oil industry

Al-Qaeda Still Making Big Money from Yemen Oil

Al-Qaeda has suffered some battlefield setbacks in chaotic Yemen, but the terror organization still controls highly profitable oil fields in the southern regions of the country and has been taking advantage of fuel shortages to reap huge profits.

Forces loyal to the Saudi-backed Yemeni president cheer on a road in Abyan province as they take part in an operation to drive Al-Qaeda fighters out of the southern provincial capital, on April 23, 2016

Fracking Productivity Doubling Every Two Years

From fewer than 50 barrels a day in 2009 to 400 barrels today, fracking technology has advanced at a pace that has doubled oil well production every 2 years. That pace of productivity improvement is almost identical to the computer industry’s Moore’s Law, which expects the speed of processing chip to double every 2 years.

Fracking (David McNew / Getty)