Defying a White House veto threat, the Republican-controlled House on Friday approved a bill to lift a 40-year-old U.S. ban on crude oil exports.
Lifting the ban on crude oil export would not only be good for the economy, it could also benefit U.S. foreign policy.
The head of the nation's largest veterans service organization blasted the White House today for its prolonged opposition to the job-creating Keystone XL oil pipeline.
In the debate over the current ban on exporting crude oil from the United States, both sides agree that the energy universe has changed dramatically since the restriction was imposed in the 1970s to husband the nation's energy resources in a time of Middle East embargoes and supply shortages.
A new report that portrays the oil and gas industry as one of the leaders in bringing about a significant reduction in greenhouse gas emissions between 2000 and 2014.
If the rumors about the new ozone standards being considered by the Environmental Protection Agency are true, nearly half of the counties in the country will be out of compliance, according to an industry official.
A majority of U.S. voters of all political persuasions agreed that the years of Keystone XL pipeline delay have hurt our energy security and economy, according to a new poll conducted for API by Harris Poll.
A poll of American voters shows the majority (68%) of Americans support the construction of the Keystone XL Pipeline.
VIDEO: Allowing crude oil exports can help the US seize its long-term opportunity to compete in the global marketplace. Bloomberg.
There are different types of crude oil located in different parts of the world... The United States has an abundance of "light, sweet" crude it currently can't sell to its allies, while the country needs "sour"crude oil from other countries. So, even with the ban lifted, importing oil is necessary.