Tag: Oil

The imminent shutdown is expected to cause fuel shortages and price spikes. (AP Photo/Jay Reeves)

Energy and Environment

Major gasoline pipeline that supplies DC, New York to shut down

John Siciliano · August 31, 2017 3:27 pm

The Department of Energy confirmed it authorized the release of a half a million barrels of crude oil from the Strategic Petroleum Reserve to Phillip's 66's refinery in Lake Charles, La. (AP Photo/J. Scott Applewhite)

Rick Perry authorizes emergency release of oil reserve amid fears of Hurricane Harvey gas price spike

Josh Siegel · August 31, 2017 2:39 pm

Venezuela's President Nicolas Maduro, center, arrives for a news conference in Caracas, Venezuela, Tuesday, Aug. 22, 2017. (AP Photo/Ariana Cubillos)

Beltway Confidential

The US must confront Nicolas Maduro’s dictatorship in Venezuela

Tom Rogan · August 30, 2017 4:32 pm

Rain levels for the continental U.S. struck a record last night at over 51 inches, the largest rainfall recorded anywhere in the United States. (Nick Wagner/Austin American-Statesman via AP)

Largest refinery in North America, owned by Saudi Arabia, goes dark in Harvey’s wake

John Siciliano · August 30, 2017 4:16 pm

An oil refinery flare, right, continues to burn through wind and rain as Hurricane Harvey moves into Corpus Christi, Texas, on Friday, Aug. 25, 2017. (Nick Wagner/Austin American-Statesman via AP)

Quarter of Gulf Coast oil and gas production now offline because of Hurricane Harvey

Todd Shepherd · August 27, 2017 7:30 pm

The new sanctions are aimed at putting pressure on the government of socialist President Nicolas Maduro, after he assembled a Constituent Assembly to bypass the opposition-controlled National Assembly as the economy tanks amid massive protests. (AP Photo/Fernando Llano)

‘Not an oil embargo’: Venezuela exports, Citgo shielded from new sanctions

Steven Nelson · August 25, 2017 5:52 pm

Oil companies continued to cease offshore operations and evacuate personnel on Thursday in preparation for Tropical Storm Harvey becoming a full-blown hurricane. The tropical storm is expected to intensify into an category 3 hurricane by Friday morning, as it heads directly for the Texas and Louisiana Gulf Coast. (AP Photo/Patrick Semansky)

Energy and Environment

Oil industry evacuates, ceases production as Harvey approaches

John Siciliano · August 24, 2017 11:43 pm

LNG exports lower other countries' natural gas costs and increase natural gas and electricity costs for domestic consumers long-term. (AP Photo/Matt Houston)

Modernize NAFTA, but don’t ruin its energy trade provisions

Jack Gerard · August 24, 2017 4:01 am

It seems very likely during the Trump era that we're going to see more rioting, not less. (AP Photo/James MacPherson)

Ecoterrorists target oil infrastructure, endanger the public

James Marks · August 23, 2017 4:01 am

Shares in Chevron went up about 35 percent since Watson took over as CEO in January 2010.

Energy and Environment

Chevron’s CEO stepping down by end of next month

Josh Siegel · August 23, 2017 2:01 am

Energy Transfer, suing in U.S. District Court in North Dakota, claims the environmental groups committed racketeering and defamation that increased the cost of construction by at least $300 million. (AP Photo/Manuel Balce Ceneta)

Energy and Environment

In federal lawsuit, builder of Dakota Access Pipeline claims environmental groups incited eco-terrorism

Josh Siegel · August 23, 2017 1:33 am

The process of extracting crude oil is becoming more and more costly as the industry seeks to develop harder-to-access reserves. (AP Photo/Elaine Thompson, File)

Don’t add bad policy to oil industry headwinds

William F. Shughart II · August 21, 2017 4:01 am