Fracking Foes Force Some Oil Drillers to Tread Lightly

A fight over fracking is looming in Texas. Another stand-off is shaping up in Colorado. Yet drillers’ reactions couldn’t be more different. In Texas, drillers are doing their noisy in-your-face fracking as usual.

U.S. Energy Rigs Gain Four to 1,742, Baker Hughes Says

Rigs targeting oil and natural gas in the U.S. increased by four this week to 1,742, according to Baker Hughes Inc. (BHI) Oil rigs rose by 19 to 1,376, data posted on the company’s website show.

Oil drilling technology leaps, clean energy lags

NEW YORK (AP) — Technology created an energy revolution over the past decade — just not the one we expected. By now, cars were supposed to be running on fuel made from plant waste or algae — or powered by hydrogen or cheap batteries that burned nothing at all.

Analysis: Shale energy boom dangles prospect of leap in economic growth

WASHINGTON (Reuters) - America's reliance on fuel imports has sucked vigor from its economy for decades. Now an oil and natural gas boom holds out the prospect for a new era of stronger U.S. economic growth.

Gulf deep drilling thrives, 18 month after BP spill

ALAMINOS CANYON, Gulf Of Mexico – Two hundred miles off the coast of Texas, ribbons of pipe are reaching for oil and natural gas deeper below the ocean's surface than ever before.