Sam Waldman

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Suncor notes falling costs for workers as earnings plunge 81%

Costs are coming down and high-quality workers are easier to come by in Alberta's oilsands as actvity slows in response to lower world oil prices, …

Oil rig counts just hit a 5-year low

SAN FRANCISCO (MarketWatch) — The total number of active U.S. oil and natural-gas drilling rigs looks like it has fallen off a cliff.<p>As of Friday, …

Oil

Four reasons why any oil rallies won't last

As some traders try to identify the bottom in oil prices, Morgan Stanley warns that "small crude oil rallies can occur, but are likely limited and unsustainable."<p>Data from Baker Hughes last week showed that US oil rigs posted a weekly decline that was the most since the drilling company started …

Oil

The GOP Should Stop Lying About Obama’s Economy

For years Republicans have been spewing doomsday rhetoric, but the stock market is booming, the deficit shrinking, and the economy is adding lots of …