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DELLWOOD, MO - JANUARY 20: A gas station advertises gasoline for $1.68 a gallon on January 20, 2015 in Dellwood, Missouri. (Photo by Scott Olson/Getty Images)
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Why many experts missed this – Cheap oil can hurt US economy

If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy.

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oil barrels
Andrey Korobov, ThinkStock
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NJ considering crude oil disclosure

For more than a month now, railroads have been required to notify a state's emergency officials when massive amounts of a certain crude oil would be transported within their borders. However, it's up to each state whether they share that information with the public, and New Jersey remains undecided.

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Category: New Jersey News, News Tags: ,
Worker turning valves at gas drilling site. (Lester Lefkowitz, Getty Images)
Worker turning valves at gas drilling site. (Lester Lefkowitz, Getty Images)
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US Fails to Inspect Higher Risk Oil Wells

The government has failed to inspect thousands of oil and gas wells it considers potentially high risks for water contamination and other environmental damage, congressional investigators say.

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U.S. Headed for Domestic Oil Only? [AUDIO]

Complete oil independence doesn't seem too far-fetched for the United States, which saw its crude oil imports fall by 9 percent in 2013, according to the Census Bureau.

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Fracking
Spencer Platt, Getty Images
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U.S. Poised to Become World’s Largest Oil Producer [AUDIO]

Domestic oil production continues advancing to the point that we are poised to overtake Saudi Arabia as the king of crude.

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Gas Prices
Justin Sullivan, Getty Images
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Oil Up Further Above $107 a Barrel on Egypt Crisis

The price of oil climbed higher above $107 a barrel on Friday amid fears of potential supply disruptions as violence in Egypt continued to spiral.

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Category: TS nat, TS net Tags: , ,
oil truck
Hartman Oil
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State Inspects Home Heating Oil Trucks

 Consumer Affairs officials want to be sure New Jerseyans get what they pay for when it comes to home heating oil.

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Category: TS net, TS nj Tags: ,
Mario Tama, Getty Images
Mario Tama, Getty Images
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U.S. Could Become World’s Top Oil Producer Soon [AUDIO]

The United States could surpass Saudi Arabia as the world's number one oil producer within the decade.

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Category: Nation & World, News Tags: , ,
Oil Refinery
Jessica Kourkounis, Getty Images
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Could U.S. Become World’s Top Oil Producer?

U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer.

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Category: TS nat Tags: ,
fracking-300x2002
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NJ Senate Approves Fracking Byproduct Ban

Lawmakers have approved a bill prohibiting hydraulic fracturing byproducts created in other states from entering New Jersey.

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