Crude displacing other commodities on trains, critics charge

The industry’s critics charge that their shipments are taking a back seat to crude oil.  More »

Canada tries to lure U.S. energy workers

Canadian employers are swarming to draw out-of-work Americans north.  More »

North Dakota’s great oil rush

School bus driver Barb Russell heard there was good money to be made here in the oil fields of North Dakota, so last month she packed a bag, locked her Farmington, Minn., home, and headed west. She tripled her income.  More »

Feds may have promised smooth sailing for Canadian oil pipeline

Environmentalists and industry experts say a leaked cable is among several examples from unguarded moments and public documents that signal the administration’s willingness to push ahead with the controversial pipeline, even as its agencies conduct environmental and economic reviews.  More »

FTC probe of gasoline prices has eye on refiners

The Federal Trade Commission confirmed Monday that it’s opened a broad investigation into the companies that turn crude oil into gasoline, looking into whether they have engaged in anti-competitive practices or manipulation to drive up prices at the pump.  More »

Saudi oil hub remains vulnerable, Wikileaks cables suggest

When al-Qaida tried in 2006 to blow up Saudi Arabia’s Abqaiq oil processing facility, arguably the world’s most important petroleum hub, it was taken as a sign of strength that internal security had foiled the attack. U.S. State Department cables tell a different story.  More »

CFTC chief: Speculators swamp oil markets

Nearly nine in 10 traders betting that oil prices would rise this spring were financial speculators, not end-users of oil, Commodity Futures Trading Commission Chairman Gary Gensler said. He vowed that his agency will soon act “to guard against the burdens of excessive speculation.”  More »

WikiLeaks cables show oil a big focus of U.S. diplomats

With oil trading near $100 a barrel and gasoline near $4 a gallon at the pump, Americans can take solace in knowing that securing sources of oil has been a chief focus of U.S. embassies across the globe for years. Of 251,287 State department documents WikiLeaks passed to news organization, 23,927 of them — nearly one in 10 — reference oil.  More »