Mexico imports more gasoline as oil production drops
May 5, 2008
Mexico’s gasoline imports rose to 360,700 b/d in March, the highest level since November 2007.
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Bush to Congress: remove obstacles to raise oil, gas supplies
May 5, 2008
US President George W. Bush urged Congress to send a positive signal to world energy markets by removing obstacles to more domestic oil and gas production.
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Iran begins $1.2 billion upgrade for Sri Lanka refinery
May 2, 2008
Iranian President Mahmoud Ahmadinejad launched a $1.2 billion project to upgrade Sri Lanka's sole refinery at Sapugaskande, outside Colombo, the island nation's capital.
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House SPR oil purchase hearing quickly splits along party lines
May 2, 2008
Democrats and Republicans at an Apr. 24 House committee hearing on continuing crude oil purchases for the Strategic Petroleum Reserve when prices are breaking records disagreed on which government policies send the wrong signals to markets.
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Remove obstacles to increasing domestic oil and gas supplies, Bush tells Congress
May 2, 2008
President George W. Bush urged Congress to send a positive signal to world energy markets by removing obstacles to more domestic oil and gas production. He also rejected calls to quit filling the Strategic Petroleum Reserve while crude oil prices are near record levels.
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Bush to Congress: remove obstacles to raise oil, gas supplies
Apr 30, 2008
US President George W. Bush urged Congress to send a positive signal to world energy markets by removing obstacles to more domestic oil and gas production.
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The rising diesel price
Apr 28, 2008
As crude oil prices continue hitting record levels, prices for US on-highway diesel fuel hit an all-time high as well.
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Project would bring heavy oil to West Texas
Apr 28, 2008
Centurion Pipeline LP launched an open season to determine interest in a proposed reversal project that would deliver heavy Canadian crude from Cushing, Okla., to West Texas.
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SPECIAL REPORT: Capital budgets grow in US, drop in Canada
Apr 28, 2008
Capital spending for oil and gas projects in the US will increase this year, buoyed by growth in upstream, midstream, and downstream developments and maintenance.
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House SPR oil purchase hearing splits along party lines
Apr 25, 2008
Democrats and Republicans at an Apr. 24 US House committee hearing on continuing oil purchases for the SPR disagreed on which government policies send the wrong signals to markets.
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GOP House members urge halt to SPR oil purchases
Apr 25, 2008
Nine US House Republicans on Apr. 23 called for a suspension of oil purchases for the SPR and stronger efforts to increase refining capacity as steps in response to prices that have passed $100/bbl.
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Mexico imports more gasoline as oil production drops
Apr 22, 2008
Mexico's gasoline imports rose to 360,700 b/d in March, the highest level since November 2007.
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Project would bring heavy oil to West Texas
Apr 21, 2008
Centurion Pipeline LP launched an open season to determine interest in a proposed reversal project that would deliver heavy Canadian crude from Cushing, Okla., to West Texas.
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Impact of higher oil, product prices on US economy deepens
Apr 21, 2008
There are growing indications that high gasoline and diesel fuel prices are having an increasingly adverse impact on the general US economy, and federal lawmakers have started to respond.
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Higher crude oil, product price impacts on general US economy deepen
Apr 18, 2008
There are growing indications that high gasoline and diesel fuel prices are having an increasingly adverse impact on the general economy. Government statistics showed that energy prices climbed more quickly in March.
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