Industry makes last-ditch appeal against SEC disclosure rule
The oil industry today made a final plea for exceptions to proposed reporting rules that U.S. businesses say would give foreign competitors an unfair advantage while forcing them to stop drilling in...
View ArticleSEC rejects industry’s bid for exemptions in foreign payments rule
Federal regulators on Wednesday voted to require U.S. companies to disclose what they pay to harvest crude, natural gas and minerals from other countries, delivering a big blow to oil companies that...
View ArticleOil supplies surging, but so is the price
Oil production in the United States has surged and use of petroleum products has fallen. In theory, those factors should have pushed the price of crude down. Instead, it’s gone up.
View ArticleWhat’s behind the gas price runup? Depends on whom you ask
Some lawmakers and regulators pin the blame on financial speculators trading futures contracts for oil. Or it could be a collision of planned maintenance and unexpected outages at some of the nation's...
View ArticleMishaps shouldn’t impede energy expansion, industry economist says
The recent oil pipeline rupture in Arkansas and other mishaps shouldn’t stand in the way of the Keystone XL pipeline, the American Petroleum Institute’s chief economist said Tuesday.
View ArticlePlans to export US natural gas stir debate
A domestic natural gas boom already has lowered U.S. energy prices while stoking fears of environmental disaster. Now U.S. producers are poised to ship vast quantities of gas overseas as energy...
View ArticleOil industry may invoke trade law to challenge export restrictions
The U.S. oil industry, riding a domestic energy boom, is preparing to challenge restrictions on crude exports, possibly by arguing that limits designed to keep petroleum in America may violate...
View ArticleEconomist: Exports will have moderate effect on US natural gas price
The chemical industry fears exporting liquefied natural gas will increase the price of gas it buys, but U.S. producers could start pumping a lot more natural gas if international markets opened up, and...
View ArticleQ&A: Arguing the case for oil exports
The idea to the lift the ban has drawn both interest and resistance in Congress, but midterm election politics may sour the congressional appetite to change the law this year. In a recent interview...
View ArticleEconomist: Crude price pinches oil industry, helps overall economy
As crude plunges to its lowest level in years, the economic impacts will depend on who you are and where you live.
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