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2. Fact-check: Is domestic oil more affordable than imported oil?

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3. Why oil prices have plunged 3% today - AOL

   www.aol.com/why-oil-prices-plunged-3-164258897.html

   Why oil prices have plunged 3% today. ... 2024 at 12:42 PM. A gas flame is seen in the desert near the Khurais oilfield, about 160 km (99 miles) from Riyadh. ... Show comments. Advertisement ...

4. West Texas Intermediate - Wikipedia

   en.wikipedia.org/wiki/West_Texas_Intermediate

   West Texas Intermediate (WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX).

5. Price of oil - Wikipedia

   en.wikipedia.org/wiki/Price_of_oil

   Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...

6. Petroleum in the United States - Wikipedia

   en.wikipedia.org/wiki/Petroleum_in_the_United_States

   Until the 1960s, the price of oil was relatively stable, and the world market could cover the excess demand of oil in the U.S. However, in 1973, the price of oil increased due to the Arab oil embargo against the U.S., following the nation's support of Israel in the Yom Kippur War. During that time, Arab oil producers reduced production by 4.4mb ...

7. What is fracking? Domestic oil, gas production will be big ...

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   U.S. President Donald Trump delivers a speech during a tour of the Double Eagle Energy Oil Rig in Midland, Texas, U.S., July 29, 2020.

8. Strategic Petroleum Reserve (United States) - Wikipedia

   en.wikipedia.org/wiki/Strategic_Petroleum...

   The Department of Energy unveiled plans to purchase oil at a price of $79 per barrel or less, but has since purchased oil at higher prices. As of April 2024, further purchases were cancelled due to rising oil prices. [10] [15] According to legislation already in place, the amount of oil in the reserve could fall to 238 million barrels by 2028. [16]

9. Oil Price Information Service - Wikipedia

   en.wikipedia.org/wiki/Oil_Price_Information_Service

   Oil Price Information Service (OPIS) is a price reporting agency which provides information that is used for commercial contracts and trade settlement related to petroleum, gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, natural gas, petrochemicals, recycled plastics, refinery feedstocks, residual fuel, and kerosene.