Cheniere Energy Inc. began production at what will become the first terminal to export natural gas from America’s shale formations, according to ING Capital LLC, which helped finance the project. Continue Reading
Energy companies and oil trading firms that teamed up to build several mini-refineries that convert a swelling surplus of ultra-light U.S. crude into fuels for export seemed like a pretty Continue Reading
It took years to lift a ban on most U.S. oil exports. It took a week for the first shipment to be announced. Enterprise Products Partners LP will load 600,000 Continue Reading
OPEC’s biggest producers probably don’t need to worry about their sales being challenged by U.S. crude exports to Asia, yet. U.S. West Texas Intermediate oil must drop $4 to $6 Continue Reading
Working the halls of Congress, lawmaker by lawmaker, to end the ban on U.S. crude oil exports, oil-state senators and energy company executives were united by a single strategy and Continue Reading
Congress abolished the 40-year ban on oil exports this past week, a victory for oil companies and conservatives that few thought conceivable until recently. One thing made it possible: supporters Continue Reading
President Obama is expected to sign a bill that would lift a crude oil export ban because it’s balanced by renewable energy incentives, a research note said. After several legislative Continue Reading
Republican leaders and the Obama White House are both claiming victory in this week’s dramatic policy shift that allows the export of U.S. oil for the first time in 40 Continue Reading
The lifting of the U.S. ban on oil exports might actually make imports more appealing. By allowing American oil to compete globally, the price for U.S. benchmark West Texas Intermediate Continue Reading
U.S. shale drillers will soon be able to sell their oil all over the world. Too bad no one needs it right now. A congressional deal to lift the 1970s-era Continue Reading
