The People of America's Oil and Natural Gas Indusry

Day 1 News from CERA Week

Mark Green

Mark Green
Posted April 21, 2015

IHS CERAWeek, one of the world’s top energy conferences, is going on in Houston this week.  Some news from Day 1

U.S. crude export ban is a sanction against ourselves, Murkowski says - Preserving the nation’s longstanding ban on oil exports while lifting trade restrictions against Iran amounts to “a sanctions regime against ourselves,” a top Republican senator told energy executives on Monday…“We shouldn’t lift sanctions on Iranian oil while we are keeping sanctions on American oil,” Murkowski said. “It makes no sense.”

Speakers envision a world of U.S. oil - Political and business leaders touted oil exports as a salve for an ailing industry worried about a coming flood of crude from Iran, as the United States' changing role in the global oil market

Researcher calls America the 'swing balancer' of supply - Financial markets underpinning the U.S. shale boom have emerged as the world's de facto regulator of global oil production, taking over from the Saudi Arabia-led cartel that effectively abdicated its decades-old role in November, a top researcher said Monday.

Five Energy Insights From IHS CERAWeek Conference - “What we’re going through right now is a business cycle. It’s not oil Armageddon.”

ABOUT THE AUTHOR

Mark Green joined API after a career in newspaper journalism, including 16 years as national editorial writer for The Oklahoman in the paper’s Washington bureau. Mark also was a reporter, copy editor and sports editor. He earned his journalism degree from the University of Oklahoma and master’s in journalism and public affairs from American University. He and his wife Pamela live in Occoquan, Va., where they enjoy their four grandchildren.