While the domestic economic impacts associated with exporting US crude oil continue to be debated, other parts of the world analyze various ways in which increased US oil and gas exports could impact global, regional and local economies. Experts discussed this issue this morning in New York at the 37th annual International Association for Energy… Keep reading →
This piece argues the US should not export crude oil and instead moderate production volumes in an effort to preserve the country’s natural resource endowment over the longer term. It also contends exports would increase domestic crude and product prices. “The real question for the United States is not about optimal trade policy or economic… Keep reading →
The Panama Canal is on the Energy Information Administration’s list of the world’s six global oil chokepoints. While the canal is the smallest of the six – moving just 700,000-800,000 barrels per day of crude oil and petroleum products from 2007 to 2011, compared to the 15-17 million bbl/d that transited the Strait of Hormuz… Keep reading →
