Midland, Cushing price difference not letting up, report says
A new government report says West Texas Intermediate crude traded in the Permian Basin market of Midland has averaged almost $6.70 per barrel less than the U.S. benchmark price set at a hub in Cushing,...
View ArticleRefiners: We can take all your oil
Refiners opposed to oil exports said Thursday they have more than enough plants and equipment to swallow up all of the light, sweet crude flowing out of U.S. wells, countering the chief argument of oil...
View ArticleObama knows crude export ban is “bad economics,” North Dakota senator says
Sen. Heidi Heitkamp, D-N.D., suggested that momentum is building on Capitol Hill and within the Obama administration for liberalizing the longstanding ban on U.S. crude exports.
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