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.
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
December 28, 2013, 11am PST
Petroleum coke or petcoke, similar to coal, is a nasty though salable byproduct of the oil refining process. Produced from refining tar sands crude in Indiana refineries, it is stored in huge piles in Chicago, blowing dust in the Southeast Side.