In its recently published medium-term review of the oil market, the International Energy Agency forecast that the U.S. will account for a third of new global oil supplies over the next five years, an...... (read more)

It's hard to argue the fact that Bakken has become a game-changer for U.S. oil production. While it was discovered in the 1950s the play wasn't economically viable until more recently. Since producers...... (read more)

What if I told you that you could own a stock whose oil production is up 107% year over year with a PE (TTM) of 14.8? What if I also told you that this stock's EPS is also slated to grow by over 34% this...... (read more)

The Bakken Shale – a vast formation underlying parts of North Dakota, Montana, and South Dakota – has taken the U.S. by storm. Counties in North Dakota that were previously as quiet as a graveyard...... (read more)

It's no secret that shale drilling has revolutionized America's energy landscape, helping boost domestic oil production last year to its highest level since 1998 and natural gas production to its highest...... (read more)

The United States Geological Survey recently reviewed earlier studies of the Bakken and Three Forks formations. Three Forks is below the Bakken formation and continued improvements in fracking are opening...... (read more)

Oil prices have moved around quite a bit of late, and the price of U.S. benchmark crude oil has even dipped below $90 a barrel. Lower oil prices are great for consumers, and they're one reason we might...... (read more)

I hate to break it to you, but growth generated though share buybacks won't last forever. That's the tough lesson that Exxon Mobil Corporation (NYSE:XOM) investors are learning these days. Shrinking production...... (read more)

Oil sands, often referred to as tar sands, are viscous mixtures of sand or clay, water, and a heavy substance known as bitumen. Due to bitumen's physical characteristics, extracting and processing oil...... (read more)