America turned into a net oil exporter last week, breaking 75 years of continued dependence on foreign oil and marking a pivotal — even if likely brief — moment toward what President Donald Trump has branded as “energy independence.” The shift to net exports is the dramatic result of an unprecedented boom in American oil production, with thousands of wells pumping from the Permian region of Texas and New Mexico to the Bakken in North Dakota to the Marcellus in Pennsylvania.

Sections:  u.s.   
Topics:  Maine   Penobscot County   Bangor   
BING NEWS:
  • Oil settles down on US jobs data, steepest weekly loss in 3 months
    Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors weighed weak U.S. jobs data and possible timing of a Federal Reserve interest rate cut.
    05/3/2024 - 8:34 am | View Link
  • Closing prices for crude oil, gold and other commodities
    Gold for June delivery fell $1 to $2,308.60 per ounce. Silver for July delivery fell 14 cents to $26.69 per ounce, and July copper rose 8 cents to $4.56 per pound. The dollar fell to 152.94 yen from ...
    05/3/2024 - 8:23 am | View Link
  • Crude oil prices today: WTI prices are up 7.95% YTD
    WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...
    05/3/2024 - 3:27 am | View Link
  • Pioneer Natural Resources Responds to FTC Settlement Complaint Filed as Part of Approval of Proposed Transaction with ExxonMobil
    Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today issued the following statement in response to the decision by the U.S. Federal Trade Commission ("FTC") to clear the ...
    05/2/2024 - 2:35 am | View Link
  • Qatari banks $72 billion market cap leans on LNG gas potential
    The almost 20% historical valuation discount for Qatar's nine largest banks seems unwarranted given their balance-sheet strength and the country's robust macroeconomic environment.
    05/1/2024 - 8:42 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News