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Phillips 66 reported first-quarter earnings of $987 million, down from $1.6 billion during first-quarter 2014. Adjusted earnings were $834 million, a decline from $866 million during first-quarter 2014.

Posted: May 1, 2015, 9:00 pm

Amin H. Nasser has been named as the acting president and chief executive officer of Saudi Aramco following the appointment Khalid A. Al-Falih to the post of Saudi Arabia’s minister of health.

Posted: May 1, 2015, 5:50 pm

The US Bureau of Land Management’s final hydraulic fracturing rule allows states with their own requirements to seek a variance under which their rules would apply if they were more stringent, BLM Director Neil Kornze told a US Senate Energy and Natural Resources subcommittee. But Mark Watson, Wyoming state oil and gas supervisor, said BLM would benefit instead of the states.

Posted: May 1, 2015, 5:46 pm

The US and Canada simultaneously issued new regulations governing transportation of crude oil and other hazardous materials by rail.

Posted: May 1, 2015, 5:43 pm

Chevron Corp. reported first-quarter earnings of $2.6 billion, down from $4.5 billion in first-quarter 2014. Sales and other operating revenues in first quarter totaled $32 billion, compared with $51 billion a year earlier.

Posted: May 1, 2015, 4:17 pm

Legislation to accelerate the phase-out of older rail tank cars to reduce accidental crude oil spills has been introduced by Finance Committee Ranking Minority Member Ronald L. Wyden (D-Ore.) and six other US Senate Democrats.

Posted: May 1, 2015, 3:57 pm

Statoil ASA reported a negative first-quarter international financial reporting standards net income of $4.67 billion due to asset impairments of $6.08 billion primarily comprising US onshore unconventional assets including the Bakken, Eagle Ford, and Marcellus shale plays.

Posted: May 1, 2015, 3:32 pm

ConocoPhillips reported first-quarter earnings of $272 million, down from $2.1 billion in first-quarter 2014.

Posted: May 1, 2015, 3:28 pm

Crude oil prices climbed more than $1/bbl on the New York market for a second consecutive day on Apr. 30 to set fresh highs for 2015 although prices retreated in early trading on May 1 awaiting the weekly rig count numbers from Baker Hughes Inc. while natural gas prices continued their upward momentum.

Posted: May 1, 2015, 3:10 pm

Royal Dutch Shell PLC reported first-quarter earnings on a current cost of supplies (CCS) basis, excluding identified items, were $3.2 billion, down from $7.3 billion during first-quarter 2014.

Posted: April 30, 2015, 9:33 pm

Rising construction costs in the US and falling oil prices give LNG export projects in western Canada a window of opportunity in competition with otherwise advantaged projects to the south.

Posted: April 30, 2015, 8:45 pm

International producers are keeping relations with the US strong despite its plunging crude oil imports as production from domestic tight shales climbs, research by 16 University of Texas at Austin master’s degree candidates found.

Posted: April 30, 2015, 5:23 pm

ExxonMobil Corp. reported first-quarter earnings of $4.9 billion, down from $9.1 billion during first-quarter 2014 due in part by upstream losses in the US. The total, however, exceeded analyst expectations.

Posted: April 30, 2015, 5:11 pm

Energy Transfer Partners LP and Regency Energy Partners LP, both of Dallas, have completed the merger of an ETP indirect subsidiary with Regency, with Regency surviving as a wholly owned subsidiary of ETP, the companies reported.

Posted: April 30, 2015, 4:49 pm

Enterprise Products Partners LP (EPP) and an affiliate of Occidental Petroleum Corp., both of Houston, will develop a 150-MMcfd cryogenic natural gas processing plant to handle growing rich-gas production in the Delaware basin, EEP reported.

Posted: April 30, 2015, 4:06 pm

Crude oil prices climbed more than $1/bbl on the New York market on a lower-than-expected increase in US oil and product supplies Apr. 29 while US natural gas futures prices rose for a second consecutive session.

Posted: April 30, 2015, 3:00 pm

Newfield Exploration Co. plans to combine its onshore Gulf Coast and Rocky Mountain business units into one operating region to be based in The Woodlands, Tex., and will close its Denver and north Houston offices during August.

Posted: April 29, 2015, 8:44 pm

Canada’s crude oil exports set a monthly record with an average of 3.11 million b/d in January, the country’s National Energy Board reported.

