NEWS
Oil Windfall Jolts U.S. Economy
Marcia Zarley Taylor DTN Executive Editor
Mon Jan 27, 2014 12:42 PM CST

DES MOINES (DTN) -- The U.S. shale oil boom is providing a major jolt to restart the nation's economy, but the energy windfall is not without cost, speakers at the Iowa Land Investment Expo told attendees Friday.

"Getting off enemy oil" may be one of the most important transformations for U.S. national security and economic prosperity, keynote speaker T. Boone Pickens said, adding that the magnitude of shale oil and gas production the last five years has surprised even a veteran 85-year-old oil and gas billionaire like him.

The United States has already slashed its oil imports from 60% to ...

Quick View
  • Crop Tech Corner Researchers have developed GE wheat that yields far better under hot conditions, a wheat gene is ...
  • The Attraction of Youth Combine genotyping with a yearling bull, or even a weanling, and you're less likely to make a poo...
  • Kubota Steps Up A new mid-range, high-horsepower M7 tractor moves this company into the row-crop arena.
  • Fines for Fringe Benefits A little-noticed rule in the Affordable Care Act could impose huge penalties on small business. I...
  • Clean Water Goes a Long Way Cleaning up 900 feet of a small creek in Kentucky brings rebirth to water once choked with sedime...
  • Beef Checkoff Effort Resumes Members of the eight organizations comprising the Beef Checkoff Enhancement Working Group were se...
  • Ag and Environment Outlook Agriculture continues to watch how the U.S. Environmental Protection Agency implements the propos...
  • Surgery on Plastics Dharma Kodali's goal is to insert soybean oil in the basic ingredient list for PVC plastics.
  • Ask the Vet How should I treat a cow with a swelling on her flank?
Related News Stories
MN Governor Waives Transport Rules