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The sharp decline in oil prices over the past 18 months is good news for consumers in many countries. But in oil exporting countries in the Mideast it's…
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At first glance, the small West African nation of Equatorial Guinea is doing well. Sandwiched between Cameroon and Gabon on the Gulf of Guinea, the…
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Ethanol is one of the most important industries in the Midwest, and it’s an industry about to change. The U.S. EPA says that by June 1 it will propose new…
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The 2010 explosion at the Deepwater Horizon rig set off an environmental and economic catastrophe. Towns and ecosystems along the Gulf Coast are still struggling to rebound.
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Amid record production, some analysts worry the U.S. will run out of places to put it all. One says lack of storage space could drive oil down to about $20 a barrel, less than half the current price.
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Oil companies hope to build the nation's largest oil-by-rail terminal on the Columbia River in Washington. Proponents say it will bring economic growth, but others fear it could mean fiery accidents.
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Once a booming timber area, Grays Harbor County is the site of three proposed oil terminals. The local fishing industry sees the uptick in oil movement as a big risk, with limited economic benefits.
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The big drop in oil prices is a gift to consumers that should propel the U.S. economy, analysts say. But those lower prices are hurting the energy sector, and consumers continue to be cautious.
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Oil prices are low because there's too much on the market. That extra oil has to be stored somewhere. A lot of it is sitting on ships at sea, with traders hoping the price will go up soon.
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Trains carrying oil from North Dakota pass through American towns daily — and sometimes they derail and explode. The oil industry is now under pressure to make the oil less volatile before shipping.