Articles on oil economy
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Oil’s importance to South Sudan’s economy is often exaggerated – the bigger challenge facing Juba is its inability to secure new loans.
Alaska produces a lot of crude oil, but many of the state’s utilities, businesses and homes run on natural gas, which is in dwindling supply near population centers.
Pump prices are a big deal in a country still hooked on fossil fuels.
While some stereotype Alberta as a “conservative” province, the bucking and swift horses that typify the Calgary Stampede speak to a more complex spirit of risk seen in local musicians.
Recent pipeline explosions have brought the problem of Mexico’s black market for oil into tragic relief.
China, Russia and the International Monetary Fund are among those contemplating a Venezuela bailout. But help for this debt-stricken nation seems far from assured.
Tehran is fostering a start-up industry as a possible motor to solve Iran’s unemployment crisis.






