Today Bloomberg News revealed that the American Petroleum Institute (API) has developed a strategy to challenge America’s crude export regulations using international trade law. Deregulating U.S. crude oil exports would make fracking and the tar sands even more profitable than...
Only a few months ago, we reported on the release of the IEA’s World Energy Outlook, which for the first time ever acknowledged that we cannot burn at least two thirds of the fossil fuel reserves we currently classify as...
Building Keystone XL will actually create a surplus of heavy oil on the Gulf Coast and force Canadian producers to regularly export their dirty oil into the world market. It is therefore clearer than ever that Keystone XL will facilitate...
Senator Lisa Murkowski has put U.S. crude oil exports front and center of her policy agenda today. The debate on crude oil exports, like that on natural gas (LNG) and coal exports, should be about climate change.
The latest installment reveals that while Permian oil production grew 135% from 2015 to 2020, U.S. oil consumption was stagnant. The spread of pipelines, export terminals, tank farms and petrochemical facilities across the Gulf Coast intensified environmental injustice in the...
The Financial Times has just revealed that the oil trading arms of BP, Shell and Vitol have applied for licenses to export U.S. crude to Canada.
Lifting the crude oil export ban is an idea only the oil companies and their paid Representatives in Washington could love. Exporting US crude oil will immediately raise the price of oil in North America, raise profits for Big Oil,...
The next president and Congress should reinstate the crude export ban in tandem with policies to ensure a just and equitable transition away from fossil fuels. A reimplementation of the ban would therefore require an ambitious and well-funded energy policy...
Just as the Republicans seemed to be gaining a head of steam in their efforts to overturn America’s decades-old crude export ban, the White House has announced it would veto any proposals.
The growing political fight over relaxing America’s decades-old crude export ban intensified at the end of last week, when 14 oil and gas firms set up a lobbying group specifically to push to relax the ban.
