Posts Tagged

John Hess

At VIFreepBusiness NewsCaribbean NewsSt. Croix News

  The nation could be capable of sending 2.4 million barrels a day overseas by 2025 if the ban is lifted The United States will become one of the world’s largest oil exporters if domestic production continues to surge and policymakers lift a four-decade ban that keeps most crude from leaving

Read More
At VIFreepBusiness NewsSt. Croix News

While one can debate the reasons for the Organization of Petroleum Exporting Countries’ decision in November to continue flooding the oil markets, the fact is that this is squeezing many U.S. shale oil producers out of business. Oil prices have dropped by 50% in the past six months, and crude

Read More