Consumers Pay More as Gas Prices Spike
Source: http://www.flickr.com/photos/23165290@N00/ As natural gas prices climb, reaching over $5/mcf again on 4 February, and with an unseasonably cold winter, local utilities say that natural gas...
View ArticleIs Exxon Mobil Stock Enticing After Recent News?
With shares of Exxon Mobil (NYSE:XOM) trading around $93, is XOM an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework. T...
View Article8 States With the Highest Wages in America
Even though average wages in the United States have remained relatively steady for the past decade, regional variance persists. Some states have seen rising wages with increases in industries like...
View ArticleExxon Mobil Faces Criminal Charges That Concern the Fracking Industry
Three years ago, Exxon Mobil (NYSE:XOM) acquired natural-gas producer XTO Energy for $34.9 billion, largely to take advantage of the company’s hydraulic-fracturing expertise. The purchase was the...
View ArticleWill Saudi Arabia Let the U.S. Oil Boom Continue?
Technology, technology, and more technology — this is what has driven the American oil and gas boom starting in the Bakken and now being played out in the Gulf of Mexico revival, and new advances are...
View ArticleTaking a Deep Look at America’s Energy Status
If you want an objective view of energy, ask an economist, who can tell you what to expect to pay at the pump in the coming years, and why, as well as what to expect from medium- and long-term economic...
View ArticleAre Soaring Natural Gas Prices Helping the Economy?
Soaring production of natural gas from horizontal drilling and hydraulic fracking has pushed supplies to record highs in each of the past four years. This boom in natural gas and oil production...
View ArticleArguments Against Exporting Natural Gas Don’t Add Up
The energy policy topic of the week is whether to export more of America’s newly abundant natural gas. Like any good card-carrying economist, my instincts favor free trade. Other things being equal,...
View ArticleNatural Gas Stockpiles Grow as Domestic Energy Booms
Since the recession ended in 2009, the U.S. economy has grown 7.6 percent — a rate of expansion greater than that experienced by Britain, Japan, the euro zone, and many other advanced nations. While...
View ArticleThe U.S. Is Now the World’s Top Oil Producer
Andrew Burton/Getty Images It’s a headline that’s as attention-grabbing as it gets, and the proclamation itself is something many people probably never thought they’d see: America is the world’s...
View ArticleBig Oil’s Been Covering Up One of Fracking’s Destructive Secrets
Mladen Antonov/AFP/Getty Images Cheap and bountiful energy is integral to America’s future. As we’ve seen prices for fossil fuels plummet over the past year or so, a lot of it has to do with one of...
View ArticleWhy You’re Not Paying Nearly Enough for Fossil Fuel
Source: Thinkstock As you may have read and heard before, particularly here on The Cheat Sheet, the vast majority of Americans are getting off pretty easy on their energy bills. That is, we’re not...
View ArticleEnergy Companies Are Getting Their Fracking Asses Kicked
David McNew/Getty Images Americans are reaping the benefits of cheaper energy as of late, mostly in the form of inexpensive gasoline for their vehicles. While for most of us saving a fistful of cash...
View ArticleAmerica: The World’s Top Energy Producer?
Source: Getty Images Swing into your nearest 7-11, Citgo or Wawa and you’ll probably mistake the gas prices for something else. But it’s true, oil prices have dipped significantly, down to under $70...
View ArticleBoomtown: The State of U.S. Energy Production in 4 Charts
Photo by Mandel Ngan/AFP/Getty Images Energy is the backbone of the American economy. Without reliable, reasonably-priced sources of energy, economic systems the world over would eventually grind to a...
View ArticleGas Prices Are Falling, But Solar Energy Is Set to Take Over
Source: Thinkstock 2016 is going to be an incredibly pivotal year for a lot of reasons, and the future of clean, renewable energy in America is just one of them. Why 2016? That’s the year that the...
View Article10 States With the Highest Energy Prices
Source: Thinkstock Energy, as we all know, is the world’s most valuable resource. It’s traded, speculated upon, and bet on by Wall Street brokers, private enterprises, and legislators almost every...
View Article10 States With the Lowest Energy Prices
Source: http://www.flickr.com/photos/juggernautco/ One of the more complicated measurements in the entire economic structure is the price of energy. Energy itself is a nebulous commodity, and can come...
View ArticleWhat the Frack? OECD Argues That Natural Gas Is the Future
Source: http://www.flickr.com/photos/todbaker/ Energy policy is one of the more nuanced and important components of the American legislative system, and for decades, if not centuries, finding reliable...
View ArticleThe U.S. Is Now the World’s Top Oil Producer
Andrew Burton/Getty Images It’s a headline that’s as attention-grabbing as it gets, and the proclamation itself is something many people probably never thought they’d see: America is the world’s...
View Article