Driving through the vast, dusty expanse of West Texas, the oil industry is on full display. In August 2024 alone, Texas ...

And Prof. Smith says that also makes banks skittish about loaning the billions of dollars it takes to find and pump new oil. "Most of the drilling gets done with borrowed money," he explained ...

The good news for American drivers is that gasoline prices are coming down. And President Donald Trump was happy to take credit for what he sees as very good news.

(Bloomberg) -- Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras ... serious safety issues — a Feb. 14 pump failure triggered an explosion aboard ...

There is a lot of bad news these days. Here is some good news. Oil drilling is down No one bid at the auction for companies ...

It’s the linchpin of his plan to tame inflation, because oil drilling can drive down prices at the pump. And Trump sees oil and gas as America’s most powerful asset in trade negotiations.

“Given the urgency of the climate crisis and our nation’s pledge to phase out oil and gas extraction, the Biden administration needs to pump the brakes right now on issuing drilling permits on our ...