Tag: exports

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 »

Gulf Coast drives surge in U.S. exports of petroleum products

The United States is exporting more petroleum products, most of which is coming from the Gulf Coast.  More »

Ending oil export ban drawing more talk on Capitol Hill

The head of a Republican energy task force predicts the U.S. House of Representatives will advance legislation next year to relax a decades-old ban on exporting most U.S. crude.  More »

Ending ban on oil exports would mean cheaper gasoline, energy executive says

ConocoPhillips senior economist Helen Currie, citing a study by the energy consulting firm IHS Inc., said prices at the pump would fall by about 8 cents a gallon should crude exports be allowed.  More »

EIA 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 around the globe affects gasoline costs inside the United States.  More »

Judge rules against Dominion LNG in zoning dispute

A judge’s ruling could mean new delays for a proposed Maryland facility to liquefy and export natural gas.  More »
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