Posted: April 29, 2015, 8:19 pm

Chevron South Africa (Pty.) Ltd. has completed the replacement of a flare stack at its 110,000-b/d refinery in Cape Town, South Africa.

Posted: April 29, 2015, 8:14 pm

Indian Oil Corp. Ltd. (IOC) has started the process of commissioning its long-delayed 15 million-tonne/year, full-conversion refinery at Paradip, on India’s northeastern coast.

Posted: April 29, 2015, 8:05 pm

Hess Corp. reported a net loss of $389 million during the first quarter compared with net income of $386 million in first-quarter 2014. An adjusted net loss of $279 million was down from an adjusted net income of $446 million in first-quarter 2014.

Posted: April 29, 2015, 4:45 pm

Light, sweet oil prices settled moderately higher on the New York market Apr. 28 after briefly spiking to $57.73/bbl on news that the Iranian Revolutionary Guards Corp navy seized a western cargo ship in the Strait of Hormuz. Meanwhile, Brent crude oil fell modestly on the London market.

Posted: April 29, 2015, 3:44 pm

Eni SPA reported a first-quarter consolidated adjusted operating profit of €1.57 billion, down 55% from first-quarter 2014. The company says the decline was driven by lower crude oil prices, and only partly offset by a better performance recorded in upstream activity and in all other business segments.

Posted: April 29, 2015, 3:10 pm

Anadarko Petroleum Corp. has named Darrell E. Hollek as executive vice-president, US onshore exploration and production. Charles A. Meloy, who previously held the position, will remain as an executive vice-president until his retirement in early June.

Posted: April 29, 2015, 2:19 pm

Other federal departments and agencies will need to be brought into the process of implementing recommendations outlined in the initial Quadrennial Energy Review, US Sec. of Energy Ernest G. Moniz told the US Senate Energy and Natural Resources Committee.

Posted: April 28, 2015, 8:21 pm

Total SA reported a first-quarter adjusted net income of $2.6 billion, down 22% from $3.3 billion during first-quarter 2014, citing a 50% decrease in Brent crude oil prices since last year.

Posted: April 28, 2015, 8:11 pm

BP PLC reported that its underlying replacement cost profit for the first quarter was $2.6 billion, down from $3.2 billion for first-quarter 2014 but up from $2.2 billion for fourth-quarter 2014.

Posted: April 28, 2015, 5:44 pm

FLNG Liquefaction 3 LLC, a unit of Freeport LNG Expansion LP, has closed on the $4.56 billion in financing needed to start construction of the third train of FLNG’s gas liquefaction and LNG loading facility on Quintana Island near Freeport, Tex.

Posted: April 28, 2015, 5:35 pm

TORC Oil & Gas Ltd. has agreed to acquire producing and undeveloped acreage in southeastern Saskatchewan from Surge Energy Inc. for $430 million (Can.) cash. Both companies are based in Calgary.

Posted: April 28, 2015, 5:17 pm

Paul Simons has been selected to be the deputy executive director of the International Energy Agency, effective July 8.

Posted: April 28, 2015, 5:15 pm

Crude oil prices on the New York and London markets dropped on Apr. 27, settling down after a weeks-long rally. However, prices crept up again early on Apr. 28 following reports that the Iranian navy seized a Marshall Islands-flagged commercial cargo vessel that was initially reported as belonging to the US.

Posted: April 28, 2015, 4:00 pm

US refining emissions dropped substantially in the last 2 decades as petroleum product production increased, research commissioned by the American Fuel & Petrochemical Manufacturers found.

Posted: April 28, 2015, 2:56 pm

The US Bureau of Land Management is seeking public comments on QEP Resources Inc.’s plans to build a natural gas and helium processing plant in the Dry Piney Creek area 10 miles northwest of LaBarge, Wyo. Information received will be used to help prepare an environmental assessment of the proposed project, BLM’s Pinedale field office said in an Apr. 20 notice.

Posted: April 28, 2015, 2:19 pm

Mary Trost has been named plant manager at Dakota Prairie Refining, Dickinson, ND, a joint venture planning to start up a 20,000 b/d diesel refinery soon.

