May 16, 2017, 9am PDT
President Trump will take his first trip abroad on Friday to Saudi Arabia, where he hopes to secure a $40 billion investment for his $1 trillion infrastructure plan. At home, Trump's plan was rebuffed by Texas legislators.
March 28, 2016, 10am PDT
Gas prices are on the rise, though they will remain well below 2014 levels through this year. U.S. oil production dropped by 600,000 barrels from last year, while gas consumption is on track to break the 2007 record thanks to cheap gas and more SUVs.
January 14, 2016, 12pm PST
Oil prices are now at a 12-year low. Prices have been very consistent this year: they have dropped every day. As they slide to going below $30 a barrel, service stations could be selling gasoline at $1 per gallon, a price not seen since 1999.
December 30, 2015, 5am PST
The world's third cheapest gasoline will increase by 40 percent in order to deal with a record budget deficit of $98 billion this year. Plummeting oil prices have forced the world's largest oil exporter, Saudi Arabia, to reduce energy subsidies.
March 13, 2015, 11am PDT
While many California were protesting oil trains carrying the hazardous Bakken crude, a funny thing happened—they stopped coming. While protests may have delayed the construction of new oil terminals, economics is at the root of the slowdown.
February 12, 2015, 5am PST
An IEA report suggests that oil prices have bottomed-out, are now on the rebound, and that demand for OPEC's oil will start rising next year. OPEC predicts that U.S. oil consumption will increase after years of decline, thanks to U.S. motorists.
February 5, 2015, 1pm PST
Just as plummeting oil prices have caused state and federal political leaders to consider raising gas taxes, leaders in developing nations, both oil producers and consumers, are considering reductions in national energy subsidies.
December 2, 2014, 12pm PST
American motorists are enjoying the lowest gasoline prices in five years because OPEC chose not to reduce oil output in the hopes that decreased oil prices will be lower than the cost needed to frack oil from shale.
October 31, 2014, 9am PDT
Ben Adler of Grist writes how falling oil prices will affect climate change. Cheaper gas prices may encourage more driving and more truck sales at the expense of hybrid, electric, and fuel efficient cars, but the news may not be all bad.
October 16, 2014, 10am PDT
The worthy foe is not environmental regulations nor the the government or public demanding fracking moratoriums and bans. It is the falling global price of oil. Two radio reports explore how the global glut of oil affects U.S. shale oil production.
July 7, 2014, 8am PDT
Bloomberg News shares news of a report showing that the surge in shale oil production has made the United States the top oil and natural gas liquids producer in the first quarter of 2014 and discusses its impact on domestic and global oil prices.
October 26, 2013, 11am PDT
On these pages we usually tout the developed world's decline in driving and car ownership. But in Saudi Arabia, where women are not allowed to drive, the automobile serves as a vehicle for improving human rights.
August 14, 2013, 12pm PDT
The construction of Riyadh's Metro has ambitious goals to relieve gridlock and reduce obesity. Perhaps more importantly, it aims to grant women the freedom of mobility. “That's a lot to expect from a public transport system,” writes Susanne Koelbl.
April 13, 2013, 7am PDT
An impending lift of the ban on women cyclists could generate investment in much-needed biking infrastructure in Saudi Arabia.
October 27, 2012, 5am PDT
A unique blend of religious beliefs, state policies and capitalist interests are reshaping Mecca for the worse, critics argue, at the expense of its most prized cultural assets.
August 15, 2012, 1pm PDT
Caroline Davies reports on the development of a women-only industrial city in Saudi Arabia, that the government hopes will give women a more prominent role in their country's development while maintaining their second-class status.
July 7, 2012, 1pm PDT
Unsurprisingly, most of the projects compiled by the company KPMG called "Infrastructure 100: World Cities Edition" are in expanding countries like China and Saudi Arabia. Tyler Falk pulls out some favorites.
July 20, 2011, 9am PDT
A proposed 20-mile bridge would span the Red Sea to connect Egypt and Saudi Arabia -- connecting Arab states and reducing reliance on land passage through Israel.
May 25, 2011, 12pm PDT
Half the oil in the Persian Gulf has been pumped out of the ground - so has 'peak oil' been reached? Notably, that term doesn't even appear in the article. Instead, it discusses the difference between light and heavy oil, and the role of technology
The Wall Street Journal - Business
December 13, 2010, 2pm PST
An under-20 population of more than 13 million and an eagerness to move the national economy away from oil production have the Saudi government investing heavily in huge new cities that are designed to encourage a 'Western-style modernity.'