Oil
Environmentalists Go To Court To Kill Arctic Oil Drilling Plans
Five environmental groups filed a lawsuit in federal court Monday attempting to prevent oil companies from drilling in Arctic waters…
Read More »New Report Suggests Anti-Oil Activism Have Eliminated Nearly 800K Jobs Opportunities
Anti-fossil fuel activists have sucked tens of billions of dollars out of the U.S. economy and seriously crippled manufacturing jobs,…
Read More »DOI Discovers Largest US Oil And Gas Reserve Ever Found In New Mexico
New Mexico and West Texas are sitting on a bonanza of potentially recoverable oil and gas reserves in the Delaware…
Read More »‘What Winning Looks Like’: US Net Oil Imports Hit 40-Year Low
U.S. net oil imports were just above 4 million barrels per day during the last week of November, according to…
Read More »Canada Worries Trump Could Strike Back After Alberta Cut Oil Production
A former Alberta trade envoy to the U.S. worries President Donald Trump could retaliate against Canada after Alberta chose to…
Read More »US Oil And Gas Reserves Reached Record Highs In 2017
U.S. crude oil and natural gas reserves reached record highs in 2017, blowing passed levels not seen in nearly half…
Read More »Skyrocketing Oil Production In Texas Causing Headaches For OPEC
Booming U.S. oil production is wreaking havoc on the Organization of the Petroleum Exporting Countries’ (OPEC) influence of the international…
Read More »US Oil Boom Cut $250 Billion From The Trade Deficit
A decade-long oil boom in the U.S. has cut into the overall U.S. trade deficit by hundreds of billions of…
Read More »Report: Oil Output On Federal Lands Hits Record During Trump’s Second Year
Oil production on federally managed lands during 2018 was the highest in at least 16 years, according to Department of…
Read More »Internal Report Reveals OPEC Is Concerned About Rising US Oil Production
Analysts with the Organization of Petroleum Exporting Countries (OPEC) are closely monitoring American output, warning members that rising U.S. production could…
Read More »Hurricane Michael Set To Wreak Havoc On Oil And Gas Production In The Gulf
Roughly 40 percent of oil production and 30 percent of natural gas production in the Gulf of Mexico shut down…
Read More »OPEC Believes US Shale Boom Won’t Last Long
OPEC predicts that competition with the U.S. will drop significantly in less than five years, allowing members of the world’s…
Read More »US Refineries Are Processing Record Levels Of Crude Oil To Keep Up With Demand
U.S. refineries are running at record levels to meet the high demand for gasoline and distillate fuel oil, according to…
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