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US eases crude oil export ban, allows trade with Mexico

...falling oil production despite warnings from officials that Mexico could become a net importer if it doesn't explore new oil reserves.The move to trade crude with Mexico comes as the Obama administration weighs a long-delayed decision about whether...

http://chronicle.augusta.com/news/business/2015-08-14/us-allows-some-crude-oil-t
The shell game with oil

...Where's the logic in fencing off America's richest oil reserves today in exchange for the possibility of drilling in...Interior Department proposal would put half of America's oil reserves off limits by walling off more than 12 million acres...

http://chronicle.augusta.com/opinion/editorials/2015-02-13/shell-game-oil
Scots reject independence in historic vote

...that Scots could go it alone because of its extensive oil reserves and high levels of ingenuity and education. He said...from losing a substantial part of its territory and oil reserves and prevents it from having to find a new base for its...

http://chronicle.augusta.com/latest-news/2014-09-19/scots-reject-independence-hi
Obama needs to step up

...of income. We can stop their oil exports almost immediately. Despite what Obama is being told, we have sufficient oil reserves to last for years.I have a word of advice to good Muslims: The Quran, like the Bible, is subject to many different...

http://chronicle.augusta.com/opinion/letters/2014-09-04/obama-needs-step
Retired Gen. Norman Schwarzkopf dies

...CINC-Centcom" in 1988 and when Saddam Hussein invaded Kuwait three years later to punish it for allegedly stealing Iraqi oil reserves, he commanded Operation Desert Storm, the coalition of some 30 countries organized by then-President George H...

http://chronicle.augusta.com/news/2012-12-27/retired-gen-norman-schwarzkopf-dies
Unrest in Libya affecting prices

...speculation about the use of emergency oil reserves that have been touched only twice...And it has the largest proven oil reserves in Africa.The United States...industry had their eye on world oil reserves that can be tapped if production...

http://chronicle.augusta.com/news/business/2011-02-21/unrest-libya-affecting-pri
Business
Oil prices at highest mark in two years

...gasoline prices in the U.S. held steady overnight at a national average of $3.171 per gallon.Libya holds the most oil reserves in Africa and is the world's 15th-largest crude exporter at 1.2 million barrels per day, according to the Energy...

http://chronicle.augusta.com/news/business/2011-02-22/oil-prices-highest-mark-tw
Business
Tax cuts moved Americans to shop in February

...percent, and reducing their forecast for growth in the April-June quarter from 4 percent down to 3.5 percent.President Obama said Friday that he was prepared to tap the nation's emergency oil reserve should the situation demand it.

http://chronicle.augusta.com/news/business/2011-03-11/tax-cuts-moved-americans-s
Business
Obama says tapping petroleum reserve is an option

WASHINGTON --- President Obama said Friday he's prepared to tap the country's emergency oil reserve if necessary. But as gas prices climbed toward $4 a gallon, the president said the U.S. must adopt a long-term strategy...

http://chronicle.augusta.com/news/business/2011-03-11/obama-says-tapping-petrole
Business
Venezuela reminds us that not every land is the land of plenty

...says many Venezuelans "are wondering why this is happening to a self-proclaimed rich country with the largest proven oil reserves in the world."After living under Chavez's bent brand of socialism, they're really wondering why?Venezuela uses...

http://chronicle.augusta.com/opinion/joe-hotchkiss-columns/2013-06-02/venezuela-