10-3-14
CBC. Oil prices may be at a two-year low, but that doesn’t seem to be dampening the spirits at the International Pipeline Exposition in Calgary. Cryopolitics by Mike Bennett. On September 26, ConocoPhillips‘ Polar Discovery departed the Valdez Marine Terminal in Alaska for Yeosu, South Korea. ... The 1975 Energy Policy and Conservation Act, passed during the oil embargo to protect American consumers from price shocks and volatility, generally prohibits U.S. oil from export. Debate over the practicality of the law has grown in recent years, especially thanks to the hydraulic fracking boom in North Dakota. [...]


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