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.
Jan 10, 2014 The Washington Post - Wonkblog
Mexico is poised to allow foreign investment in its state-owned oil company, Pemex, for the first time in 75 years. In Venezuela, home to the world's cheapest gasoline, prices are due to skyrocket if President Maduro ends subsidies as he's indicated.
Jan 5, 2014 BBC News
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.
Jan 4, 2014 The New York Times - Energy & Environment
Mexico, the world's 9th largest oil producer and first to nationalize its oil production, has seen steep production declines as the state-owned oil company lacks capital resources and expertise. Constitutional reforms would entice private investment.
Aug 20, 2013 The New York Times - Global Business
The news of the escalating gas prices was ubiquitous - local media news reports led with gas station prices that had risen 20-50 cents overnight, or stations that had closed early for lack of gas. Finally, Gov. Brown acted to alleviate the 'crisis'.
Oct 9, 2012 The New York Times - U.S.
Americans are driving less and more efficiently, resulting in reduced gas consumption - yet prices are rising. What gives? For a nation that relies on oil imports despite surging drilling, the answer is unusual.
Nov 14, 2011 Los Angeles Times - Business