If you’ve ever winced at the gas pump or watched headlines about oil prices fluctuating wildly, you may have wondered: Should I be investing in oil? The truth is, oil remains one of the most powerful ...

A knee-high pipe sticking out of the ground not far from a school. A gurgle in a pond on rolling farmland. A patch of forest undergrowth hiding a long-forgotten, leaking oil well. Relics like these ...

Drilling for oil has been going on in the US for over 150 years. Across the country we have bored millions of holes in the ground to pump the liquid gold that has fueled the country's energy appetite.

Oil wells often dry up far earlier than predicted, leaving companies baffled about the “missing” reserves. A Penn State team tackled this puzzle by harnessing PSC’s Bridges-2 supercomputer, adding a ...

Full financial assurances from buyers for well clean-up costs have stalled all 37 proposed oil well sales in 2023. 41% of California's wells are idle or orphaned, with clean-up costs estimated at $2.8 ...

Local rules to phase out oil drilling have to be repealed so that new ones in line with state law can be enacted. But in the meantime, oil companies can operate much as they have for decades — and ...