While the administration has blocked the Keystone XL oil pipeline and retained the 1974 U.S. crude oil export embargo, reliable sources have revealed alternatives to keep major refining capacity operating at full strength.
The federal government's incomparable passion with the universal climate control is throwing a roadblock into a major American breakthrough in world light-oil exports and a straight path to final energy independence.
When looking into America’s economic future, a fast-growing world population expected to increase by 50% will likely generate a crude oil demand from 90 million bpd to at least 130 million bpd by 2030.
As the pundits, analysts, financial experts and self-styled business meteorologists gaze into their 2015 economic crystal balls, all seem to realize the 50% drop in oil prices has opened the door to dire consequences, whose fate has yet to be determined.
With corporate mergers and acquisitions in the doldrums of the post “great financial recession” aftermath, the increasing possibility of U.S. government action against the “tax inversion” dodge seems to have quickened a new wave of mergers and acquisitions.