We owe it to our veterans to work toward oil independence
This is the week we show our respect and gratitude to veterans for their service to our country. But that sentiment doesn’t have to be reserved just for Veterans Day.
This is the week we show our respect and gratitude to veterans for their service to our country. But that sentiment doesn’t have to be reserved just for Veterans Day.
An oil spill in the Gulf of Mexico last week may be the largest in the U.S. since the 2010 blowout at BP Plc’s Macondo well that sank the Deepwater Horizon rig and killed 11 people.
“There’s a tension in oil and gas law between allowing private property owners to develop their mineral estates on their own and the state’s desire to ensure that ultimate recovery of oil and gas is maximized.”
Oil prices rose on Monday, fueled by jitters about a disruption in supplies after government forces in Iraq moved on the Kurdish-held city of Kirkuk and on oil installations seized by the Kurds in 2014.
This week some comments from OPEC Secretary General Mohammed Barkindo signaled that OPEC may not understand how the U.S. oil industry functions.
The company plans to reduce the number of Ford models but it did not say how many or which ones. And it intends to substantially ramp up its shift away from gas engines into electrification and connected cars, as well as autonomous cars.
U.S. oil output remains robust and may still surpass the record annual average of 9.6 million barrels a day, set in 1970. But companies, confronting technological, operational and financial obstacles, are starting to ease up on drilling.
After years of debate, the EPA has now announced it will study the possibility of reducing the amount of ethanol in the U.S. gasoline supply.
A federal judge has ordered the Interior Department to reinstate an Obama-era regulation aimed at restricting harmful methane emissions from oil and gas production on federal lands.
When President Trump made a speech a few weeks ago to kick off his push for an overhaul of the tax code, he chose a telling backdrop: An oil refinery in North Dakota, a state that over the past decade exploded from backwater to boom town thanks to a massive spike in oil production.