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Crude Oil Production

Should U.S. Lift Limits on Oil Exports? Depends Who You Ask

Daniel J. Graeber | Posted 07.30.2014 | Business
Daniel J. Graeber

Depending on whose talking, lifting the longstanding limits on U.S. crude exports would be a boon to the economy and a benefit to U.S. drivers, or it would increase U.S. reliance on imported oil and weaken America's foreign policy strategy.

Kate Sheppard

Senate Dems Introduce Longshot Bills To Tackle Keystone Pipeline Problems

HuffingtonPost.com | Kate Sheppard | Posted 03.13.2014 | Politics

WASHINGTON – Sen. Ed Markey (D-Mass.) introduced two bills on Thursday related to the proposed Keystone XL pipeline. The first would require any oil...

Kate Sheppard

Rand Paul Says U.S. Should Drill In 'Every Possible, Conceivable Place' To Address Ukraine Situation

HuffingtonPost.com | Kate Sheppard | Posted 03.10.2014 | Politics

WASHINGTON -- Sen. Rand Paul (R-Ky.) said Sunday that the situation in Ukraine should be an impetus to ramp up oil and gas drilling in the United Stat...

Kate Sheppard

Senators: Keystone Report 'Woefully Inadequate' In Gauging Health Risks

HuffingtonPost.com | Kate Sheppard | Posted 02.26.2014 | Politics

WASHINGTON -- Democratic Sens. Barbara Boxer (Calif.) and Sheldon Whitehouse (R.I.) are calling on the Obama administration to evaluate the potential ...

Kate Sheppard

Oil Industry Loves Plan To Lift Ban On Crude Exports

HuffingtonPost.com | Kate Sheppard | Posted 01.25.2014 | Politics

WASHINGTON -- The oil industry's leading trade group on Tuesday praised Alaska Sen. Lisa Murkowski's (R) call for a review of the country's effective ...

Kate Sheppard

Keystone XL's Climate Impact Would Be Enormous, According to Enviros

HuffingtonPost.com | Kate Sheppard | Posted 08.30.2013 | Green

WASHINGTON -- Further development of the Canadian tar sands will be a disaster for the climate, and the proposed Keystone XL pipeline is the "linchpin...

The Crude Oil Guessing Game: What's Really Driving Gasoline Prices Up?

Drew Hendricks | Posted 06.11.2013 | Green
Drew Hendricks

Many cite the U.S. economy and the decreasing value of the dollar as being reasons for the recent rise in gas prices. While this can influence the amount charged for gas in the long-term, this factor does little to explain the constant peaks and troughs.

If Oil Prices Continue Climbing, Count On Another Recession, Analysts Say

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

Yet another group of analysts have issued a grim warnings about the recent run-up in oil prices. In a letter to clients, analysts at Bank of Americ...

Oil Hits $80 A Barrel For First Time

AP | John Wilen | Posted 05.25.2011 | Business

Oil futures prices rose sharply Wednesday, briefly climbing above a record $80 a barrel after the government reported a surprisingly large drop in cru...