Posted: April 27, 2015, 5:35 pm

Kosmos Energy Ltd., Dallas, reported that the Tortue-1 exploration well, drilled on Block C-8 offshore Mauritania, intersected 351 ft of net hydrocarbon pay in the primary Lower Cenomanian objective, based on preliminary analysis of drilling results and intermediate logging to a depth of 4,630 m.

Posted: April 27, 2015, 5:17 pm

Colorado state officials joined the states of Wyoming and North Dakota in a lawsuit questioning the US Bureau of Land Management’s new rules for hydraulic fracturing for onshore drilling on tribal and federal public lands.

Posted: April 27, 2015, 3:25 pm

Activism has usurped science in the politics of climate change to the extent that its unhinged polemic discredits itself.

Posted: April 27, 2015, 2:51 pm

Supporters of ending routine natural gas flaring met Apr. 17 at headquarters of the World Bank in Washington, DC, to launch the "Zero Routine Flaring by 2030" initiative.

Posted: April 27, 2015, 2:49 pm

Crude oil futures settled moderately lower Apr. 24 on the New York market while Brent crude futures on the London market set a fresh high for the year with the Apr. 24 settlement.

Posted: April 27, 2015, 2:46 pm

ConocoPhillips Chairman and Chief Executive Officer Ryan Lance told IHS CERAWeek that ConocoPhillips is prepared for oil-price swings going forward, and it has positioned itself to ramp up its core US unconventional investments when it appears feasible.

Posted: April 27, 2015, 12:00 pm

International news for oil and gas professionals

Posted: April 27, 2015, 5:00 am

US Sen. Lisa Murkowski (R-Alas.) told IHS CERAWeek in Houston that she plans this year to introduce legislation to repeal the decades-old ban on US exports of crude oil.

Posted: April 27, 2015, 5:00 am

Reintroduction of a bill to repeal Sect. 526 of the Energy Independence and Security Act comes at a fateful time.

Posted: April 27, 2015, 5:00 am

Leaders of prominent US shale producers came together on Apr. 21 to drive home what's emerged as a primary theme during this year's IHS CERAWeek in Houston: The urgent need to lift the export ban on US crude oil.

Posted: April 27, 2015, 5:00 am

The US Bureau of Land Management is proposing changes to federal onshore oil and gas royalty rates, rental payments, lease sale minimum bids, civil penalty caps, and financial assurances, US Interior Secretary Sally Jewell announced. Comments on the Advanced Notice of Possible Rulemaking (ANPR) will be accepted for 45 days following its publication in the Federal Register next week.

Posted: April 24, 2015, 6:45 pm

The US Geological Survey issued a report with preliminary outlines of models to predict severity of ground tremors in areas where sharp seismicity increases have been reported. It said the models ultimately aim to calculate how often earthquakes are expected to occur in the next year, and how hard the ground will likely shake as a result.

Posted: April 24, 2015, 5:50 pm

SandRidge Energy Inc., Oklahoma City, has appointed John Suter as senior vice-president, production, effective Apr. 27. Most recently, Suter worked at American Energy Partners LP, serving as vice-president of the Woodford business unit since 2013.

Posted: April 24, 2015, 5:47 pm

Antin Infrastructure Partners SAS, Paris, has agreed to acquire BP PLC’s Central Area Transmission System (CATS) business in the UK North Sea for $486 million. The deal is expected to close before yearend.

Posted: April 24, 2015, 3:19 pm

Crude oil futures found support on both New York and London markets in Apr. 23 trading on news of more airstrikes against rebels in Yemen by Saudi Arabia, renewing concerns about a possible disruption in Middle Eastern oil shipments.

Posted: April 24, 2015, 2:57 pm

MOL Group has committed to drill three exploration wells offshore Norway during 2015-16 under an agreement to buy Ithaca Petroleum Norge from Ithaca Petroleum Ltd., part of Ithaca Energy, for $600 million.

Posted: April 24, 2015, 2:55 pm

Congressional Republicans—led by Senate Energy and Natural Resources Committee Chair Lisa Murkowski (Alas.) and House Natural Resources Committee Chair Rob Bishop (Utah)—urged US Interior Sec. Sally Jewell to offer more tracts in currently open US Outer Continental Shelf areas and begin leasing in areas now off-limits under the next 5-year OCS program.

Posted: April 23, 2015, 8:01 pm

Chief executives of Mexico’s Petroleos Mexicanos (Pemex) and Argentina’s YPF SA are both seeing energy reforms within their respective countries, and both emphasize the need for investment from international oil and gas companies to achieve their new goals.

