Richard Valdmanis
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Position: Journalist
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U.S. oil drilling slumps, domestic production at risk
A slump in U.S. oil drilling activity due largely to weak prices could thwart the Obama administration's goal of cutting crude imports by putting a dent in future production, analysts have said. Below ... Full Article | Comments [3]
Gasoline catching up with diesel
The amount of money a U.S. refiner can make producing gasoline in the United States has improved in recent weeks relative to diesel thanks to gasoline production cuts and a heavy downturn in diesel demand ... Full Article
American drivers hitting the brakes?
Americans are notorious for their love of the open road, but it seems like high gasoline prices and a souring economy are cooling the affair. A U.S. government report on Monday showed U.S. drivers cut ... Full Article | Comments [5]
