Friday 12 December 2014

U.S. House weighs oil export ban

OIL AND GAS
U.S. House weighs oil export ban
Washington (UPI) Dec 11, 2014 - House leaders hear testimony Thursday on policies restricting crude oil exports, arguing America's updated energy outlook mean it's time to redraft the rules. Advances in hydraulic fracturing and horizontal drilling, techniques usually described under the banner of fracking, have resulted in exponential increases in U.S. oil production. The U.S. Energy Information Administration estima ... more


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