March 22, 2019, 12pm PDT
During the CERAWeek conference held earlier in Houston, oil companies were not of one mind when it came to the future of their industry, with some saying transportation will be electrified while others maintained oil will continue to dominate.
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?
January 24, 2017, 6am PST
Gasoline consumption in the U.S. peaked in 2007, but began climbing in late 2014 with the decline in gas prices. Last year almost set a new record, but increases in gas prices, fuel efficiency and more EVs could reverse the direction—but when?
January 22, 2017, 5am PST
Well, that didn't take long! Goodbye Obama Clean Action Plan and restrictive environmental regulations; hello shale oil and gas revolution.
October 23, 2016, 7am PDT
During the second presidential debate Democratic candidate Hillary Clinton claimed that the "U.S. was energy independent." Some in the media, including Politifact, were quick to report that claim as "false." And the news just got worse.
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.
January 14, 2016, 12pm PST
Oil prices are now at a 12-year low. Prices have been very consistent this year: they have dropped every day. As they slide to going below $30 a barrel, service stations could be selling gasoline at $1 per gallon, a price not seen since 1999.
December 9, 2015, 10am PST
The COP21 talks in Paris won't take on transportation directly, "the world’s fastest-growing energy-based contributor to greenhouse gases," writes David Jolly for The New York Times. Electric vehicles and fuel efficiency face formidable challenges.
The New York Times - Energy & Environment
November 8, 2015, 1pm PST
New figures from the Federal Highway Administration show no abatement in increasing vehicle miles traveled (VMT). While low oil prices have been beneficial for the environment on the production end, it is wreaking havoc on the consumption side.
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.
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.
January 19, 2015, 9am PST
It was considered a given by many analysts that global oil prices would only increase as world oil demand outstripped supply, so switching to percentage-based fuel taxes from per-gallon taxes made sense, until OPEC chose not to restrict their output.
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.
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.
November 15, 2013, 10am PST
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.
The New York Times - Energy & Environment
March 11, 2013, 8am PDT
For all his intentions to help the poorest in his country, Hugo Chávez's handling of the golden goose - Venezuela's massive oil wealth, was badly mishandled during his reign. Output decreased, debt increased, and he left behind a polarized society.
May 25, 2011, 12pm PDT
Half the oil in the Persian Gulf has been pumped out of the ground - so has 'peak oil' been reached? Notably, that term doesn't even appear in the article. Instead, it discusses the difference between light and heavy oil, and the role of technology
The Wall Street Journal - Business
October 24, 2008, 12pm PDT
Plunging oil prices are hitting three oil-producing countries the hardest: Venezuela, Iran, and Russia. This article looks at each of them and evaluates how they will fare if oil prices do not rise, including their relationships to the U.S.
July 1, 2008, 10am PDT
<p>Unless international carbon-capping treaties are implemented, fossil fuel consumption (with their greenhouse gas emissions) will increase 50% by 2030, largely resulting from growth in energy consumption in China and other developing nations.</p>
Associated Press via Google News