The Congressional Supercommittee targets oil company tax breaks as a way to cut the nation’s budget deficit.
Will Tropical Storm Don affect oil production in the Gulf?
July 28, 2011, 9:23 AM
A brewing tropical storm in the Gulf of Mexico could bring welcome relief to a parched Texas. It could also threaten the rigs responsible for about 25% of US oil production and 10% of its natural gas output, and the coastal refineries.
Venezuela tops Saudi Arabia as the country with the most oil reserves
July 19, 2011, 7:57 AM
Who is King of the World? In terms of oil reserves it is Venezuela.
US oil production up, foreign oil imports down
July 8, 2011, 8:52 AM
The US economy may be dragging, but domestic oil production is booming, and foreign oil imports are down.
What Peak Oil? — US oil and gas reserves grew in 2010
June 17, 2011, 8:25 AM
What a difference it makes when oil prices are robust. US oil and gas reserves hit a five year high.
Big Oil faces the Senate: Accountablilty or empty ritual?
May 12, 2011, 10:28 AM
A Senate panel faced down BIg Oil executives in an annual encounter aimed at linking Big Oil’s profits to high gasoline prices. Accountability or empty ritual?
Deepwater drilling permits in the Gulf of Mexico get the green light
March 24, 2011, 2:09 PM
It looks like it is safe for everyone to get back into the water. The Department of the Interior is handing out permits again for oil ang gas companies to explore in the deepwater Gulf of Mexico.









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