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Oil

The amount of oil in the world is a mystery

by Scott Tong
Jul 27, 2016
Countries are not required to report storage data.
Oil pumps in operation at an oil field near central Los Angeles.
MARK RALSTON/AFP/Getty Images
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A Texas range war over a natural gas pipeline

by Lorne Matalon
Jul 18, 2016
A pipeline carrying natural gas to Mexico from Texas will across remote ranches more than a century old.
The Trans-Pecos Pipeline is expected to send 1.4 billion cubic feet of Texas natural gas per day to Mexico.
Lorne Matalon/Marketplace
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Low oil prices made U.S. frackers lean and profitable

by Scott Tong
Jul 14, 2016
Even at prices half what they once were, U.S. oil producers can make a profit
Oil producers are using more efficient technology that allows them to make a profit drilling for oil when the price is as low as $60 a barrel. 
David McNew/Getty Images
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How low gas prices affect mass transit's bottom line

by Nancy Marshall-Genzer
Jul 11, 2016
Low gas prices do have an effect on transit use.
A gas pump reflects cheap gas prices in Oklahoma City, Oklahoma.
J Pat Carter/Getty Images
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Explosion heat up concerns over gas pipelines

by Reid R. Frazier
Jul 5, 2016
A recent Pennsylvania gas explosion has raised questions about safety
Investigators on the scene of an April 29, 2016 Pipeline Explosion that badly burned a 26-year-old man in Salem Township, Pennsylvania.
REID R. FRAZIER
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The Resource Curse

Venezuela's economic crisis spurs food riots and looting

by Marketplace Staff
Jun 20, 2016
Another sign of the resource curse: following the country's state of emergency declaration, conditions worsen.
Fading Chavez graffiti.
Jorge Galino/Marketplace
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Unemployed oil workers find new home in solar industry

by Marketplace Contributor
Jun 7, 2016
Texas oil workers are flocking to solar power jobs, despite lower wages
: Workers manufacture, package and distribute solar modules in the Mission Solar warehouse in San Antonio.  
Brenda Salinas/Marketplace
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OPEC is sitting prettier, but will oil prices stay up?

by Jed Kim
Jun 1, 2016
The goal of hobbling U.S. shale oil production may have worked, but may not explain higher prices.
Oil prices began falling more than a year ago.
David McNew/Getty Images
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How an oil shortage in the 1970s shaped today's economic policy

by Kai Ryssdal
May 31, 2016
Meg Jacobs details the effects of U.S. dependency on foreign oil in her new book.
An attendant at a Texaco petrol station on 1st Avenue and 37th Street, New York, during a fuel shortage in June 1979.  
Brian Alpert/Keystone/Hulton Archive/Getty Images
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Oil bust forces Texas H-1B visa holders to exit country

by Marketplace Contributor
May 18, 2016
As layoffs continue, foreign-born oil workers have little choice but to go home.
Workers construct new sidewalks in the Permian Basin oil field on January 21, 2016 in the oil town of Midland, Texas.
Spencer Platt/Getty Images
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