How a US decision to allow oil exports could change the world's energy balance
The Obama Administration has taken a bold step toward loosening the grip of tense geopolitics on oil prices, reports the Wall Street Journal (paywall), giving the first permission in four decades for the export of unrefined American oil. The decision …
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Oil From US Fracking Is More Volatile Than Expected
Millions of barrels of crude oil flowing from shale formations around the country—not just North Dakota—are full of volatile gases that make it tricky to transport and to process into fuel. Oil from North Dakota's Bakken Shale field has already been …
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