Commodities

Black Gold: Oil Extraction In the U.S. Boosting Economy

The shale revolution in America is helping to bring oil prices lower, keep gas prices down, and give the economy a boost in the process. But fracking has taken the spotlight for a number of different economic and environmental reasons.

Plant Closures to Ruffle New England's Energy Market

Entergy's pending closure of the 41-year-old Vermont Yankee nuclear power plant will likely affect the natural gas and electricity markets in New England, as 4% of the region’s annual electricity supply is set to come off line.

Oil’s 'Dead Cat Bounce' Faded Fast

Crude had been pumping up incredibly, so much so that it surged nearly 30% in just three days, the biggest three-day gain since 1990! But today is another day, and crude is under pressure.

As Oil Continues Freefall, Will OPEC Blink?

OPEC has, so far, held its ground during a steep drop in global oil prices. But with crude now hitting six-year lows, industry watchers are wondering if the oil cartel may finally blink.