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August 11, 2022

Energy and Environment
How the U.S. Oil and Gas Industry Works

The United States is the world’s top producer of oil and natural gas. Its decision to either continue at this pace or curb production to achieve its climate goals will have global consequences.

An oil refinery is seen from above at night. Lights shine throughout the refinery and a U.S. flag hangs in the center.

April 20, 2022

United States
The State of U.S. Strategic Stockpiles

President Joe Biden has tapped the nation’s emergency oil reserves several times over the past year. The Strategic Petroleum Reserve is just one of the stockpiles that the United States maintains for…

Members of the Oklahoma National Guard Oklahoma National Guard walk toward the front of the Strategic National Stockpile Warehouse after unloading medical supplies.

November 10, 2008

Fossil Fuels
Non-OPEC Oil Production

Non-OPEC oil producers, which turn out most of the world’s oil, are operating near capacity.

March 9, 2022

Oil and Petroleum Products
OPEC in a Changing World

Western leaders have long criticized OPEC’s power to raise oil prices, and the bloc continues to influence the global market even as U.S. oil production has soared and alternative energies have come …

OPEC

November 18, 2022

Middle East and North Africa
What Is the Kafala System?

The kafala system regulates the lives of tens of millions of migrant laborers in the Middle East, but growing outrage over human rights abuses, racism, and gender discrimination has fueled calls for …

Workers are seen in the Lusail National Stadium, which is under construction for the 2022 FIFA World Cup in Doha, Qatar.

November 18, 2022

Economics
Is Industrial Policy Making a Comeback?

The consequences of the COVID-19 pandemic and the rise of China have prompted renewed debate about the U.S. government’s role in shaping the economy.

Workers assemble Ford vehicles at the Chicago Assembly Plant in Chicago, Illinois.

November 4, 2022

Climate Change
Global Climate Agreements: Successes and Failures

International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.

Muddy waters nearly submerge lines of cars during a flood in Colorado, United States.

January 20, 2012

Iran
Oil’s Trouble Spots

With oil supplies tight, regions most vulnerable to oil supply disruptions present a significant economic concern, particularly threats to the Strait of Hormuz and unrest in Nigeria, explains this Ba…

October 18, 2007

Global
Oil Prices

While some experts fault demand increases for record-high oil prices, others say production and market issues reflect price hikes are more complicated.

May 6, 2011

Fossil Fuels
Oil Market Volatility

Though shifts in demand and reduced production by some major producers have influenced oil prices, investor behavior is also increasing market volatility.