Lucas Oil stabilizer to be made in North Carolina

Lucas Oil is making the largest amount of stabilizers for the U.S. oil industry.The company said Wednesday it will be the first to make the product in North Carolinians as well as the second state to produce it.The announcement came a day after Lucas Oil announced that it had secured a $1.3 billion loan to […]

When the oil price is the only thing holding you back from making a dent in the global oil glut

A new survey by Bloomberg News and the International Monetary Fund found that for most Indians, the biggest problem facing the economy is not the oil glut but the lack of access to safe, affordable and affordable fuel.The survey, conducted by the Indian Institute of Development Studies (IIDS), asked respondents, “How much do you believe […]