Oil industry looks to head off attacks, taxes
As oil and gas companies prepare to announce second-quarter earnings this week, industry leaders are preparing for a backlash from Capitol Hill. The profits reports could spur fresh calls to hike taxes...
View ArticleOil and gas industry touts spending to curb climate change
Fed up with being referred to as an industry producing only "dirty fossil fuels," oil and gas leaders are touting their investments in technologies to curb greenhouse gas emissions linked to global...
View ArticleReport: Oil and gas can boost economies and outdoor recreation
Oil and gas development can coexist with hiking and hunting -- and sometimes even fosters that outdoor recreation -- according to a new study on how counties are balancing the activities.
View ArticleUS drilling boom boosting family incomes by $1,200 a year, report finds
The surge in domestic drilling that has transformed parts of North Dakota, Arkansas and Pennsylvania into modern-day boomtowns is causing ripple effects across the entire U.S. economy, spurring...
View ArticleWhite House credits oil production with improving economy
Increased domestic oil and natural gas production is something "to celebrate," as it helps pare the U.S. trade deficit and beef up the country's economic output. Although that may sound like a...
View ArticleOil industry touts $81B in carbon-cutting efforts
The oil and gas industry's largest trade group on Tuesday touted the sector's investments in cleaning up greenhouse gas emissions, saying energy companies are doing more than the federal government to...
View ArticleStudy: Gasoline prices will fall if US exports crude
The oil industry's leading trade group on Monday cast exports of U.S. crude as an economic win for consumers, fighting against criticism that selling the fossil fuel overseas would mean higher prices...
View ArticleOil producers make crude export pitch
The oil industry stepped up its campaign to export crude on Thursday, releasing a report tying the foreign sales to new jobs nationwide. But convincing motorists that selling oil overseas will lead to...
View ArticleReport: Retirees, 401Ks hold most shares in oil & gas industry
The biggest owners of oil and gas companies aren't found inside their boardrooms.
View ArticleGovernment report: Gasoline prices won’t climb if U.S. exports its oil
The EIA analysis also throws some cold water on the entire pro-export crusade, suggesting that widely selling U.S. crude abroad would do little to boost either domestic oil prices or production.
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