Oil Production

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.
2 days ago   FOX News
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.
Aug 14, 2014   The Wall Street Journal
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.
Jul 12, 2014   National Geographic
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.
Jul 7, 2014   Bloomberg News
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.
Jun 25, 2014   The Wall Street Journal
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
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
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.
Dec 17, 2013   The New York Times - Energy & Environment
With driving and oil consumption declining across many developed countries due to long-term structural shifts, Nick Butler sees reason to believe the world will soon reach peak oil demand.
Dec 16, 2013   The Financial Times
A milestone was reached last month in oil imports: For the first time in 18 years, the U.S. produced more oil than it imported thanks to fracking and reduced consumption. But according to a new IEA report, shale oil growth will peak within a decade.
Nov 15, 2013   The New York Times - Energy & Environment
Unable to find funding to repair roads damaged by the booming oil industry traffic, Texas will convert asphalt roads to gravel. Texas's gas tax is among the lowest in the nation.
Aug 26, 2013   The Texas Tribune