Obama administration OKs oil exports to Mexico
The approvals -- which involve exchanges of U.S. oil for a similar amount of Mexican crude -- did not require any change in U.S. law. The administration also denied applications to exchange U.S. crude...
View ArticleRobert Menedez floats ‘strategic’ crude exports
Sen. Robert Menendez, D-N.J., has historically opposed oil exports, but on Tuesday, he floated the possibility of "strategic" crude sales to U.S. allies while a nuclear deal with Iran is renegotiated.
View ArticleGovernment report: Gasoline prices won’t climb if U.S. exports its oil
The EIA analysis also throws some cold water on the entire pro-export crusade, suggesting that widely selling U.S. crude abroad would do little to boost either domestic oil prices or production.
View ArticleFive options for getting crude export bill to president’s desk
Oil producers and their allies on Capitol Hill are mulling an array of strategies for getting legislation authorizing widespread crude exports onto the president's desk.
View ArticleSen. Pat Toomey seeks to shred biofuel mandates as part of oil exports bill
Before the Senate Banking Committee votes on legislation to lift the oil export ban on Thursday, the panel may consider whether to axe some U.S. biofuel mandates.
View ArticleSenate panel advances oil exports in near party-line vote, signalling trouble...
Although the Senate banking committee voted 13-9 to approve an oil exports bill, the panel debate on the measure illustrated hardening partisan division over the possible trade policy change.
View ArticleMoniz: Strategic Petroleum Reserve is too valuable to sell its stockpiles
Forty years after the U.S. created an emergency crude stockpile, it needs modernization to swiftly respond to oil supply disruptions, Energy Secretary Ernest Moniz told senators.
View ArticleSen. Lisa Murkowski asks Obama administration for details on oil swaps with...
Sen. Lisa Murkowski, R-Alaska, wants to know whether the "fanfare" over U.S. oil swaps with Mexico -- touted as approved in August -- was overblown.
View ArticleConocoPhillips wins drilling permit for project in Alaska’s petroleum reserve
The company first applied to produce oil from its Greater Mooses Tooth site in Alaska 13 years ago.
View ArticleStudy on Arctic port for drilling support ships put on hold
Shell's decision last month to halt offshore drilling in the Chukchi and Beaufort seas raised questions about the need for the port project aimed primarily at reducing travel costs for oil and gas...
View ArticleMurkowski’s energy bill set for senate debate
The legislation was introduced last summer by Sen. Lisa Murkowski, R-Alaska, chairman of the Senate Committee on Energy and Natural Resources, and Sen. Maria Cantwell, D-Washington.
View ArticleSenate blocks energy bill, as debate rages around Flint
The move throws into question a bill that sought to reform policies across the energy sector, from hydroelectric dams to home efficiency to defense against cyber attacks on the power grid.
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