Dec 04 Watch 3:17 News Wrap: U.S. economy turns in solid November jobs numbers By PBS News Hour In our news wrap Friday, American employers added a net of 211,000 jobs in November, keeping unemployment steady at its lowest rate in seven and a half years. Also, OPEC announced it will keep pumping record volumes of oil into… Continue watching
Nov 23 U.S. steps up attacks on Islamic State oil trucks in Syria By Robert Burns, Associated Press The U.S. military said Monday it destroyed 283 tanker trucks used by the militants to transport oil from producing fields in eastern Syria to smuggling points. Continue reading
Nov 19 Watch 8:50 What’s made the Islamic State one of the richest terrorist armies in history? By PBS News Hour How does the Islamic State militant group make money to fund its operations? A key source is oil extraction, which has helped make the group one of the richest terrorist armies in history. Economics correspondent Paul Solman takes a look… Continue watching
Nov 06 President Obama rejects Keystone XL pipeline project By Larisa Epatko President Barack Obama has rejected TransCanada's application to build the controversial Keystone XL pipeline across the United States. He said Friday that “shipping dirtier crude oil into our country” would not increase America’s energy security. Continue reading
Oct 17 Watch How ISIS built its own multi-million dollar industry by attacking oilfields By PBS News Hour In Iraq and Syria, the Islamic State finances much of its military from siphoning and selling oil, amounting to more than a million dollars a day, according to estimates. Erika Solomon, a reporter for the Financial Times, joins Hari Sreenivasan… Continue watching
Aug 29 Obama to walk fine line on climate change, energy during Alaska visit By Josh Lederman, Associated Press With melting glaciers and rising seas as his backdrop, President Barack Obama will visit Alaska next week to press for urgent global action to combat climate change, even as he carefully calibrates his message in a state heavily dependent on… Continue reading
Aug 25 Watch 5:34 Oil innovators see opportunity amid record low prices By PBS News Hour As oil prices have dropped, energy companies have been looking for ways to save money. For innovators, this cost-cutting can actually present an opportunity. Special correspondent Leigh Paterson of Inside Energy reports from Wyoming. Continue watching
Aug 25 Watch 5:40 What’s driving the global glut of oil By PBS News Hour A year ago, crude oil was trading at more than $100 a barrel. Now, the price of oil is down more than 60 percent from its peak. Gwen Ifill speaks to The Wall Street Journal’s Russell Gold to understand the… Continue watching
Aug 22 Photos: Venezuelans contend with food, medicine shortages, as low oil prices cripple economy By Kenzi Abou-Sabe Amid Venezuela's ongoing economic crisis, protests this month in the nation's capital over shortages of medicine and basic supermarket necessities have spotlighted the ripple effect of the falling price of oil, the country's main export. Continue reading
Jul 26 Watch 1:51 U.S. energy firms slash jobs as crude oil prices drop By PBS News Hour The recent 20 percent drop in crude oil prices might be saving you money at the gas pump, but it's now prompting job layoffs by U.S. energy companies. The Wall Street Journal's Lynn Cook joins Hari Sreenivasan to discuss the… Continue watching