Posted: April 23, 2015, 5:48 pm

The offshore oil and gas industry—as well as the federal agencies that regulate it—must remain diligent to avoid the mistakes that led up to the Macondo deepwater well blowout and crude oil spill 5 years ago, witnesses told the US House Natural Resources Committee.

Posted: April 23, 2015, 5:37 pm

OAO Gazprom says antitrust allegations by the European Commission regarding territorial restrictions and an unfair pricing policy are “unsubstantiated.”

Posted: April 23, 2015, 4:53 pm

Observing both Earth Day and the fifth anniversary of the Macondo deepwater well accident and crude oil spill, US Senate and House members—largely Democrats from Northeastern and Mid-Atlantic states—introduced bills to stop federal offshore oil and gas leasing off the Atlantic coast.

Posted: April 23, 2015, 4:47 pm

Petroleo Brasileiro SA (Petrobras) reported a $2.1-billion write-down from improper payments identified in the Brazilian Federal Police’s “Operation Car Wash” anticorruption investigation.

Posted: April 23, 2015, 4:15 pm

Crude oil prices for June delivery dropped modestly on the New York market on Apr. 22 to remain above $56/bbl for June delivery following another reported increase in US oil and product inventories. Meanwhile, statistics indicated slower manufacturing activity in China, a major oil consumer, last month than in March although the final April statistics have yet to be tabulated.

Posted: April 23, 2015, 4:05 pm

This week marked the 5-year anniversary of the Deepwater Horizon explosion in the deepwater Gulf of Mexico that took 11 lives and resulted in the costliest oil spill in US history, a somber occasion of which Bob Dudley, BP PLC chief executive officer since the aftermath of the incident, took a moment to remember during an Apr. 21 IHS CERAweek luncheon.

Posted: April 22, 2015, 9:00 pm

Noble Energy Inc. agreed to settle federal and state air pollution charges stemming from its Denver-Julesburg basin oil and gas exploration and production activities, the US Department of Justice, Environmental Protection Agency, and State of Colorado jointly said.

Posted: April 22, 2015, 6:01 pm

Leaders of prominent US shale producers came together on Apr. 21 to drive home a point that’s emerged as a primary theme during this year’s IHS CERAWeek in Houston: The urgent need to lift the export ban on US crude oil.

Posted: April 22, 2015, 5:43 pm

A seismology team in a study led by Southern Methodist University found high volumes of wastewater injection combined with brine extraction from natural gas wells was “the most likely” cause of earthquakes near Azle, Tex., during 2013-14.

Posted: April 22, 2015, 4:50 pm

Two ExxonMobil Corp. pipeline subsidiaries agreed to pay $5 million to the US government and the state of Arkansas to settle charges stemming from a 2013 crude-oil leak in the state, the US Department of Justice and Environmental Protection Agency jointly announced.

Posted: April 22, 2015, 3:28 pm

A California superior court has cleared the way for Chevron Corp. to proceed without further delay in executing its long-planned, $1-billion project to modernize operations at the company’s 257,000-b/d refinery in Richmond, Calif.

Posted: April 22, 2015, 3:23 pm

Crude oil prices for May delivery dropped more than $1/bbl on the New York market Apr. 21 upon reports that Saudi Arabia was halting air strikes against rebels in Yemen and also as traders awaited the weekly US government oil and product inventory report.

Posted: April 22, 2015, 3:17 pm

The White House recommended that the US Department of Energy concentrate on modernizing the nation’s energy transportation, storage, and distribution (TS&D) systems in its initial proposals under the recently established Quadrennial Energy Review. The Apr. 21 report also posed that DOE financially assist states in providing incentives for natural gas utilities to replace and improve local distribution systems (LDS).

Posted: April 22, 2015, 3:13 pm

The US should remove the national interest demonstration requirement for LNG exports to countries with which it does not have a free-trade agreement before it loses one of its biggest energy and economic opportunities in its history, an ExxonMobil Corp. executive said.

Posted: April 21, 2015, 5:00 pm

Lower crude oil prices may give African nations more time to develop new supplies, speakers said at a Center for Strategic and International Studies forum. The primary question is whether countries will avoid or repeat mistakes of the past, they said.

