Oil Industry

The price of oil has been on a steady decline since 2014, and the housing markets of oil industry towns are on their own, similar slide.
Jan 20, 2016   The Wall Street Journal
An ambitious energy-climate bill strongly backed by Gov. Jerry Brown was stripped of one of its three goals—to reduce oil consumption in half by 2030. The other two goals, increasing the renewable portfolio and increasing energy efficiency, remain.
Sep 12, 2015   Sacramento Bee
Houston's housing market is chugging along, although one of the area's key industries is struggling.
Aug 16, 2015   Houston Chronicle
Inadequate state enforcement of protected underground aquifers led to a group of emergency cease and desist orders. The failure of regulators is "especially disturbing" in a state stricken by a historic, economy- and life-threatening drought.
Jul 29, 2014   Pacific Standard
A pair of articles in The New York Times look at two different kinds of waste generated from North Dakota's booming oil industry: natural gas from oil wells is burned due to the absence of pipelines, and the disposal of waste in landfills.
Oct 24, 2013   The New York Times - Energy & Environment
SB 4 passed the legislature over strong objections from the oil and business community. California will go from having no well stimulation (includes acidizing) regulation set in statute to the nation's toughest, so why are environmentalists unhappy?
Sep 13, 2013   Los Angeles Times - Business
Sacramento reporter John Myers suggests that if the oil industry and the Sierra Club both oppose a fracking bill - one for going too far; the other for not going far enough - then state Senator Fran Pavley's bill, "must be doing something right".
Sep 2, 2013   News 10/KXTV Sacramento
Mexico, the world's 9th largest oil producer and first to nationalize its oil production, has seen steep production declines as the state-owned oil company lacks capital resources and expertise. Constitutional reforms would entice private investment.
Aug 20, 2013   The New York Times - Global Business
For all his intentions to help the poorest in his country, Hugo Chávez's handling of the golden goose - Venezuela's massive oil wealth, was badly mishandled during his reign. Output decreased, debt increased, and he left behind a polarized society.
Mar 11, 2013   The Wall Street Journal
A 50-acre section of the Los Angeles suburb of Carson is contaminated with methane gas and benzene. Owners of the 285 homes in the area are left with few options.
Apr 28, 2010   Los Angeles Times
For political, technological, and even demographic as well as economic reasons, don't expect American oil consumption to increase over 2007 levels. $3 gas is here to stay, and the days of the petrol-gulping SUVs and guzzlers may be numbered.
Sep 8, 2009   Barrons