US crude exports

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

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

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

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

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

By Valerie Volcovici WASHINGTON, May 23 (Reuters) – Recent meetings between U.S. oil producers and Commerce Department officials have fueled industry

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

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

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

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

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

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

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

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