To William Nordhouse, the world is like a bathtub. The Yale University economics professor isn’t suggesting that our planet is awash in luxurious bubbles or afloat among rubber ducks. Instead, he uses the bathtub analogy to help people understand the integrated nature of the world oil

  If figuring out who would snap the Thanksgiving turkey wishbone sent your family into a skirmish last week, it was still probably nothing compared to the internal slug-fest that oil ministers from the Organization of Petroleum Exporting Countries (OPEC) waged when they met Thur

Booming employment… skyrocketing paychecks… a renaissance of American industry… The benefits of the US Shale Revolution are astounding. We’re not just talking about a couple dollars, and this isn’t only affecting individuals in the oil and gas industry. Canary’

The pressure on Washington to lift the ban on crude oil exports has steadily increased in recent months. With exports of refined petrochemical products like diesel, condensate, and liquefied natural gas (LNG) rising – and imports of crude oil falling – many industry experts say that t

If not exactly a nail in the coffin, the early years of the 21st century dealt a life-threatening blow to US manufacturing. Long a key traded sector in the American economy, industry simply seemed to hit a wall. Hobbled by overseas outfits that could do the same work with lower labor