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Department of Interior Moves to Expand Drilling in Alaskan Oil Reserve

The Trump administration is moving to expand the territory open for oil exploration in Alaska’s National Petroleum Reserve, a process that could shift drilling rigs closer to herds of caribou and flocks of threatened birds.

November 20, 2018

Diesel Falls Again, Drops 3.5¢ to $3.282 a Gallon

The U.S. average retail price of diesel dropped 3.5 cents to $3.282 a gallon in data reported Nov. 19 as crude oil prices fell amid persistent concerns about oversupply.

November 19, 2018

Iraq Resumes Kirkuk Oil Exports After Yearlong Pause

BAGHDAD — Iraq began piping oil from its fields around the disputed city of Kirkuk on Nov. 16, more than a year after exports were halted over troubles with the autonomous Kurdish administration north of the country.

November 16, 2018

Natural Gas Holds Gains After Biggest Jump in Eight Years

Natural gas took a breather after its biggest gain in eight years as forecasts for lingering U.S. cold spurred concern supplies may not be enough to meet winter demand.

November 15, 2018

Diesel Slips 2.1 Cents to $3.317 a Gallon Amid Oil’s Steep Drop

The U.S. average retail price of diesel dropped 2.1 cents to $3.317 a gallon Nov. 13 as the price of West Texas Intermediate crude oil fell to an 11-month low.

November 13, 2018

Keystone XL Ruling Comes as Canada Faces Pipeline Capacity Crunch

A Montana federal judge’s ruling that threatens to further delay TransCanada Corp.’s Keystone XL pipeline comes at one of the worst possible times for the Canadian oil industry.

November 9, 2018

Voters Decide Fate of Transportation Funding Measures on State Ballots

Voters demonstrated a reluctance to approve new funding measures but a commitment to securing existing funds for transportation purposes during the Nov. 6 election.

November 8, 2018

OPEC Considers 2019 Oil Production Cuts in Yet Another U-Turn

The wind changed again in a stormy oil market as OPEC signaled it will consider a return to cutting output next year, potentially making the second production U-turn this year.

November 8, 2018

California Voters Reject Gas Tax Repeal

California voters on Nov. 6 rejected Proposition 6, a measure to repeal a recent increase in the state’s gas tax and one that, in many ways, determines the fate of California’s roads, bridges and transit.

November 7, 2018

Colorado Drillers Rise as Voters Reject Limits on Oil Production

Anadarko Petroleum Corp., Noble Energy Inc. and other companies exploring for oil and natural gas in Colorado jumped in pre-market trading Nov. 7 after voters rejected a plan that sought to limit their ability to drill in the state.

November 7, 2018