November 6, 2019, 9am PST
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.
December 27, 2018, 12pm PST
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."
August 29, 2018, 8am PDT
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.
January 6, 2018, 1pm PST
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?
June 13, 2016, 5am PDT
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.
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 30, 2015, 5am PST
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 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.
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.
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.
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
June 27, 2013, 10am PDT
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.
October 15, 2012, 8am PDT
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.