Even with low prices, US oil industry pushing for exports

jeudi 29 janvier 2015

In this photo taken Dec. 19, 2014, oil pump jacks work in unison, in Williston, N.D. Never mind dropping oil prices. U.S. producers are pushing harder than ever for the right to sell U.S. crude oil overseas. It might seem counterintuitive: Oil prices are as low as they have been at any point since 2009 and the height of the Great Recession. Depending on the projection, prices could drop further still with slowing economies across the world. Oil producers are playing a longer game, betting that long-term demand remains strong and new markets offer lucrative rewards for U.S. producers. (AP Photo/Eric Gay) WASHINGTON (AP) — Never mind dropping oil prices. U.S. producers are pushing harder than ever for the right to sell U.S. crude oil overseas.








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Publié par style à 03:47
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