Stories Related to U.s. Report: Oil Imports Down, Domestic Production Highest Since 2003

Against the backdrop of gasoline prices rising at the pump in an election year, a new Obama administration report cites “significant progress” in reducing foreign oil imports and increasing domestic oil and gas production.

Sections:  news   business   
RELATED ARTICLES
  • Real 'Fault in Our Stars' couple reunited by hope
    Katie and Dalton Prager, a young couple who both have cystic fibrosis, celebrated happy news when they reunited Tuesday afternoon after nearly five months apart: Katie is on her way to getting a lifesaving lung transplant. More
  • Portman among 47 GOP senators to sign letter to Iran
    WASHINGTON — In a move Democrats denounced as trying to sabotage the Obama administration’s foreign policy, Sen. Rob Portman and 46 other Senate Republicans yesterday warned Iran’s leadership that any agreement to limit Tehran’s apparent efforts to build a nuclear bomb would need Senate approval to stay in effect beyond 2016. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • Stocks surge to new highs after hiring climbs
    A big gain in the job market is lifting the stock market to new milestones. The Dow Jones industrial average crossed 15,000 for the first time early Friday, and the Standard and Poor's 500 index, a broader market measure, broke through 1,600 for the first time. More
  • Unemployment falls to 7.5%; job creation solid in April
    The job market plugged along steadily, and unemployment fell in April, according to new data out Friday, suggesting that the U.S. economy is still expanding. The nation added 165,000 jobs in April as the unemployment rate fell to 7.5 percent, from 7.6 percent in March, the Labor Department said on Friday. More
BING NEWS:
  • Manufacturing PMI® at 49.2%; April 2024 Manufacturing ISM® Report On Business® — Textile Mills Reported Growth
    TEMPE, Ariz. — May 1, 2024 — Economic activity in the manufacturing sector contracted in April after one month of expansion following 16 consecutive months of contraction, say the nation’s supply ...
    05/3/2024 - 5:53 am | View Link
  • Oil Prices Under Pressure as Bearish Sentiment Builds
    Oil prices are under pressure after the latest U.S. economic data raised the likelihood of higher-for-long interest rates, raising demand concerns.
    05/3/2024 - 3:45 am | View Link
  • Heavy oil shortage spells higher cost for shippers, road builders
    Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners' costs with a likely knock-on effect to ...
    05/2/2024 - 6:04 pm | View Link
  • U.S. trade deficit hovers near highest level in almost a year
    The trade deficit was flat in March at a nearly one-year high, capping off a first quarter in which a bigger shortfall acting as a drag on the ...
    05/2/2024 - 2:05 am | View Link
  • A U.S. ban on Russian uranium could shape nuclear fuel markets for ‘years to come’
    Coal, oil, and natural gas imports were banned from Russia ... producers are in any position to increase production in the near future. Even so, “utilities could now be further incentivized to promote ...
    05/2/2024 - 12:06 am | View Link
  • More

 

Comment On This Story

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 Business News