Oil Production

Do Environmentalists Confuse Oil Production With Oil Demand?
Samantha Gross, the director of the Energy Security and Climate Initiative at the Brookings Institution, argues that the key to reducing emissions is to do the hard work of reducing oil demand rather than focusing on ending U.S. oil drilling.

Utah Oil Shale Extraction Dealt Major Setback
The Surface Transportation Board's approval in 2021 of a proposed 85-mile Uinta Basin Railway in Utah that would have enabled increased extraction of the world's largest source of oil shale was partially vacated by a federal appeals court last month.

Election 2024: California Oil Drilling Referendum
Environmentalists gear up for battle to reject a referendum funded by Big Oil on a law passed last year that would ban oil and gas drilling within 3,200 feet of homes, schools, nursing homes, and hospitals.

The Republican Energy and Climate Agenda
With many polls predicting a ‘red wave’ on Election Day, we take a look at the energy and climate agenda of the 118th Congress under Republican control.

OPEC Plus Decision to Reduce Oil Output Could Lead to Global Recession
A decision earlier this month by a group of the world's largest oil exporters to drastically reduce oil production to stem the decline in oil prices could be a ‘tipping point’ for a global recession, says the International Energy Agency.

'Are Gas Prices Too High?'
Nominal gas prices have never been higher. But are they too high? The question was posed by the ranking member of the Senate Committee on Energy & Natural Resources to the Secretary of the Interior during a committee hearing on May 19.

Has the Rug Been Pulled Out From Under Environmentalists?
Robinson Meyer, a climate reporter for The Atlantic, writes about the awkward place American environmentalists find themselves due in part to the war in Europe that has created an international energy crisis and historically high fuel prices at home.

Waging War on High Gas Prices
America is not at war, but that didn't stop President Joe Biden from calling the largest release of oil from the nation's Strategic Petroleum Reserve that he authorized on March 31 to lower oil prices, a 'wartime bridge.'

Pumping More Oil to Lower Gas Prices
Proponents of increased oil drilling in the U.S. to replace banned Russian oil argue that it will decrease prices at the pump. A Texas reporter examined the claim with a University of Texas energy analyst. If only it was that simple.

Biden Orders Release from Strategic Petroleum Reserve: What's the Emergency?
The purpose of the Strategic Petroleum Reserve is to maintain oil flow to refineries during national emergencies when oil supplies are disrupted. What national emergency prompted President Biden to order the release of 50 million barrels?

Biden Administration's Energy Hypocrisy Exposed
World Oil, an energy publication, slightly annotated a Bloomberg News article to expose the hypocrisy of the Biden administration: curtailing oil production at home while pushing to increase it abroad.

California's Kern County Weighs Proposal to Approve Thousands of New Oil Wells
The oil-rich county hopes to boost its economy with a revised plan for new drilling after a state court struck down a 2015 ordinance.

EPA Completes Rollback of Obama-Era Methane Regulations
The new rules are significantly less stringent in mandating repair of methane leaks and regulation of emissions.

Just What the World Needs: $20 Per Barrel Oil
Oil prices crashed Monday due to a disagreement between two of the world's largest oil producers, Saudi Arabia and Russia, amidst a slump in oil demand due to the outbreak of the coronavirus pandemic. Oil will flood the market as demand drops.

Gov. Newsom's Phase-out of Oil Production Prompts Backlash in Kern County
Almost 80% of oil extraction in the nation's sixth largest oil-producing state occurs in Kern County. Supervisors see the California governor's climate plan to reduce oil production as a threat to the county's economic well-being.

Just What the Planet Needs: More Oil Production
A surge of oil from four countries—Norway, Guyana, Canada and Brazil—will more than compensate for slowing growth of U.S. oil production. The new sources might cause oil prices to dip to $50 a barrel and slow the transition to electric vehicles.

Department of Interior Plans to Open 1 Million Acres in California to Fracking
The Bakersfield Office of the Bureau of Land Management released an environmental study that is the basis for undoing a 2013 de facto moratorium on fracking on federal lands in California. The Supplemental EIS triggers a 45-day public comment period.

The Oil Production Boom in New Mexico Could Mean More Money for Roads
With an "unprecedented" amount of money coming in from booming oil production, New Mexico legislators are considering how to spend the extra money.

U.S. Becomes Net Oil Exporter, If Only Briefly
Oil independence, a goal set by President Nixon in the depth of the 1973 energy embargo, was achieved in the last week of November thanks to a fluke in record keeping as well as an "unprecedented boom in American oil production."

Lamenting the Decline of Caracas, Once the 'Jewel of Latin America'
"A generation ago, Venezuela’s capital was one of Latin America’s most thriving, glamorous cities; an oil-fuelled, tree-lined cauldron of culture that guidebooks hailed as a mecca for foodies, night owls and art fans."
Pagination
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