The United States became a net exporter of oil and refined fuels for the first time in nearly 75 years
Energy Exports
The Energy Edge: U.S. Becomes Net Oil Exporter
By Edward Hild, Matthew Pitzarella & Kim Pizzingrilli | Buchanan Ingersoll & Rooney PCSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.The Energy Edge: After Shale Insight 2018, One Thing Is Perfectly Clear
By Matthew Pitzarella | Buchanan Ingersoll & Rooney PCTrade Policy Impacts On U.S. Energy Becoming Visible
By Energy Tomorrow BlogIn API’s latest Industry Outlook and Monthly Statistical Report, we have shifted from recognizing risks on the horizon to having a line of sight on some of them. The effects of trade disputes in particular have become tangible. Most notably, at the same time as the U.S. celebrated another new record for crude oil production of 10.8 million… Keep reading →
Senate Hearing On Exports Of LNG To Europe
By Dianne Phillips | Holland & Knight LLPRecord Oil Output, Yet Dip In Petroleum Exports Suggests Tariffs’ Effect
By Energy Tomorrow BlogLots of positive energy data points in API’s newest Monthly Statistical Report – and one that’s potentially concerning. The good: The U.S. tied its record for crude oil production in July at 10.7 million barrels per day (b/d) and set a new one for natural gas liquids, 4.4 million b/d. With total liquids production up by more… Keep reading →
Recently, we discussed how natural gas and oil production and energy exports were major contributors to robust second-quarter growth by the U.S. economy – by themselves generating nearly half of the increase in U.S. real exports in Q2. Yet, there’s concern that escalating U.S. trade restrictions and looming disputes could threaten global trade and economic growth. We’ve… Keep reading →
Currents – Energy Industry Insights – July 2018 #2
By William Herlihy & Nicholas Preservati | Spilman Thomas & Battle, PLLCHow The Conversation Changed At This Year’s World Gas Conference
By Environmental Defense Fund Energy Exchange BlogFor years, conversations at major oil and gas industry conferences focused on one thing: the shale revolution. Excitement about the surge in economical new supply of unconventionally produced oil and gas was palpable, as panelists spoke of the potential for shale to transform everything from the geopolitics of American energy supply to the price of… Keep reading →
Why The U.S. Must Import And Export Oil
By Energy Tomorrow BlogWith Wall Street Journal headlines such as “Trans-Atlantic Oil-Price Spread Soars as Supply Glut Disappears,” it might be hard to remember that the United States’ domestic oil production stood at a record 10.5 million barrels per day (mb/d) in April, and the nation’s petroleum trade balance is in its best position in 50 years. This has reinforced… Keep reading →
Here’s Why U.S. Energy Sector Opposes Tariffs On Steel
By Energy Tomorrow BlogThe decision by the Trump administration to impose tariffs on imported steel, including key allies Canada, Mexico and the European Union, is the wrong direction for U.S. energy policy. While the full effect of these tariffs on steel-intensive business—and the U.S. economy—remains to be seen, the impacts will ripple through the natural gas and oil… Keep reading →