The U.S. trade deficit plummeted in February to its lowest level in five years as the West Coast labor disputes contributed to depressed imports and exports, and a stronger dollar hindered the global competitiveness of domestic goods. The deficit narrowed by $7.2 billion to $35.4 billion, a 17% decrease from […]
Investors, efficient drilling technologies, and diminishing crude production are keeping the U.S. shale industry afloat. After a precipitous decline in oil over the last six months, the U.S. is still a winner with cheap oil. Despite forecasts of a slowdown, shale production is able to sustain itself. The number of […]