Economics

Everyone Can Stop Freaking Out About Gas Prices

April 10, 2013   ·   0 Comments

The year began with a gasoline price rally that had some economists freaked out that the American consumer would get crushed. However, those prices quietly ...

GE Just Acquired A 100-Year-Old Oil Company That Supports An Entire Region In Texas (LUFK, GE)

This morning, GE announced it had acquired oil pump maker Lufkin Industries for $3.3 billion.  It’s a good sign for America’s shale boom — as GE ...

New Photos From Arkansas Oil Spill Show The Full Extent Of The Damage

The cleanup continues after an ExxonMobil pipeline carrying crude from Alberta’s tar sands ruptured in Mayflower, Arkansas, last week.  New photos from the EPA show ...

What Every Couple Should Learn From Oil Baron Harold Hamm’s Record-Breaking Divorce

Billionaire oil baron Harold Hamm’s pending divorce from his wife, Sue Ann, is expected to go down as the costliest divorce settlement of all time. ...

Unreal Video Of Pipeline Burst Spilling Oil Along The Streets Of A Town In Arkansas

On Friday, an Exxon-owned oil pipeline malfunctioned, causing thousands of gallons of crude to spill through the town of Mayflower, Ark. Via AllThingsD, here’s an ...

Oil Tanker Crashes Into Bridge Connecting Maine And New Hampshire

A tanker carrying tallow oil crashed into a bridge linking Portsmouth, New Hampshire and Kittery, Maine, the AP reports.  There are no signs of a ...

The Trauma Of Gastric Bypass May Not Be Necessary For Massive Weight Loss

Significant changes to the bacteria that live in our guts may be partially behind the rapid weight-loss success of patients who undergo gastric bypass surgery, ...

Where Farming Is Headed, We Don’t Need Soil

The concept of vertical farm “skyscrapers” was first imagined a little over a decade ago by Columbia University professor Dickson Despommier. Growing up — not out ...

Florida Gulf Coast’s Miracle Run Is Hurting Vegas Bookies

Florida Gulf Coast, the fun-loving team blowing up NCAA Tournament brackets everywhere, is also taking its toll on Vegas. The LVH SuperBook took a $10 ...

American Natural Gas Will Be Heating 2 Million British Homes Within Five Years

Nearly 2m homes in the UK will be heated by shale gas from the US within five years, under a deal agreed on Monday that ...

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