The USGS found 1.6 billion barrels of new oil reserves in the Permian Basin. But the ‘massive' discovery presents new ...

A recent U.S. Geological Survey assessment of previously undiscovered gas and oil in Texas' Permian Basin has found that there are enough resources there to fuel the entire nation for months.

Today, science can narrow down potential oil reserves with surprising accuracy — especially when it comes to shale oil, found embedded within sedimentary rock. By studying sediments in China's Sichuan ...

Subtle shifts in Earth's orbit shaped ancient lake climates — and where oil-rich shale formed as a result. When you purchase through links on our site, we may earn an affiliate commission. Here’s how ...