Oil and Gas

10:01pm

Sun March 11, 2012
Looking Up: Pockets of Economic Strength

Jobs Abound In Energy Industry's New Boom Time

Originally published on Wed November 28, 2012 3:47 pm

Oil workers on a drilling rig owned by Chesapeake Energy in Ohio. Students are flocking to the energy field.
Gus Chan The Plain Dealer/Landov

Part of a series

Economists say many industries are looking up this year. But perhaps none has a better outlook than the energy sector.

New drilling technologies and rising fuel prices have generated a boom in drilling — and lots of high-paying jobs for people with the skills to work in the oil patch. On some college campuses, companies are so eager to find petroleum engineers that they are offering jobs to students even before they have graduated.

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10:01pm

Tue March 6, 2012
Energy

Is U.S. Energy Independence Finally Within Reach?

Originally published on Wed March 7, 2012 6:17 pm

A worker hangs from an oil derrick near Williston, N.D. The state now produces 500,000 barrels of crude oil per day, and production continues to rise.
Gregory Bull AP

Rising gas prices have been the big energy story of the past several weeks. But many energy experts say that's a sideshow compared with the really big energy event — the huge boom in oil and natural gas production in the U.S. that could help the nation reach the elusive goal of energy independence.

Since the Arab oil embargo of 1973, energy independence has been a Holy Grail for virtually every American president from Richard Nixon to Jimmy Carter to Barack Obama.

But now, it might just be within reach.

The Shale Gale

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4:04pm

Mon March 5, 2012
The Two-Way

High Court To Reconsider Major Human Rights Ruling

Originally published on Mon March 5, 2012 4:24 pm

The U.S. Supreme Court said Monday that it will hear reargument next term in a major human rights case, raising the specter that the justices might reverse a 2004 ruling that allowed some lawsuits in U.S. courts for human rights atrocities committed abroad.

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5:00am

Mon March 5, 2012
Business

Colorado Oil Boom Fuels Demand for Engineers

The Colorado School of Mines in Golden, Colo, has a nearly perfect employment rate for students graduating in petroleum engineering.
Kirk Siegler KUNC

New technology around hydraulic fracturing is leading to an oil drilling boom in states like Colorado – where companies are eager to develop the Niobrara shale formation along the Front Range.

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2:24pm

Sat March 3, 2012
Around the Nation

Settlement Only The First Step In BP's Legal Woes

Originally published on Sat March 3, 2012 3:09 pm

A cross with the words "Promises Made"-- referring to statements from BP and government officials — stands in front of a pile of crosses symbolizing things that were impacted by the spill, in a front yard in Grand Isle, La.
Patrick Semansky AP

Oil giant BP has agreed to settle thousands of lawsuits stemming from its well blowout in the Gulf of Mexico.

The deal was announced late Friday and prompted a federal judge in New Orleans to postpone a Monday trial, but the proposed settlement solves only one piece of BP's legal exposure from the worst environmental disaster in U.S. history.

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