U.S. Interior Chief Seeks Changes at U.S. Monuments
The head of the U.S. Department of the Interior urged President Donald Trump to lift restrictions on activities such as logging and mining in or to shrink the footprints of 10 national monuments, according to the Washington Post.
Trump to Order Review of Federal Land Use
U.S. President Donald Trump will sign an executive order on Wednesday to identify national monuments that can be rescinded or resized - part of a push to open up more federal lands to drilling, mining and other development. The move…
U.S. Hopes to Flex Energy Muscle with Oil Reserve Makeover
The United States boasts the world's largest stash of emergency oil supplies, yet the country's ability to influence global crude markets with releases from that reserve has waned. The Obama administration hopes to fix that problem with an overhaul of the Strategic Petroleum Reserve…
Nations Seek Early Ratification of Paris Climate Deal
Many nations are pushing for swift ratification of a Paris agreement to slow climate change and lock it in place for four years before a change in the White House next year that might bring a weakening of Washington's long-term commitment.
U.S. Will Sign Paris Agreement on Climate Change
The United States will sign the Paris Agreement on climate change this year regardless of the Supreme Court's decision to put a chunk of President Barack Obama's environmental action on hold, the U.S. climate envoy said on Tuesday.
White House Seeks Greater Power over Emergency Oil Stocks
The Obama administration wants greater authority from Congress to tap the emergency oil reserve to control spikes in global petroleum prices, seeking a more aggressive role for the 40-year-old stockpile. Authorized by Congress in 1975 after the Arab oil embargo…
EIA Study Gives nod to Crude Exports: Kemp
Gasoline prices in all parts of the United States are tied to Brent rather than the domestic crude oil benchmark WTI, according to a detailed study published on Thursday by the Energy Information Administration (EIA). The EIA study…
A History of U.S. Oil Export Controls
On Oct. 20, 1973, King Faisal of Saudi Arabia imposed a total embargo on oil shipments to the United States among other countries in response to their support for Israel during the Arab-Israeli war. Faisal's decision led directly to the introduction of a ban on U.S.
