Trump said the US will “run” the country until safe leadership is installed. That same day, Venezuela’s Supreme Court installed Delcy Rodriguez – who oversees the country’s state-run oil company, ...

At present, oil extraction in the United States sits at record levels of roughly 13.2 million barrels per day. No wonder oil is so expensive. Wait, what’s that you say? U.S. extraction at record ...

Explore the differences between shale oil and conventional oil, including extraction costs and methods, and how these impact ...

Colorado and Utah have as much oil as Saudi Arabia, Iran, Iraq, Venezuela, Nigeria, Kuwait, Libya, Angola, Algeria, Indonesia, Qatar and the United Arab Emirates combined. That's not science fiction.

Oil forms when organic material – the remains of living things – gets compressed and heated under layers of sediment. Some social media users are claiming this process occurs as quickly as the ...