WASHINGTON ─ Wider trade of crude oil with Mexico, as the U.S. Commerce Department announced it will approve, delivers just a portion of the economic benefits that could be generated by lifting all outdated restrictions on U.S. energy exports, said API.
WASHINGTON ─ Total U.S. petroleum deliveries (a measure of demand) grew by 4.2 percent from June 2014 to average 19.6 million barrels per day last month. In the second quarter, demand increased by 3.7 percent compared to the same period last year.
WASHINGTON – An aerial hunt for oil and natural gas reserves in the Atlantic Ocean is poised to launch, a first step in the plan to lease waters off Georgia, North Carolina, South Carolina and Virginia to drilling.
WASHINGTON ─ Total U.S. petroleum deliveries (a measure of demand) grew by 5.4 percent last month from May 2014 to average 19.5 million barrels per day. This was the highest monthly demand yet seen in 2015.