At present, oil extraction in the United States sits at record levels of roughly 13.2 million barrels per day. No wonder oil is so expensive. Wait, what’s that you say? U.S. extraction at record ...

Colorado and Utah have as much oil as Saudi Arabia, Iran, Iraq, Venezuela, Nigeria, Kuwait, Libya, Angola, Algeria, Indonesia, Qatar and the United Arab Emirates combined. That's not science fiction.

A series of more than 100 small earthquakes in Surrey in 2018 and 2019 might have been triggered by oil extraction from a nearby well, suggests a new study. A series of more than 100 small earthquakes ...

The coronavirus pandemic has stalled factories and shut down business around the world, causing a historic drop in oil demand just as production was reaching new highs. WSJ explains the oil price bust ...

Culver City has struck a deal with one of California’s largest oil producers to end petroleum extraction and plug all wells within the city limits by the end of the decade — an agreement that ...