U.S. 'thinking through' potential oil exports

U.S. 'thinking through' potential oil exports

WASHINGTON, May 19 (UPI) --The White House is reviewing its policy options regarding legislation enacted in 1975 that restricts U.S. crude oil exports, a presidential assistant said.
Daniel J. Graeber

Harsh winter curbs U.S. crude oil production

WASHINGTON, March 12 (UPI) -- A harsh winter season curbed U.S. crude oil production, though future activity should make up for the loss, EIA Administrator Adam Sieminski said.
Cheaper gasoline forecast for U.S. consumers

Cheaper gasoline forecast for U.S. consumers

WASHINGTON, Aug. 7 (UPI) -- The U.S. Energy Department said it expected retail gasoline prices for the second half of 2013 to be more than 10 cents cheaper than the first half on average.
U.S. oil production breaks 22-year record

U.S. oil production breaks 22-year record

WASHINGTON, Aug. 7 (UPI) -- U.S. crude oil production in July increased to 7.5 million barrels per day, the highest level in more than 20 years, the U.S. Energy Department said.

U.S. oil processing on record pace

WASHINGTON, July 18 (UPI) -- The amount of crude oil processed on average in the United States has increased at a steady rate since March, the U.S. Energy Department said.

EIA: Logistics constrain U.S. oil benefits

WASHINGTON, July 17 (UPI) -- Transportation constraints in the U.S. crude oil market mean it's going to take awhile before the average consumer sees any benefits, an energy director said.

U.S., China enjoy ample shale oil, gas reserves

WASHINGTON, June 10 (UPI) -- The United States and China are among the nations with the most-abundant reserves of shale oil and shale natural gas, the U.S. Department of Energy said Monday.

U.S. leads non-OPEC producers

VIENNA, March 13 (UPI) -- Demand for OPEC crude oil is declining as non-cartel producers in North America continue their growth, the cartel said in its monthly report for March.
U.S. lawmakers calls for gas price probe

U.S. lawmakers calls for gas price probe

WASHINGTON, March 12 (UPI) -- A U.S. senator called on the U.S. Energy Information Administration to explain why gasoline prices experienced an abnormal spike this year.

Oil feels pressure from Middle East crises

WASHINGTON, Aug. 17 (UPI) -- Potential geopolitical crises in the Middle East are likely to have a ripple effect on the global oil sector, analysts and U.S. government officials said.

EIA sees growth in U.S. oil, natural gas

WASHINGTON, Aug. 2 (UPI) -- New technology used in shale formations contributed to the overall increase in U.S. oil and natural gas reserves, an energy official said.

Analysts: Don't underestimate U.S. shale

WASHINGTON, Jan. 24 (UPI) -- U.S. data indicated a lower-than-expected reserve estimate from the Marcellus shale deposit though analysts downplayed the significance of the findings.

Iran oil boycott menaces world economy

WASHINGTON, Jan. 15 (UPI) -- Some financial analysts say the rising tensions over Iran's nuclear program could throw a wrench into the world economy.

Cold weather in China creates energy woes

BEIJING, Jan. 13 (UPI) -- Cold temperatures and freezing rain could create major headaches for the energy sector in southern China, energy analysts said.

Iraq Energy Roundup

A veteran Kurdish lawmaker said the deals signed between the Kurdish and Iraqi governments with oil majors are illegal and premature.
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