Tag: exports

Federal agency says oil exports would lower pump prices

Ending the United States’ longstanding ban against most crude exports could lift oil prices inside the country while decreasing the cost of gasoline, according to a Government Accountability Office report released Monday.  More »

Report: Oil exports could drive manufacturing renaissance

Allowing oil companies to sell crude overseas could result in tens of thousands of new jobs at home, a new paper says of the United States’ longstanding crude export ban.  More »

Exec sees Texas condensate exports soaring

Texas could be exporting 1 million barrels per day of an ultra-light oil known as condensate if oil companies have their way.  More »

Kinder Morgan to expand Houston docks and storage

Kinder Morgan plans a quarter-billion-dollar expansion of its Houston Ship Channel storage and shipping complex.  More »

Cheniere considers condensate export facility near Corpus Christi

The Houston-based company is negotiating to buy 552 acres in an industrial site along the La Quinta Ship Channel for a condensate storage and shipping project which could cost between $400 and $600 million.  More »

Condensate 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.  More »

Dominion Natural Gas exports plan gets federal OK

In its decision, the Federal Energy Regulatory Commission concluded that the project would minimize potential adverse impacts on landowners and the environment.  More »

Report: U.S. crude could fall $30 below international prices without exports

The going rate for a barrel of oil in the U.S. could tumble $30 below international benchmarks in the coming decades if U.S. policymakers don’t reverse a ban on exporting crude oil, according to a report by analyst group Wood Mackenzie.  More »

Suncor looks east to find buyers for Western Canada crude

Suncor Energy Inc., the largest Canadian oil company by market capitalization, loaded its first tanker of heavy crude out of Canada’s eastern coast this week  More »

Condensate production booming, but fight over definition limiting exports, EIA official says

The director of the U.S. Energy Information Administration said that U.S. production of condensate, a light oil separated from natural gas, has never been higher. But a fight over the substance has kept exports low.  More »

Medlock: Without oil exports, drilling rigs could flee U.S.

It will take a “train wreck” of falling prices, declining oil production and idle drilling rigs before the United States lifts its longstanding ban on exporting crude, Rice University economist Kenneth Medlock predicted Wednesday.  More »

Gas price fears factor into oil export debate

A new survey ordered up by refiners fighting to preserve the oil export ban suggests voters are wary of selling crude overseas while the United States still relies on foreign supplies and as gasoline prices hang in the balance.  More »
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