BloombergArctic Refuge Oil Bonanza More Likely to Be Bust for GOP BudgetBloombergThe idea of tapping the 19-million acre preserve for its potential oil bounty has long been debated in Washington, pitting energy industry advocates who see it as a way to rev …

CBS NewsOkla. schools make tough cuts amid oil slump, budget cutsCBS NewsBut critics say that's in part due to years of giving tax breaks to oil companies; Rates as low as one percent during the boom, while the going rate in North Dakota was 11.5 perce …

FuelFix (blog)US oil trades at $40FuelFix (blog)West Texas Intermediate oil has surged about 50 percent since slumping to a 12-year low last month on speculation a global surplus will ease. American shale output is falling and some of the world's bigge …

CNNMoneyCheap oil hits Middle East budgets: We can no longer 'provide for everything'CNNMoneyRobin Mills, CEO of oil consultancy Qamar Energy, said the move triggered a domino effect. "Once one country feels able to take the step of removing s …

Wall Street JournalOil Provision Not Expected to Derail Spending BillWall Street JournalWASHINGTON—House Democrats balked at a provision in a $1.15 trillion spending bill unveiled early Wednesday morning that would end a four-decade ban on oil exports, but …

Wall Street JournalOil Producing Countries Pummeled by $40 CrudeWall Street JournalThe fall of crude prices to six-year lows in recent weeks has pummeled oil-producing countries from Venezuela to Iraq, threatening their ability to keep pumping petroleum an …

The Globe and MailInvestors brace for ugly first-quarter oil resultsThe Globe and MailEnergy investors are dreading what they are about to see – the financial ravages of a full quarter of deeply depressed oil prices. First-quarter results in the oil patch …