Oil Exporters

Single oil derrick on dry prairie with faded blue sky in background.

Do Environmentalists Confuse Oil Production With Oil Demand?

Samantha Gross, the director of the Energy Security and Climate Initiative at the Brookings Institution, argues that the key to reducing emissions is to do the hard work of reducing oil demand rather than focusing on ending U.S. oil drilling.

October 22, 2023 - Brookings Institution

Fracking

Pumping More Oil to Lower Gas Prices

Proponents of increased oil drilling in the U.S. to replace banned Russian oil argue that it will decrease prices at the pump. A Texas reporter examined the claim with a University of Texas energy analyst. If only it was that simple.

March 14, 2022 - KXAN

Oil and Gas Extraction

Biden Administration's Energy Hypocrisy Exposed

World Oil, an energy publication, slightly annotated a Bloomberg News article to expose the hypocrisy of the Biden administration: curtailing oil production at home while pushing to increase it abroad.

July 15, 2021 - Bloomberg Quint

Oil Rigs

Just What the Planet Needs: More Oil Production

A surge of oil from four countries—Norway, Guyana, Canada and Brazil—will more than compensate for slowing growth of U.S. oil production. The new sources might cause oil prices to dip to $50 a barrel and slow the transition to electric vehicles.

November 6, 2019 - The New York Times

pallets of green oil barrels stacked

U.S. Becomes Net Oil Exporter, If Only Briefly

Oil independence, a goal set by President Nixon in the depth of the 1973 energy embargo, was achieved in the last week of November thanks to a fluke in record keeping as well as an "unprecedented boom in American oil production."

December 27, 2018 - Bloomberg News

Tar Sands Oil Just Lost Another Outlet, For Now

It was viewed as a "David vs. Goliath" pipeline fight: the city of South Portland, Maine against a pipeline company backed by Big Oil. The city had passed a zoning ordinance preventing the export of oil which would have impacted public health.

August 29, 2018 - InsideClimate News

pallets of green oil barrels stacked

U.S. on Track to Record Oil Production This Year

The current U.S. record is 10 million barrels per day set in 1970. Last year averaged 9.2 million b/d. Experts believe that record will be reached this spring, if it hasn't already. Can Trump claim credit for the surging production?

January 6, 2018 - NPR

Electric Cars

Gas and Diesel Cars Could Be Banned in Norway by 2025

Norway's four major political parties appear to agree to a ban on gasoline and diesel-powered passenger vehicles by 2025. And they are not alone. Efforts are also underway in The Netherlands and India, according to the news site Electrek.

June 13, 2016 - Electrek

Iowa Caucus Results: Cruz wins, Ethanol Mandate Loses

The only major candidate, Democrat or Republican, to call for an end to the contentious ethanol mandate won the Republican caucus, clearly beating Donald Trump. That could doom what many even in Iowa, among even some farmers, call a boondoggle.

February 3, 2016 - The New York Times - Politics

Saudi Arabia Reducing Gasoline Subsidies to Cope with Budget Deficit

The world's third cheapest gasoline will increase by 40 percent in order to deal with a record budget deficit of $98 billion this year. Plummeting oil prices have forced the world's largest oil exporter, Saudi Arabia, to reduce energy subsidies.

December 30, 2015 - AFP

Oil Export Ban Lifted—After 42 Years

Thanks to a 'must-pass' omnibus spending bill that President Obama indicated he would sign, the ban on crude oil exports, a relic of the 1973 Arab oil embargo, will be lifted. In exchange, energy credits will be extended for wind and solar products.

December 17, 2015 - CNBC

United States Overtakes Saudi Arabia as World's #1 Oil Producer

Bloomberg News shares news of a report showing that the surge in shale oil production has made the United States the top oil and natural gas liquids producer in the first quarter of 2014 and discusses its impact on domestic and global oil prices.

July 7, 2014 - Bloomberg News

President Obama OKs Initial Crude Oil Export

An energy policy developed during the 1983 Arab oil embargo is loosening thanks to an order by the Commerce Department, though not as much as oil companies would like. Will gas prices rise? No, they will fall, argues energy expert Daniel Yergin.

June 25, 2014 - The Wall Street Journal

Is the Ban on U.S. Oil Exports Suppressing Gasoline Prices?

Yes, and that's a good thing, say opponents of lifting the 1975 ban on crude oil exports. Brad Plumer examines this argument and explains the two other chief reasons, the environment and refinery lobbying, to maintain the ban on exporting crude oil.

January 10, 2014 - The Washington Post - Wonkblog

U.S. Oil Boom to Reduce World Prices While Global Coal Consumption Surges

Gas prices will drop due to surging U.S. oil production according to an U.S. Energy Dept. report. Another report from the International Energy Agency points to surging carbon dioxide emissions, not from oil but from coal burning, largely from China.

January 4, 2014 - The New York Times - Energy & Environment

Energy Boom Warrants Rethinking 1970's Energy Policies

Harkening back to the long lines at gas stations that erupted after the 1973 Arab oil embargo, followed by diminishing oil production, US crude oil exports were prohibited. With production booming, energy czar Ernest Moniz may reconsider that policy.

December 17, 2013 - The New York Times - Energy & Environment

Oil Wealth Transforms Canada

Writing in Foreign Policy, The Tyee's prolific environmental writer, Andrew Nikiforuk, blasts Canada for becoming a "rogue, reckless petrostate" due to its economic dependence on exporting oil. He holds Prime Minister Stephen Harper responsible.

June 27, 2013 - Foreign Policy

Do Oil-Exporting Nations Have an Obligation to Mitigate Climate Change?

Norway takes this responsibility seriously. Not only will it double its carbon tax, in existence since 1991, but it will use revenues to invest in renewable energy and food security in the developing world while expanding its own oil exploration.

October 15, 2012 - Guardian - U.K.

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