Hitting the Islamic State’s Oil Isn’t Enough

Washington is bombing tankers and refineries to keep the terrorist group from profiting from its stolen oil. But oil isn’t the group’s biggest source of money.

The Cable

Citing Climate Change, Obama Shoots Down Keystone at Last

Just weeks ahead of the big Paris climate summit, the Obama administration put paid to a 7-year saga by rejecting the controversial pipeline from Canada.


New York Investigates Exxon’s Climate Skepticism

Exxon and other energy companies are in the crosshairs of prosecutors who accuse them of deliberately downplaying the risks posed by climate change.


The Battle for Libya’s Only Resource

Libya’s oil could help knit the country back together — or tear it apart for good.


Controversial Keystone Pipeline Could Be Next President’s Problem

The company slated to build the Keystone XL pipeline is giving the administration a gift by delaying its request for a decision until Obama leaves office.


The Reports of Saudi Arabia’s Death Have Been Greatly Exaggerated

The kingdom’s economy isn’t teetering on collapse; in fact, it’s healthier than it has been in decades.


China Gut Punches the Global Oil Market

The Chinese economy is growing at its slowest pace since the financial crisis. That could be bad news for oil producers who gambled on China's unquenchable thirst for oil.


The Promise and Peril of Cheap Oil

Everyone likes $2 gasoline. But what if it's bad for the long-term growth of the U.S. economy — and for global stability?

Shadow Government

It’s Time for the United States to Start Worrying About a Saudi Collapse

Facing a rising tide of problems from the outside and in, the kingdom is in trouble. Will America come to the rescue?

The Cable

U.S. Mulls Lifting Oil Export Ban, but a Tough Sell on the Hill

Congress keeps trying to lift the 40-year-old ban on crude exports. Politics keeps getting in the way.

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    March 2015 Issue Cover