November 11, 2015, 9am PST
A production-side approach to tackling climate change is the basis of new legislation by Sen. Jeff Merkley (D-Ore.). The "Keep it in the Ground Act" would prevent new drilling for any fossil fuel on federal lands or renewal of nonproductive leases.
Sen. Jeff Merkley Press Release
December 2, 2014, 12pm PST
American motorists are enjoying the lowest gasoline prices in five years because OPEC chose not to reduce oil output in the hopes that decreased oil prices will be lower than the cost needed to frack oil from shale.
December 18, 2011, 5am PST
Petroleum products are defined as refinery products, such as fuel. The U.S. passed a threshold in November. The EIA recorded 689.4 million barrels of oil refinery products imported and 753.4 million barrels exported in the first 9 months of 2011.
The Wall Street Journal - Business