Reports: Obama Will Reject Keystone Pipeline Proposal
Saying it did not have sufficient time to properly vet the proposal, the State Department said it would recommend rejecting a proposal by TransCanada to build a 1,700 mile pipeline, which would carry...
View ArticleForeign Oil Imports Drop As U.S. Drilling Ramps Up
Since President Obama took office, the U.S. has made considerable progress in overcoming a problem that has bedeviled presidents since Richard Nixon — dependence on foreign oil.When U.S. oil dependence...
View ArticleReport Shows Drop in U.S. Oil Imports
The White House will unveil a report today showing that U.S. dependence on foreign oil imports has dropped by more than two million barrels a day since President Obama took office.The report shows U.S....
View ArticleU.S. Has A Natural Gas Problem: Too Much Of It
There's a boom in natural gas production in the United States, a boom so big the market is having trouble absorbing it all.The unusually warm weather this winter is one reason for the excess, since it...
View ArticleHuge Boost In U.S. Oil Output Set To Transform Global Market
U.S. oil production is rising sharply and increased output from shale will be a "game changer" in global energy markets in the coming years, according to a new report out Tuesday by the International...
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