Here We Go Again: Putin Threatens to Shut Off Ukraine's Gas

Russia’s latest threats to cut off natural gas supplies to Kiev are part and parcel of its growing push to force the West to back down in the battle for Ukraine.


Reefer Madness in the South China Sea

Breakneck construction on disputed atolls has China’s neighbors -- and the United States -- worried about just what Beijing is up to in the world’s watery flash point.


Game Change: U.S. Oil Revolution Has Torn Up the Rule Book

In a radically different oil market, says the International Energy Agency, the United States looks like the winner and Russia and other ailing petrostates the losers.


Shale Fail

The continent has tried to start its own shale energy revolution. But tricky geology, clumsy governments, and environmental protesters seem to have smothered it in the cradle.


The Senate Just Approved a Pipeline to Nowhere

The Keystone XL project passed the Senate, but is certain to be vetoed by President Obama.

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    January 2015 Issue Cover