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Chill Out, Arctic Oil Is Still a Long Way Off

Obama's decision to open Alaskan waters to oil drilling infuriated environmental groups, but low prices and high costs could push back operations for years.

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China Tops U.S. as Biggest Oil Importer

But Beijing’s big and growing reliance on energy from the Middle East leaves China vulnerable to regional strife and worries over sea lane security.

Observation Deck

Inside Turkey's Reckless Gas Game with Russia

Europe hoped Turkey could help the continent wean itself off Russian fuel. But Ankara might have other plans.

Report

Why Cheap Oil Is Bad News for U.S. Gas-Export Hopes

Plentiful supplies of crude, fueled in part by the U.S. boom, undermine the case for shipping liquefied natural gas overseas.

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    March 2015 Issue Cover