Oil and Gas
Fort Worth is enforcing new rules for operators hunting down natural gas deposits in the city.
Houston-based ConocoPhillips, the nation’s third-largest oil company, said Thursday that it will split itself into two separate publicly traded companies and its CEO and Chairman Jim Mulva plans to retire.
Residents in Ponder have a new neighbor. Devon Energy has set up a gas drilling site just 400 feet from the neighborhood’s fences.
A scathing new report accuses Texas of not protecting its residents from possible dangers of gas drilling.
Just in the last week, gas prices in North Texas jumped 12 cents. A gallon of regular unleaded now costs an average of $3.79. But consumers and businesses aren’t feeling the impact at just the pump alone.
It pains John Benda of Fuel City Wash on Riverfront Blvd. to constantly have to raise his prices.
A legislative committee is considering a bill that would make Texas the first state to demand gas drillers make public the chemicals they use to shatter and permeate thick rock formations.