Trade lawyer: Feds’ rulings won’t unleash flood of oil exports
The secret government rulings that gave two Texas companies confidence they could export a slightly distilled ultra-light oil will not open the floodgates for that condensate to flow overseas, a top...
View ArticleLogistics exec says rail trumps pipelines
Because trains offer flexibility that fixed pipelines can't match, the trend of moving oil by rail is here to stay, an energy executive told industry leaders and analysts Monday.
View ArticleComing soon to a country near you: The US frac phenomenon
The United States' monopoly on pulling oil and gas out of ultra-dense rock formations is ending, as companies aim to replicate the success in other countries, energy analysts said Tuesday.
View ArticleEnhanced oil recovery techniques limited in shale
Energy companies currently leave about 95 percent of the crude in the ground at today's unconventional oil wells, but they face major technological challenges in boosting recovery rates, a Schlumberger...
View ArticleEIA to cast new data into oil export debate
The U.S. Energy Information Administration is on track next month to issue two highly anticipated reports that will shape the debate over exporting crude, including an analysis of how the price of oil...
View ArticleBarton: Time to lift crude export ban
Rep. Joe Barton is now convinced: U.S. oil producers should be able to freely sell their crude overseas.
View ArticleCondensate export numbers trickle out
New government data about crude exports includes information about the first-known U.S. exports of lightly treated condensate, but the real details are hidden from view.
View ArticleTexas uses the most electricity, burns nearly the most fuel
Texas has been the biggest user of motor fuel and residential electricity so far in 2014.
View ArticleGovernment lags in measuring gush of U.S. crude
The federal Energy Information Administration relies on state agencies for data about oil production, sometimes two years late. For natural gas, the EIA is collecting data from an outdated survey of...
View ArticleWho sets gas prices? Look to London, not US, report says
The government's top energy analysts weighed into the debate on exporting crude Thursday, releasing a study asserting that the cost of gasoline inside the United States is closely tied to the price of...
View ArticleFeds to beef up oil & gas data amid drilling surge
The federal government will soon begin collecting more information about the amount of oil and gas pouring out of wells across the United States, with the data likely to drive policy debates in the...
View ArticleEIA tool gives closer look at oil imports
U.S. oil imports have declined steadily over the past four years, as refiners replace foreign light, sweet crude with domestic supplies, according to the Energy Information Administration.
View ArticleNature article questions natural gas optimism
The report highlights conflicting estimates about the long-term viability of increasing natural gas production, and warns that acting on the assumption natural gas will always be cheap may not be ideal.
View ArticleBrent crude drops below $65 as OPEC sees less demand
Brent has collapsed 17 percent in London since Nov. 26, the day before OPEC agreed to leave its production limit unchanged at 30 million barrels a day, resisting calls from members including Venezuela...
View ArticleOil advances as funds wager on rally
Oil has slumped about 21 percent since OPEC decided to maintain its production target at a Nov. 27 meeting even as the U.S. pumps crude at a record pace.
View ArticleOklahoma to increase wind-generated power
Data from the U.S. Energy Information Administration says developers are planning to increase wind power capacity with projects primarily in Oklahoma, Illinois, Iowa, Minnesota and Texas.
View ArticleOil extends drop as U.S. stockpiles seen rising
West Texas Intermediate for February delivery dropped $2.11, or 4.2 percent, to $47.93 a barrel.
View ArticleOil drops below $45; U.S. stockpiles may speed collapse
Goldman Sachs Group Inc. said crude needs to drop to $40 a barrel to “re-balance” the market, while Societe Generale SA also reduced its price forecasts.
View Article
