Last year, the United States far outpaced every other country in the world in boosting oil production.
Falling oil prices threaten to slow the US drilling boom. The downturn has also increased calls to lift the ban on exporting oil and natural gas from the US - an outdated policy that should be changed.
The Senate passed a bill on Thursday to force approval of the Keystone XL oil pipeline, which President Obama is certain to veto in his first official clash with the new Republican-majority Congress.
Defying a presidential veto threat, the House of Representatives passed a bill approving the construction of the Keystone XL pipeline.
Nebraska's highest court tossed a lawsuit Friday challenging a proposed route for the Keystone XL oil pipeline, saying the landowners who sued didn't have legal standing to do so. The Nebraska Supreme Court decision could remove a major roadblock for the $7 billion cross-continental project.
Setting up what is likely to be the first of many confrontations with the White House, the Republican-controlled Senate Tuesday announced its first piece of legislation, a bill to approve the construction of the much-delayed Keystone XL oil pipeline.
The US House of Representatives is planning to vote Friday on legislation approving the Keystone XL pipeline, It will be the tenth time since 2011 that the GOP-controlled chamber has passed measures approving the pipeline, which has been under review by the Obama administration for more than six years. The Senate is expected to begin consideration of a similar bill on Wednesday...
In his latest remarks on the Keystone XL pipeline President Obama repeated the dubious claim that the Canadian oil it will carry will be mostly shipped abroad with only "nominal" benefit for American consumers.
It seems as though the polarization of the United States is increasing. As issues continue to emerge, the spin is spun and citizens of this once united nation find themselves at odds with neighbors, friends, coworkers and even family. One recent issue involves the passage of the Keystone XL pipeline.
Will the U.S. shale boom turn out to be a bust? The recent decline in oil prices has left some questioning whether it can be sustained.