Tuesday, July 22, 2014
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Maritime News

Portland, Maine Bans Oil Loading as Canada Seeks Export Options

City councilors in South Portland, Maine, voted late Monday night to ban the loading of crude oil onto tankers along its waterfront...

July 22, 2014
Total Views: 0

Friday, July 18, 2014

Ban on U.S. Oil Exports Seen Dying One Ruling at a Time

The four-decade-old ban on most crude exports from the U.S., now the world’s largest producer, will be weakened bit by bit as government rulings allow exceptions, say energy analysts including IHS Inc.

July 18, 2014
Total Views: 0

Wednesday, July 16, 2014
united states capitol night washington
Maritime News

U.S. Ban on Oil Exports Won’t Be Lifted This Year, Lawmaker Says

By Lynn Doan July 16 (Bloomberg) — A four-decade-old ban on crude exports from the U.S. will survive another year, the chairman of the U.S. House’s Energy and Commerce Committee...

July 16, 2014
Total Views: 0

Tuesday, July 15, 2014
tanker crude terminal
Maritime News

U.S. Condensate Producers Seen Jumping on Export Bandwagon

Enterprise Products Partners LP and Pioneer Natural Resources Co., two of the first fuel suppliers to win approval to send U.S. condensates abroad, may be about to get some company.

July 15, 2014
Total Views: 1

Thursday, July 10, 2014
loop Louisiana Offshore Oil Port
News

Shale Seen Shifting Flows at America’s Biggest Oil Port

With U.S. domestic production at a 28-year high, the Louisiana Offshore Oil Port's managers are thinking the previously unthinkable: sending North American oil out.

July 10, 2014
Total Views: 2

Monday, June 30, 2014
eagle sydney tanker aet
Maritime News

Exports of U.S. Condensate Reflect Evolution, Not Revolution, in Crude Export Regulation

On June 24, 2014, various news sources reported that the Department of Commerce (“DOC”) had allowed two companies to export processed condensate, suggesting a breakthrough in the 40-year ban on...

June 30, 2014
Total Views: 1

Wednesday, June 25, 2014
Maritime News

Obama Administration Seen Widening Exports for Shale Oil

The U.S. Commerce Department opened the door to more U.S. oil exports as long as the crude is lightly processed, tempering the impact of a law that’s banned most overseas petroleum shipments for the past four decades.

June 25, 2014
Total Views: 0

Wednesday, June 11, 2014
houston refinery oil gas rob almeida
Maritime News

Build a Refinery and You May Answer the U.S. Crude Export Question

Crude oil production is up 64 percent since 2008 and currently stands at 8.2 million barrels per day, noted Daniel Yergin, Vice Chairman of IHS at a CSIS panel yesterday in Washington,...

June 11, 2014
Total Views: 1

Thursday, May 29, 2014
crude oil exports eia
News

US Crude Exports Hit 15 Year High

The U.S. Energy Information Association reports today crude oil exports from the U.S. reached 246,000 barrels per day (bbl/d) of crude oil in March 2014 representing the highest level of...

May 29, 2014
Total Views: 0

daniel yergin
Maritime News

Daniel Yergin – Crude Oil Export Ban is a “Remnant from Another Time”

By Heesu Lee May 29 (Bloomberg) — The U.S. will benefit from increased oil production and lower gasoline prices if the government lifts restrictions on crude exports, according to IHS...

May 29, 2014
Total Views: 1

Friday, May 23, 2014
noble express tanker
News

US Crude Exports – Four Important Considerations

1) US refiners are slowing down? Not exactly. In a Reuters report today, Valero was quoted in late April as saying, “it had reduced operations at two refineries that were unable...

May 23, 2014
Total Views: 0

houston refinery oil gas rob almeida
News

Drillers Hopeful U.S. Will Ease Crude Oil Export Ban

By Valerie Volcovici WASHINGTON, May 23 (Reuters) – Recent meetings between U.S. oil producers and Commerce Department officials have fueled industry hopes that the Obama administration may soon begin to...

May 23, 2014
Total Views: 2

Wednesday, April 23, 2014
News

Shale Boom Sends U.S. Crude Supplies to Highest Since 1930s

The U.S. is stockpiling the most crude since the Great Depression, thanks to the shale boom that has boosted production to the most in 26 years.

April 23, 2014
Total Views: 0

Thursday, April 10, 2014
u.s. flagged tanker
Maritime News

U.S. Gulf Coast Piling Up With Crude Oil

Houston and the rest of the U.S. Gulf Coast have more crude oil than the region can handle.

April 10, 2014
Total Views: 0

Wednesday, March 26, 2014
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Maritime News

Lifting U.S. Crude Export Ban Would Help Counter Russia Says Oil CEO

By Timothy Gardner WASHINGTON, March 26 (Reuters) – Lifting the 40-year ban on U.S. crude exports is the fastest way the American drilling boom could be used to bolster energy...

March 26, 2014
Total Views: 0

Monday, March 24, 2014
OSG tug barge delaware bay
Maritime News

U.S. Crude Exports Could Hurt Jones Act Shippers

In early January, Alaska Senator Lisa Murkowski announced her support to help end the prohibition of crude exports from the United States. “We need to act before the crude oil export...

March 24, 2014
Total Views: 0

Monday, March 3, 2014
white house front lawn american flags
Maritime News

U.S. Oil Export Ban Could Be Lifted Piecemeal

By John Kemp LONDON, March 3 (Reuters) – The White House could lift the ban on U.S. oil exports in stages, according to an analysis of past presidential decisions prepared...

March 3, 2014
Total Views: 0

Tuesday, February 11, 2014
mary landrieu
News

Drillers Seen Gaining From Oil-State Senators Atop Committee

They’re senior senators from two of the nation’s top oil-producing states, longtime friends who are about to begin a partnership that has environmentalists uneasy and industry lobbyists counting on a shift in energy policy.

February 11, 2014
Total Views: 0

Wednesday, January 29, 2014
refinery phillips 66
Maritime News

Cheaper Crude And Fuel Exports Help U.S. Refiners’ Profits

By Kristen Hays and Anna Driver HOUSTON, Jan 29 (Reuters) – Marathon Petroleum Corp, Valero Energy Corp and Phillips 66, the three largest U.S. independent refiners, reported quarterly results on...

January 29, 2014
Total Views: 0

Tuesday, January 28, 2014
Lisa Murkowski brookings
Maritime News

Cheaper Gasoline Hurts ExxonMobil’s Plea for U.S. Crude Exports

ExxonMobil Corp.’s push to export U.S. oil overseas is facing a new obstacle: falling gasoline prices.

January 28, 2014
Total Views: 1