The expansion has boosted U.S. exports and brought down energy costs here at home.

CERAWeek in Houston has shown that despite agreements to transition away fossil fuels, oil and gas are still deeply entrenched.

New, more productive technology helped, along with pressure for profits.

Publicly held Diamondback Energy is buying privately held oil driller Endeavor Energy Resources, creating a company worth $50 billion.

The two-week United Nations summit on climate change will kick off on Nov. 30 and take place in Dubai this year.

Fifty years ago this fall, Arab members of OPEC cut off their oil exports to the United States.

Last year’s price spike was largely the result of a shortage of refining capacity.

The economies of China, the U.S. and Europe will all be affected by the cartel’s move to boost energy prices.

Dated Brent, used to set the price of most of the world’s oil, will include supplies from Texas for the first time.

Trouble in the banking sector is scrambling expectations of how much oil the global economy needs right now.