Posted: April 21, 2015, 4:50 pm

US Sen. Lisa Murkowski (R-Alas.) told IHS CERAWeek in Houston that she plans this year to introduce legislation to repeal the decades-old ban on US exports of crude oil.

Posted: April 21, 2015, 3:22 pm

Crude oil prices for May delivery climbed modestly on the New York market Apr. 20, which analysts attributed to reports of reduced concerns for now about high US oil storage levels. The Brent crude oil price settled Apr. 20 on the London market unchanged from the Apr. 17 price.

Posted: April 21, 2015, 3:09 pm

ConocoPhillips Chairman and Chief Executive Officer Ryan Lance told IHS CERAWeek that ConocoPhillips is prepared for oil-price swings going forward, and it has positioned itself to ramp up its core US unconventional investments when it appears feasible.

Posted: April 21, 2015, 2:44 pm

An early-morning fire on Apr. 20 at Neste Oil Corp.’s 2.9 million-tonne/year Naantali refinery in Finland has led to the shutdown of processing units at the plant.

Posted: April 20, 2015, 5:17 pm

Supporters of ending routine natural gas flaring met Apr. 17 at headquarters of the World Bank in Washington, DC, to launch the “Zero Routine Flaring by 2030” initiative.

Posted: April 20, 2015, 5:10 pm

Lundin Petroleum AB has appointed Nick Walker as senior vice-president, development and operations.

Posted: April 20, 2015, 3:56 pm

Crude oil prices for May delivery fell nearly $1/bbl on Apr. 17, ending a six-session gain on the New York market during a week that experienced the highest settlement price of the year at $56.71/bbl, which was set on Apr. 16.

Posted: April 20, 2015, 3:50 pm

It would be an understatement to declare offshore oil and gas has changed since the deepwater Macondo well blowout and crude oil spill 5 years ago. An obvious follow-up question is whether it has changed for the better.

Posted: April 20, 2015, 2:30 pm

After noticeably slowed declines over the previous 2 weeks, the US drilling rig count fell 40 units to 988 rigs working during the week ended Apr. 10, settling under 1,000 for the first time since Sept. 11, 2009, according to data from Baker Hughes Inc.

Posted: April 20, 2015, 5:00 am

International news for oil and gas professionals

Posted: April 20, 2015, 5:00 am

US oil producers operating in the Eagle Ford shale in South Texas built an inventory of nearly 1,400 drilled but uncompleted (DUC) wells, said an analysis from IHS, which noted that the most promising of these wells belong to a few operators.

Posted: April 20, 2015, 5:00 am

For the Organization of Petroleum Exporting Countries and the oil market, a fateful month looms.

Posted: April 20, 2015, 5:00 am

The US Department of the Interior proposed offshore oil and gas well-control regulations with more stringent design requirements and operational procedures for blowout preventers (BOPs) and blowout prevention technologies.

Posted: April 20, 2015, 5:00 am

Members of a US House Transportation and Infrastructure subcommittee from both parties sternly criticized the Obama administration for delays in implementing pipeline and rail safety procedures as the systems carry more crude oil, ethanol, and other volatile materials.

Posted: April 20, 2015, 5:00 am

The US crude oil export ban is a 1970s anachronism that could hobble US production growth and restrict economic improvement if it is not repealed, three witnesses told a House Foreign Affairs Subcommittee's hearing on the matter.

Posted: April 20, 2015, 5:00 am

The slumping profitability of oil and gas work offshore the UK is evident in a new government report.

Posted: April 20, 2015, 5:00 am

More cooperation not just between government and the oil and gas industry, but with a broad range of residents and businesses inside and outside Alaska, is essential to address pressing infrastructure challenges there, speakers at a Center for Strategic and International Studies forum agreed.

Posted: April 17, 2015, 9:47 pm

The US Bureau of Land Management is proposing changes to federal onshore oil and gas royalty rates, rental payments, lease sale minimum bids, civil penalty caps, and financial assurances, US Interior Secretary Sally Jewell announced. Comments on the Advanced Notice of Possible Rulemaking (ANPR) will be accepted for 45 days following its publication in the Federal Register next week.

Posted: April 17, 2015, 8:07 pm

Sydney and Port Moresby-based Oil Search Ltd. has decided on a complete exit from its acreage in Yemen.

