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Alberta eyes oil slump, but retains optimism over U.S. peers

Oil Rig

Sector players are relatively upbeat despite current market turmoil caused by U.S. President Donald Trump’s constantly fluctuating trade war

History Today: The deadly Deepwater Horizon blast that led to a massive oil spill

Oil Rig

On April 20, 2010, the Deepwater Horizon oil rig, drilling at the Macondo Prospect in the Gulf of Mexico, exploded and later sank. It would go on to become the largest marine oil spill in history. Also, on this day in 1999, a shooting at Columbine High School in Colorado left 14 people dead, including the two teenage gunmen. It remains one of the deadliest school shootings in the United States

The number of active oil and natural gas drilling rigs in the United States rose by two this week and 267, or 54%, in the past year, an increase that comes even as oil demand — and, by extension, gas prices — has abated slightly since last month.

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