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?
August 28, 2017, 10am PDT
One need not be on the Gulf Coast to experience some of the effects of Hurricane Harvey, a category 4 storm that landed near Corpus Christi on Friday night. Gas prices are expected to rise five to ten cents per gallon in some regions, then recede.
May 27, 2017, 7am PDT
The California governor, known for his outspoken climate advocacy, signed the nation's toughest fracking regulation bill in 2013. His response to those who want to ban fracking is that priority must be on reducing oil consumption.
March 27, 2017, 1pm PDT
While Congress is attempting to roll back a federal regulation on methane emissions, the California Air Resources Board approved a landmark rule that regulates methane emissions from onshore and offshore oil and gas production and storage facilities.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.