Oil

President Joe Biden is ordering the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months in a bid to control energy prices

President Joe Biden is preparing to order the release of up to 1 million barrels of oil per day from the nation’s strategic petroleum reserve in a bid to control energy prices.

The Biden administration has recommended an overhaul of the nation’s oil and gas leasing program to focus on areas that are most suitable for energy development and raise costs for energy companies to drill on public lands and water

The U.S. Interior Department on Wednesday will auction vast oil reserves in the Gulf of Mexico estimated to hold up to 1.1 billion barrels of crude.

After a crude oil sheen was detected on the waters off the Southern California coast, environmentalists feared the worst. A week later, Orange County and its signature beaches have been spared a potentially calamitous fate, though the long-term toll on plant and animal life remains unknown.

Portland's Bureau of Development Services has been given an end-of-August deadline to decide whether to gran Zenith Energy company the permits it needs to continue operations in the city.

Canadian oil has found a new route to Asia: It’s moving by rail through Washington to a shipping terminal in Portland.

The long-proposed Vancouver Energy oil terminal project officially died Tuesday. Vancouver, Washington, port commissioners made it official by unanimously voting to cancel the lease.

Sen. Maria Cantwell, D-Washington, wants coastal waters off Oregon and Washington removed from a federal draft plan for offshore oil and gas drilling.

The Port of Vancouver’s Board of Commissioners voted unanimously Tuesday to put a March 31 end date on a lease with Vancouver Energy.