Topic - Maria Van Der Hoeven

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  • **FILE** President Obama visited the TransCanada Stillwater Pipe Yard in Cushing, Okla., in March 2012. Embarking on a second term, he faces mounting pressure on a decision he put off during his re-election campaign: whether to approve the proposed Keystone XL oil pipeline between the U.S. and Canada. (Associated Press)

    U.S. pumps up oil production as demand rises in developing world

    The rapid growth of U.S. oil production is transforming global markets and easing supplies just as China and the rest of the developing world move to overtake the developed world for the first time in consumption, the International Energy Agency reported Tuesday.

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