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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.

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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.

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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