Tag: exports

US exporting a ‘tidal wave’ of gasoline, other fuels

U.S. refiners are sending a “tidal wave” of gasoline, diesel and other refined products onto the world market, taking advantage of the surge in domestic oil development that has helped drive Gulf Coast crude stockpiles to record levels, according to a new report.  More »

U.S. LNG Exports Could Ensure European Energy Security

The ongoing crisis in Ukraine is a flashpoint for European and American leaders to reinforce energy security in Europe and redouble efforts to decrease Europe’s dependence on Russian natural gas.  Russia provides nearly one-third of Europe’s annual natural gas demand which totaled 18.7 trillion cubic feet (Tcf) in 2013. Ukraine is also the major conduit […]  More »

Gas carousel making Spain Europe’s biggest gas exporter

Spain overtook Norway in March to become the region’s biggest exporter of liquefied natural gas, but the southern European nation has never produced any of the fuel.  More »

Houston fills with crude oil that can’t be shipped out

Houston and the rest of the U.S. Gulf Coast have more crude oil than the region can handle. Storage tanks are filling as new pipelines carry light, sweet oil found in shale formations to the coast and U.S. law keeps companies from moving it out.  More »

House panel advances plan to fast-track gas exports

A House panel on Wednesday approved legislation that would fast track U.S. natural gas exports, over objections the foreign sales would send domestic prices higher.  More »

Energy industry leaders clash over oil exports

Pocketbook issues are emerging as a major factor in the debate over exporting U.S. crude.  More »

US slashes net energy imports as refiners ship fuels overseas

The United States cut its net energy imports in 2013 to their lowest level in more than two decades, measured by energy content, according to the U.S. Energy Information Administration.  More »

Report: Condensate could be first crack in oil export ban

A simple tweak by the Commerce Department would allow the U.S. to begin selling ultra-light hydrocarbons overseas, a significant first step in easing the 39-year-old ban on crude exports, a new report says.  More »

Study: Gasoline prices will fall if US exports crude

The oil industry’s leading trade group on Monday cast exports of U.S. crude as an economic win for consumers, fighting against criticism that selling the fossil fuel overseas would mean higher prices at home.  More »

Lawmakers mull shaking up LNG export reviews

Key senators are pressuring the Energy Department to abandon its 2012 plan for processing applications to broadly export natural gas, insisting that the two-year-old approach does not do enough to prioritize projects that have secured financing, signed up customers and are close to winning other needed permits.  More »

Busy Houston port needs upgrades to maintain safety

The energy-led increase in congestion in the Houston Ship Channel highlights the need for more maintenance, dredging, high-tech navigation systems and other improvements to ensure safe travel through the narrow waterway.  More »

Want to hurt Russia? Oil exec suggests exporting crude

The quickest way for the United States to weaken Russia’s influence and help allies abroad is by exporting its crude oil — not its gas — Continental Resources CEO Harold Hamm told lawmakers on Wednesday.  More »
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