Posted: April 17, 2015, 5:39 pm

Total US petroleum deliveries, a measure of demand, averaged 19.2 million b/d in March, up 3.4% from a year ago and the highest level for the month since 2011, according to the American Petroleum Institute’s monthly statistics for March. Total demand in the first quarter gained 2.2% year-over-year.

Posted: April 17, 2015, 4:28 pm

Yanbu Aramco Sinopec Refining Co. Ltd. (Yasref), a joint venture of Saudi Aramco (62.5%) and China Petrochemical Corp. (Sinopec) (37.5%), has exported the first shipment of petroleum coke (petcoke) from its 400,000-b/d refinery in Yanbu Industrial City on the west coast of Saudi Arabia along the Red Sea.

Posted: April 17, 2015, 4:24 pm

Drilling contractors, onshore and offshore, face further declines in day rates and fleet utilization this year as operators slash activity in response to a crude-price slump that shows no sign of early recovery, warns Fitch Ratings.

Posted: April 17, 2015, 3:27 pm

Crude oil prices for May delivery climbed for a sixth consecutive day on both New York and London markets Apr. 16, which analysts attributed to signs of a possible slowing in US oil production.

Posted: April 17, 2015, 2:30 pm

The US Bureau of Ocean Energy Management and Bureau of Safety and Environmental Enforcement extended the comment period for proposed oil and gas drilling regulations on the US Arctic Outer Continental Shelf by 30 days.

Posted: April 17, 2015, 2:20 pm

The US Department of the Interior should schedule a second Mid-Atlantic Outer Continental Shelf oil and gas lease sale—and hold it earlier than in 2021—as it prepares its final 2017-22 OCS management plan, witnesses told a US House Natural Resources subcommittee.

Posted: April 16, 2015, 7:36 pm

The US could lose an important global opportunity if it doesn’t move more quickly on its LNG export decisions, America’s Natural Gas Alliance said in a new study. “This is not about trying to get 20 export facilities quickly built,” ANGA Pres. Martin J. Durbin told reporters as the study was released. “It’s about making the process more certain and predictable so more of them can move ahead.”

Posted: April 16, 2015, 6:07 pm

Gulfport Energy Corp., Oklahoma City, has agreed to acquire Paloma Partners III LLC, Houston, for $300 million. The deal is expected to close in the third quarter.

Posted: April 16, 2015, 4:50 pm

Crude oil prices for May delivery soared by more than $3/bbl on the New York market Apr. 15 to close above $56/bbl, a high for 2015, while the Brent contract for May delivery closed on the London market at above $60/bbl.

Posted: April 16, 2015, 2:58 pm

In its April Oil Market Report, the International Energy Agency raised its forecast of 2015 global oil demand by 90,000 b/d to 93.6 million b/d, a gain of 1.1 million b/d on the year and a notable acceleration of the 700,000-b/d growth in 2014, as the global economy slowly gains momentum.

Posted: April 15, 2015, 5:29 pm

Delek US Holdings Inc., Brentwood, Tenn., has agreed to acquire a minority interest in Alon Israel Oil Co. Ltd.’s US-based refining and marketing subsidiary Alon USA Energy Inc., Dallas, which owns and operates a 74,000-b/d refinery in Krotz Springs, La., as well as an idled 70,000-b/d, three-refinery complex in California.

Posted: April 15, 2015, 4:58 pm

Crude oil prices rose on the New York and London markets Apr. 14 for a fourth consecutive day after the International Energy Agency forecast oil demand will rise by 1.1 million b/d this year compared with 2014 demand growth of 700,000 b/d.

Posted: April 15, 2015, 4:14 pm

The US crude oil export ban is a 1970s anachronism that could hobble US production growth and restrict economic improvement if it is not repealed, three witnesses told a House Foreign Affairs Subcommittee’s hearing on the matter. A fourth witness, however, warned that ending the export ban would lead to a hazardous US production increase that would then possibly lead to greater greenhouse gas (GHG) emissions and threats to public safety.

Posted: April 15, 2015, 4:02 pm

Continued growth in oil and natural gas production, growth in the use of renewables, and the application of demand-side efficiencies show the potential to eliminate net US energy imports in the 2020 to 2030 timeframe, according to projections in the Annual Energy Outlook 2015 (AEO2015), released by the US Energy Information Administration. The US has been a net importer of energy since the 1950s.

Posted: April 15, 2015, 3:30 pm
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