Keystone XL Pipeline Falls One Vote Short in Senate

Following last Friday’s House passage of H.R. 5682 which would approve the Keystone XL pipeline, the Senate considered an identical bill (S. 2280) yesterday. Unfortunately, the Senate fell one vote short of the necessary 60 votes to approve the pipeline.…
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Congress to Vote on Keystone XL Pipeline

November 13, 2014 From the Petroleum Marketers Association of America The House will vote tomorrow on H.R. 5682 which would bypass President Obama and approve the Keystone XL pipeline. The bill’s sponsor, Rep. Bill Cassidy (R-LA), is in a run-off…
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Falling Gas Prices May Boost Holiday Spending

ALEXANDRIA, VA — Declining gas prices may increase holiday spending this year — especially among men and those ages 18-34, according to a new national survey measuring consumer optimism.  For the first time in two years, a majority of men…
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Saudi Arabia’s price cut for U.S. oil may spark a global price war

November 10, 2014 ​LONDON – Saudi Arabia’s move to cut the price of oil heading to the United States, while increasing oil prices to European and Asian customers, has “injected fear into the oil markets,” reports OilPrice.com. With the price of…
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