Why Justin Trudeau should act immediately amid the oil carnageThe Globe and MailAnd those forecasts generally assume higher oil prices, rather than the sustained rout we're seeing now. Mr. Trudeau and his Liberals swept to power promising to act where, …

Globalnews.caCanadians not reaping 'full benefit' of oil plunge at the gas pump: BMOThe Globe and Mail“With last week's plunge in oil fresh in my mind as I headed into the weekend, I couldn't help but notice how gasoline prices had ticked h …

Proposed Oil Refinery Could Help Washington State Meet Clean Fuel StandardsNPRThe push for cleaner fuels in Oregon and Washington could bring the region more crude oil and a new refinery along the Columbia River. It would be the first refinery on the West …

Oil spills from Petrobras pipeline into Brazil coastal areaYahoo NewsThe oil spilled from a 40-inch (1.01-meter) diameter ORBIG pipeline that runs 123 kilometers (76 miles) from Angra dos Reis, where the company unloads some of its largest tankers, to the …

Minneapolis Star TribuneND oil rig count drops again as price for crude remains weakMinneapolis Star TribuneThe count of rigs, mostly targeting oil and gas in shale layers, stands at 79, a drop of 21 since March, and the lowest since December 2009, near th …

Business InsiderHelicopter makers upbeat on market despite oil-led slumpBusiness InsiderPARIS (Reuters) - Top U.S. and European helicopter executives said this week that the oil price-led commercial helicopter market slump would be temporary and that they …

Leap in gas prices goes 'way beyond' rise in oilThe Globe and MailThe recent jump at the gas pump has far outpaced that of oil. Just in time for a summer driving holiday. Gas prices have recently topped $1.20 a litre in Canada and $2.80 (U.S.) sout …

WVTFBattle Over New Oil Train Standards Pits Safety Against CostWVTFThe railroads, oil producers and shippers say some of the new safety requirements are unproven and too costly, yet some safety advocates and environmental groups say the regulations aren&# …

MarketWatchTrader who called oil's rout sees crude below $40MarketWatchNEW YORK (MarketWatch)—Investors and traders looking for the oil rout to give way to a V-shaped recovery are likely to be painfully disappointed, said a hedge-fund manager who made …

Big Oil's business model is brokenGristMany reasons have been provided for the dramatic plunge in the price of oil to about $60 per barrel (nearly half of what it was a year ago): slowing demand due to global economic stagnation; overproduction at shal …