Senate Panel Set to Advance Quest for Oil in Alaska Refuge
Oil drilling in a vast Alaskan wildlife refuge could move a step closer to reality on Wednesday as a Senate panel votes to open part of the reserve coveted by conservationists.
Big Oil Seen in Strong Position as Trump Tackles Tax Reform
Big Oil could be in a unique position to protect its interests against a Republican proposal to tax imports, given that President-elect Donald Trump's cabinet is studded…
Oil in Strong Position as Trump Tackles Tax Reform
Big Oil could be in a unique position to protect its interests against a Republican proposal to tax imports, given that President-elect Donald Trump's cabinet is studded…
Allowing US Oil Export Could Push Crude Prices Higher -CBO
Lifting the ban on U.S. crude exports could push the price of domestic oil up roughly $2.50 a barrel in the coming decade, a report from the Congressional Budget Office said on Wednesday.
As Coal Wanes, Consumers Key for U.S. Rails
Investors in U.S. railroad stocks, who have been punished in 2015 by an accelerating decline in high-margin coal shipments, now are pinning their long-term hopes on a resurgence in consumer spending.
Congressional Study Questions Embargo-Era Oil Policies
Lifting restrictions on U.S. crude oil exports could actually lower fuel prices for U.S. motorists and other consumers by contributing to a drop in world oil prices, according…