Tag Archives: chris termeer

Iraqi Daily Crude Oil News

Iraqi Daily Crude Oil Exports Drop 3.7% in June. The Oil Ministry reported that without providing a reason for the decrease, Iraq, possessor of the world’s third-biggest oil reserves, exported 3.7% less crude oil in June that it did just a month before in May.The ministry elaborated in an e-mail statement that after the drop, [...]

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Offshore Drilling Package Future Unclear

Offshore Drilling Package Future Unclear

Democrats are in danger of having the legislation fail, since oil-state and Blue Dog Democrats are siding with Republicans, who are almost-universally opposed to it. The bill would ensure more stringent standards imposed on offshore drilling practices, as well give presidential commission full veto power over all oil investigations. The Gulf’s restoration would also benefit [...]

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