's war on Ukraine continues, ordinary Russians face economic burdens.
Natalia Kolesnikova/AFP via Getty Images

Oil prices soared, then dropped. But gasoline is still expensive. Why?

Mar 15, 2022
A barrel of crude topped $130 last week and now sells for less than $100. Gas prices follow oil quickly on the way up, slowly on the way down.
Though the cost of a barrel of oil has dipped back below $100, consumers aren't feeling much relief at the gas pump yet.
Jim Watson/AFP via Getty Images