Tag: exports

Oil producers lobby against export vote

U.S. oil producers are warning against an amendment aimed at blocking the export of Canadian crude transported by Keystone XL.  More »

Report: Crude exports would boost production, lower gas prices

This is the first report to examine the issue in light of the recent decline in oil prices, now slashed to less than half their June 2014 high.  More »

Poll: Republicans clash with voters on oil industry priorities

A new survey shows likely voters favor more renewable energy and slashing U.S. dependence on foreign oil — not the Keystone XL pipeline and crude exports.  More »

Cruz to push crude exports

Sen. Ted Cruz is set to offer a proposal to lift the 40-year-old crude export ban, despite skepticism from both critics and supporters of the trade restrictions.  More »

Shrinking foreign oil bill sends US trade deficit lower

Economists predict that the oil market will continue to reduce the U.S. trade deficit and potentially bolster the overall economy.  More »

Feds offer guidance to would-be oil exporters

Oil processed in distillation towers is broadly okay for export, according to the new guidance document from the Commerce Department. But oils that are simply run through heater treaters are still ensnared by the 39-year-old ban on crude exports.  More »

Texas congressman introduces bill to end export ban

A top House Republican is introducing legislation to end the nation’s longstanding ban on crude exports, as the oil industry campaigns for the freedom to sell the fossil fuel around the world.  More »

Oil price drop boosts argument for crude exports

Oil prices have fallen roughly 35 percent since June, with surging U.S. crude production helping boost supply beyond softening demand worldwide.  More »

EIA 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.  More »

Feds 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 nation’s capital.  More »

GOP takeover of Senate puts crude export fan in key role

Crude export advocate Lisa Murkowski is set to take over the Senate energy committee.  More »

Oil producers unite to lobby for crude exports

Fourteen of the nation’s largest independent oil companies are banding together to lobby for the right to export crude around the world. It’s a sign the industry is revving up for a big, coordinated push to dismantle those trade restrictions next year.  More »

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 »
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