Tag Archives: Oil Shortage

Obama rejects new oil pipeline, blames Congress

Obama rejects new oil pipeline, blames Congress WASHINGTON – President Obama yesterday rejected for now the proposed Keystone XL oil pipeline, saying the $7 billion project could not be adequately reviewed by the 60-day deadline set by Congress. While the … Continue reading

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New report says U.S. has largest fossil fuel reserves in world

I was raised around the oilfields of West Texas, South Louisiana and Oklahoma. This is a subject I am all too familiar with, so, let’s get down and dirty and talk about OIL! New report says U.S. has largest fossil … Continue reading

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Energy chief: Flat production behind oil prices

AOMORI, Japan (AP) – Nations should fight rising oil prices by cutting subsidies and vastly increasing investment in energy, while oil-producing countries need to ramp up output and divulge more information about how much they produce, the U.S. energy secretary … Continue reading

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