Energy Department Says US Is Now World's Top Oil ProducerSeveral states hit record production in August including Texas, which accounts for about 40 percent of U.S. crude
Senate Takes Up $145B Spending Bill To Fund Energy, VeteransThe Senate is taking up a $145 billion spending bill to fund the Energy Department and veterans' programs for the next budget year.
Energy Sec. Perry Taps U.S. Petroleum ReservesEnergy Department Secretary Rick Perry has moved to tap the strategic petroleum reserves to help relieve the gasoline shortages due to storm-related refinery shutdowns in south Texas.
Senate Panel Approves Rick Perry As Energy SecretaryThe Senate Energy and Natural Resources Committee has approved former Texas Governor Rick Perry to serve as Energy Secretary in President Donald Trump's administration.
Perry's Energy Confirmation Hearing Wraps Up On Light NoteIt was before Christmas last year when Donald Trump selected former Texas Go. Rick Perry to be Secretary of Energy. Perry testified on Thursday during his confirmation hearing.
Perry Would Bring Oil Industry Ties To Energy Department Former Gov. Rick Perry has close ties to the Texas oil industry. President-elect Donald Trump's pick for Energy secretary also has roles in two companies pushing for the proposed 1,200-mile crude oil pipeline that has stoked mass protests in North Dakota.
OPEC Sees Oil Prices Rising More Slowly Amid Glut Of Crude OPEC now sees oil prices rising more slowly over the next few years than it had expected, as the oversupply of crude takes longer to work off.
Energy Department Grows Less Bearish About US Oil ProductionThe decline in U.S. oil production may not be as severe as expected just a month ago.