Oil Production

March 28, 2016, 10am PDT
Gas prices are on the rise, though they will remain well below 2014 levels through this year. U.S. oil production dropped by 600,000 barrels from last year, while gas consumption is on track to break the 2007 record thanks to cheap gas and more SUVs.
The New York Times
February 3, 2016, 9am PST
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.
The New York Times - Politics
December 29, 2015, 12pm PST
Not only might Alaskans have to pay a state income for the first time since 1980, three years after the Trans-Alaska Pipeline was completed, but Alaska Permanent Fund checks might drop 50 percent to cope with falling crude oil tax revenue.
The New York Times
December 17, 2015, 10am PST
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.
CNBC
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
November 6, 2015, 1pm PST
After TransCanada hit the "pause button," President Obama hit "reject." The seven-year saga has come to an end, announced President Obama in a noon White House statement to the press on Friday where he took no questions.
The White House
October 20, 2015, 11am PDT
It's the best of both worlds for OPEC as cheap oil prices increase demand while high-cost rival oil producers are forced to close down wells according to an OPEC study released Oct. 12. And it was all planned.
Reuters
June 14, 2015, 5am PDT
Oil prices plummeted 60 percent since last summer, yet American crude output will reach a record this year according to the Energy Information Administration's Fall Short-Term Energy Outlook. Gas prices will drop about 35 cents this year.
USA Today
February 12, 2015, 5am PST
An IEA report suggests that oil prices have bottomed-out, are now on the rebound, and that demand for OPEC's oil will start rising next year. OPEC predicts that U.S. oil consumption will increase after years of decline, thanks to U.S. motorists.
OPEC Says U.S. Motorists
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.
Vox
October 16, 2014, 10am PDT
The worthy foe is not environmental regulations nor the the government or public demanding fracking moratoriums and bans. It is the falling global price of oil. Two radio reports explore how the global glut of oil affects U.S. shale oil production.
NPR
September 30, 2014, 9am PDT
The Wall Street Journal re-examines the doomsday scenarios of Peak Oil now that fracking has pushed oil production to record levels.
The Wall Street Journal
August 25, 2014, 9am PDT
Alaskans agreed, but not by much, with Gov. Sean Parnell and not former Gov. Sarah Palin that oil companies needed to pay less taxes if they are to boost oil production. Voters rejected a tax referendum that was on Tuesday's ballot to repeal SB 21.
FOX News
August 14, 2014, 10am PDT
Unlike Texas and N.D, Alaska's oil production peaked in 1988 and continues to decline. An upcoming referendum on oil taxes threatens to reduce energy investment. The North Slope pipeline is carrying such low oil volumes to endanger its safety.
The Wall Street Journal
July 12, 2014, 11am PDT
Joe Eaton reports from Bainville, Montana, which is suffering the effects of the Bakken oil boom, although the majority of the Bakken wells, and its corresponding tax revenue, are in North Dakota.
National Geographic
July 7, 2014, 8am PDT
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.
Bloomberg News
June 25, 2014, 10am PDT
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.
The Wall Street Journal
January 10, 2014, 6am PST
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.
The Washington Post - Wonkblog
January 4, 2014, 7am PST
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.
The New York Times - Energy & Environment
December 17, 2013, 8am PST
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.
The New York Times - Energy & Environment