Energy

The International Atomic Energy Agency has announced that Iran has shrunk its nuclear program enough to have sanctions lifted. From banking to pistachios, here's a look at what will happen next.

On Friday, the Obama administration announced a halt to new coal leases on federal land. In Wyoming, most of the federally-owned coal mines and revenue from coal leases pays for school construction.

SoCalGas wrote about two air samples with high levels of the carcinogen — but not about 12 others, the AP reports. And the LA Times writes that efforts to cap the well appear to have destabilized it.

The change won't affect existing leases, which generated nearly $1.3 billion for the federal government's coal program last year.

Two years ago, in January 2013, oil was about $100 dollars a barrel. At that time, towns near new oil fields expanded rapidly, filling up with workers and overflowing revenue. But how are those towns doing now that oil is worth about half what it was then? The Planet Money team checks in with oil workers and residents in Williston, N.D.