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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.

Report

Don’t Look Now, but Oil Prices Are Rising

Crude’s six-month lemming plunge seems to have ended. But the factors that caused it in the first place haven’t gone away.

Argument

In Uganda, It’s Bust Before Boom

Uganda picked the wrong time to mortgage its future to oil.

Feature

Welcome to the New FP

Welcome to a fresher, sharper FP — a new generation of the print magazine to match an ever-changing, more interconnected world.

Transitions

Venezuela’s Magic Number

Venezuela's bizarre system of currency controls makes no economic sense. Yet President Nicolás Maduro is determined to keep it.

Report

Cheap Oil Drives Calls for Gas-Tax Hike

But the bigger struggle will be to leverage that breathing room into political support for a broader carbon tax.

The Cable

Keystone Ruling Sets Up Showdown Between White House and Congress

The controversial Keystone pipeline had been in legal limbo, giving Obama a way out of a six-year headache. But a Nebraska court has thrown that hot potato right back in his lap.

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    January 2015 Issue Cover