Mexico drug gangs stand in way of shale bonanza

Posted: June 13, 2014 at 2:43 a.m.

Oil shale drillers in Texas have had to contend with environmental opposition and soaring costs. A few miles south of the border in Mexico, Angel Torrez and co-workers duck gunfire sprayed by drug traffickers.

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In this Feb. 10, 2011 file photo, American flags fly in front of the New York Stock Exchange, in New York. Asian stock markets fell for a second day Thursday June 12, 2014 and European shares drifted as a dimmer outlook for global growth this year gave investors a reason to lock in recent gains.

A combination of so-so economic news and violence in Iraq pushed the stock market sharply lower Thursday. Read »

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