Oil Prices Reach New Record High

The oil and gas industry is pushing a government study that they say vindicates their push to lift the nation’s 40-year-old ban on oil exports. [The Washington Examiner]

The Sabine Pass LNG terminal will go live later this year, revealing innovative techniques that will launch the U.S. as a net exporter of natural gas. [Bloomberg]

Abengoa, a renewable energy multinational company headquartered in Spain, that has been a favorite of the Obama administration in getting federal tax money is facing possible liquidation. [Fox News]