Sen. Lisa Murkowski asks Obama administration for details on oil swaps with...
Sen. Lisa Murkowski, R-Alaska, wants to know whether the "fanfare" over U.S. oil swaps with Mexico -- touted as approved in August -- was overblown.
View ArticleEnd of the road for oil exports on highway bill
Oil producers and their allies in Congress had hoped to use the highway bill as a vehicle for unrelated provisions lifting the 40-year-old ban on U.S. crude exports.
View ArticleChamber of Commerce pushing moderate Democrats to back oil exports
Oil producers' hopes for lifting the crude export ban this year may have diminished, but they're keeping pressure on Senate Democrats with an eye on 2016.
View ArticleChina keeping an eye on surging U.S. oil and gas production
The recent surge in domestic oil and gas production offers an opportunity for the United States and China to collaborate, according to a new report.
View ArticleWhite House, Congress getting closer to budget deal ending crude export ban
House Speaker Paul Ryan told GOP lawmakers he expected compromise legislation to be publicly released Tuesday — a measure that would deliver victories for to both sides.
View ArticleOPEC sees zero impact on oil market from U.S. lifting export ban
The U.S. Congress is nearing a deal on the biggest shift in the nation’s oil policy in more than a generation by allowing the world’s largest oil and gas producer to sell crude abroad.
View ArticleBig Oil among biggest winners from budget deal
Speaker Paul Ryan, R-Wis., welcomed the tax side of the massive deal but is lowering expectations about GOP victories in the $1.1 trillion spending bill.
View ArticleExport news little comfort for U.S. drillers drowning in crude
U.S. oil production is also declining, meaning that the flood of oil that could have left the country's shores is slowly drying up.
View ArticleNo export ban? No problem for U.S. refiners getting tax break
The House and Senate on Tuesday evening reached a deal on tax and spending plans that included an end to the oil-trade limits that were implemented in 1975 after the Arab oil embargo.
View ArticleCongress OKs year-end budget deal that would end crude export ban
Obama will sign the measure, which includes many of the spending increases he fought for all year and is largely cleansed of GOP attempts to block his moves on the environment, financial regulation,...
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