Oil companies are drilling on public land for the price of a cup of coffee ...Washington PostOne of the U.S. government's largest sources of non-tax revenue comes from the land it leases to oil, gas and coal companies. Last fiscal year, the federal gov …

FuelFix (blog)US Oil Rig Count Falls to 635 in Latest WeekWall Street JournalOil prices have traded in a tight range recently, with U.S. prices pivoting around the psychologically key $60-a-barrel level. Forecasts that the global glut of crude oil will shr …

FuelFix (blog)Oil layoffs reach 150000, recruiting firm saysFuelFix (blog)Swift said the layoffs are ubiquitous, impacting western oil producers, state-owned oil companies, oil field service firms, engineering and construction companies and manufacturers. …

CNNMoneyThe oil glut is getting even biggerCNNMoneyWorld oil prices have recovered 40% from their January low of below $45 a barrel, despite what the IEA described as the "lingering supply overhang." The Paris-based IEA said it expected global su …

Business InsiderWeak fundamentals are weighing on the oil marketBusiness InsiderSINGAPORE (Reuters) - Crude oil prices fell on Tuesday as slow economic growth and high supplies meant that markets remain oversupplied, although U.S. prices received some supp …

Fox NewsOpponents of Arctic oil drilling block entrances to Seattle portFox NewsMay 18, 2015: Protesters accompanied by Seattle police march at the Port of Seattle. Demonstrators opposed to Arctic oil drilling were showing opposition to a lease agreement b …

FuelFix (blog)US Oil Rig Count Falls to 660 in Latest WeekWall Street JournalThe U.S. oil-rig count fell by eight to 660 in the latest week, according to Baker Hughes Inc., marking the 23nd straight week of declines. The number of U.S. oil drilling rigs--a …

CNBCThis country wants to be the next oil-boom shockerCNBCMexico hopes to achieve its potential as a more important player on the world oil stage after years of underinvestment and decline. But industry officials say with the collapse in oil prices, it may …

The Seattle TimesLegislature needs to pass oil-train safety billThe Seattle TimesSTATE legislators have now spent 3-½ months debating competing bills to improve oil-train safety. During that time, four more trains carrying crude have derailed and caught fi …

The Fiscal TimesSaudi Arabia May Cause an Oil Price SpikeThe Fiscal TimesMore output will prolong the slump in oil prices, which will force even more U.S. shale production out of the market. The signs of success are already showing – the U.S. is set to los …