Oil tanker laden with North Dakota crude reaches Netherlands
It's the first such overseas shipment of the state's oil since Congress lifted a 40-year ban on crude export in December.
It's the first such overseas shipment of the state's oil since Congress lifted a 40-year ban on crude export in December.
LNG coming out of the U.S. is probably the single most important thing that will transform the future LNG market... It heralds the arrival of a global market.
The U.S. Energy Information Administration forecasts that U.S. drivers will pay an average of $2.04 per gallon this summer for regular gasoline: 59 cents/gal lower than the average price last summer, and it would be the lowest average summer price since 2004.
Seventy-seven percent of registered voters are concerned that breaching the ethanol blend wall could drive up the cost of gasoline for consumers and reduce the nation's fuel supply (85 percent of Republicans, 75 percent of Democrats and 71 percent of Independents), according to a new poll of registered voters conducted by Harris Poll on behalf of API.
"This administration has issued a slew of regulations intended to stifle gas use," maintained former US Sen. George Allen from Virginia.
Seventy-seven percent of registered voters are concerned that breaching the ethanol blend wall could drive up the cost of gasoline for consumers and reduce the nation's fuel supply (85 percent of Republicans, 75 percent of Democrats and 71 percent of Independents).
Fear just secured another victory. Under pressure from green activists, the Florida Senate voted down a bill that would have helped expand fracking...
The US should be less hesitant to use its expanded geopolitical influence after changing from a nation relying increasingly on oil and gas imports to one poised to be a major exporter, Manhattan Institute Senior Fellow Mark P. Mills said.
Three months since the U.S. lifted a 40-year ban on oil exports, American crude is flowing to virtually every corner of the market and reshaping the world's energy map.
"The decision appeases extremists who seek to stop oil and natural gas production which would increase the cost of energy for American consumers and close the door for years to creating new jobs, new investments and boosting energy security..."