The existing, southern segment of the Keystone oil pipeline system has pumped its billionth barrel, owner TransCanada Corp. said Monday. The company is using the milestone to promote the safety of its pipeline and push the Obama administration to approve the highly controversial northern segment, known as Keystone XL.
Energy is critically important to Michigan, serving as a key engine for the state economy - expanding job opportunities and offering the hope of prosperity to individual Michiganders and their families.
The oil market should be more balanced next year as China and the developing world use more oil while supply of fuel from North American shale grows more slowly, OPEC said on Monday.
This article refers to "refined" oil products which America can export. We also need the ability to export crude oil from America too, and that is currently banned by federal gov't.
Much of the reporting on fracking is a confused mess, which must leave many people wondering exactly what's going on.
Boom has helped make America the world's No. 1 producer of oil and gas.
The U.S. Supreme Court on Monday ruled against the U.S. Environmental Protection Agency (EPA) by forcing it to consider costs before deciding whether regulation of air pollutants is appropriate and necessary.
Hydraulic fracturing to drill for oil and natural gas has not caused widespread harm to drinking water in the United States, the Environmental Protection Agency said Thursday
OPEC powerhouse Saudi Arabia is fighting to keep market share against U.S. shale oil, Iran plans to increase production in anticipation of an end to sanctions that have crimped its crude exports...
As the U.S. gears up for its peak season for road travel, drivers are being treated to lower gas costs.