Pro-energy groups laud U.S. 'energy revolution'

Pro-energy groups laud U.S. 'energy revolution'

WASHINGTON, Dec. 17 (UPI) -- The American Petroleum Institute said hydraulic fracturing of shale oil and natural gas deposits spawned an "energy revolution" in the United States.

U.S. overhauls energy advisory board

WASHINGTON, Aug. 27 (UPI) -- The U.S. Energy Department announced it overhauled an advisory board tasked with ensuring a strategic and safe approach to national energy development.
U.S. oil needs should keep it in Mideast

U.S. oil needs should keep it in Mideast

DUBAI, United Arab Emirates, Feb. 27 (UPI) -- The United States was more reliant on Middle East oil imports in 2012 than in previous years, emphasizing how important the region remains for Washington.

Hurricane highlights energy weakness

WASHINGTON, Nov. 15 (UPI) -- The U.S. energy sector needs "planning for resilience" as domestic markets struggle to recover from Hurricane Sandy, an analyst said.
Report: Shale could redefine U.S. economy

Report: Shale could redefine U.S. economy

WASHINGTON, Oct. 24 (UPI) -- The shale oil and natural gas sector in the United States could contribute nearly $500 billion to the U.S. gross domestic product by 2035, an analysis states.

Asia making tough choices on Iranian oil

BEIJING, Jan. 7 (UPI) -- South Korea and Japan said they are seeking alternative sources of oil to comply with U.S. demands that nations cut back on imports from Iran.

Catch-22 for sanctions on Iran

WASHINGTON, Dec. 21 (UPI) -- Any decision to hit Iran with new sanctions because of nuclear weapons concerns requires tough considerations about energy security, an analyst said.

EU to lead race for renewables

WASHINGTON, Dec. 5 (UPI) -- While the outlook for the United States is uncertain, European countries are set to lead the development of renewable energy, an analyst said.

New drilling techniques spark oil boom

LOS ANGELES, Oct. 29 (UPI) -- Advances in oil drilling techniques are creating opportunities at marginal oil wells and reducing U.S. dependence on foreign oil, experts say.

Oil companies returning to Libya

TRIPOLI, Libya, Oct. 22 (UPI) -- Oil companies are ramping up production in Libya after the death of the country's deposed ruler, Moammar Gadhafi.

Offshore drilling deception

WASHINGTON, Aug. 12 (UPI) -- Sheik Yamani, a former minister in the Organization of Petroleum Exporting Countries, famously said, "The Stone Age didn't end because we ran out of stones." The same could be said of our oil-driven economy: The Oil Age will not end because we will run out of oil. It will end because the supply-demand equation will force changes from oil to its alternatives.
WILLIAM C. DANVERS, UPI Outside View Commentator

World's oil market expected to shift

NEW YORK, Dec. 9 (UPI) -- Experts predict many key oil suppliers, such as Mexico, may require imports to offset rising internal energy demands, further straining global oil markets.

High U.S. gas prices alter driver behavior

WASHINGTON, Jan. 25 (UPI) -- U.S. government data has revealed the country's drivers reduced U.S. per-motorist mileage by 0.4 percent in 2005. With motorists facing record gasoline prices, the year saw the first decrease for the mileage statistic since it began rising in 1980, the Lo

Hurdles seen in meeting Bush's energy aims

WASHINGTON, Feb. 2 (UPI) -- President George Bush wants to cut U.S. reliance on foreign oil but experts see too many political and other hurdles in meeting the president's goals.

$50 oil could slow U.S. growth

NEW YORK, Oct. 8 (UPI) -- The long anticipated rise in interest rates may be coming to an early and abrupt end as the specter of a sustained $50 per barrel oil price could lead to a slow
FRANK SCHNAUE, UPI Business Correspondent

Plans begin for Libya's economic future

TRIPOLI, Libya, July 6 (UPI) -- U.S. and British economists met in Tripoli with the Libyan counterparts to discuss options for the country's economy, a Massachusetts company reports.

OPEC tries to soothe price volatility

LONDON, June 1 (UPI) -- Leaders of OPEC, which sets world crude oil prices, are trying to talk down recent price volatility.

Saudi attack has psychological effect

HOUSTON, May 31 (UPI) -- Global oil traders spent Monday mulling the weekend terror attack on oil workers in Khobar in eastern Saudi Arabia, the New York Times reported.

'Commanding Heights' PBS series a triumph

WASHINGTON, May 27 (UPI) -- Can a discipline that's been called the "dismal science" be the subject of a six-hour TV documentary that will glue you to your set and keep you coming back episode after episode? Surprisingly, yes.

Yergin: Iraq oil no panacea

WASHINGTON, May 15 (UPI) -- The liberating of Iraq's oil won't free up world oil markets and reduce prices, according to Daniel Yergin, chairman of Cambridge Energy Research Associates.
MARTIN HUTCHINSON, UPI Business and Economics Editor

Washington Agenda-General

By United Press International

Washington Agenda-General

By United Press International

Washington Agenda-General

By United Press International

Washington Agenda-Weekahead

By United Press International

Analysts: Iraq years from being oil giant

LOS ANGELES, April 9 (UPI) -- World oil prices were on the rise Wednesday as joyous Iraqis danced in celebration on the streets of Baghdad while oil traders looked ahead to a post-war tighte
HIL ANDERSON, UPI Chief Energy Correspondent
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