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Oil

(credit: CBS 11 News)

Denton May Become First Texas City To Ban Fracking

Denton will consider a petition to ban fracking at its public hearing on Tuesday.

CBS 11–07/12/2014

(Photo credit FREDERIC J. BROWN/AFP/GettyImages)

Texas Retail Gasoline Prices Up 2 Cents This Week

AAA Texas on Thursday reported the average price at the pump reached $3.52 per gallon. Nationwide retail gas prices rose a penny, to hit $3.68 this week.

06/26/2014

Exxon Mobil CEO Rex Tillerson speaks at a press conference. (credit: Brian Harkin/Getty Images)

Exxon CEO: Oil Will Be Top Energy Source For Years

The CEO of Exxon Mobil Corp. says alternative fuels will grow but that oil will remain the world’s leading source of energy for another quarter century.

05/28/2014

A pipeline carries oil near Beaumont, Texas. (credit: Joe Raedle/Newsmakers via Getty Images)

New Safety Requirements For Keystone Pipeline

Safety regulators have quietly placed two extra conditions on construction of the Keystone XL oil pipeline after learning of potentially dangerous construction defects.

05/27/2014

(credit: KAREN BLEIER/AFP/Getty Images)

Sheriff: 2 Killed, 9 Hurt In Oil Field Explosion

A buildup of pressure caused an explosion as workers were changing a wellhead Wednesday at a West Texas oil field, killing two of them and injuring nine others, a sheriff said.

04/30/2014

GALVESTON, TX - MARCH 25: Workers with Garner Environmental Services clean up oil at East Beach on the Houston Ship Channel on March 25, 2014 in Galveston, Texas. Over 160,000 gallons of oil spilled from a barge On March 22, 2014 in Galveston Bay, closing the 50-mile Houston Ship Channel. (credit: Thomas Shea/Getty Images)

Experts: Gulf Oil Spill Won’t Affect Gas Prices

Things were as close to normal Wednesday since a barge spilled up to 170,000 gallons of oil into the Houston Ship Channel.

03/26/2014

(credit: KHOU 11 News)

Cleanup Of Thick Oil Spilled Into Galveston Bay Begins

The cleanup of an unknown amount of thick, sticky oil that spilled into the Galveston Bay blocked the movement Sunday of about 60 ships.

03/23/2014

(credit: CBS 11 News)

Little Known Pipeline Draws Debate in North Texas

It snakes through North Texas, buried or in the process of being buried, drawing little attention for anyone other than the people who live and work near it.

CBS 11–03/04/2014

Denton-Fracking

Plan Could Ban Fracking In One North Texas City

A citizens group in Denton announced plans Tuesday to try to ban hydraulic fracturing for natural gas.

02/18/2014

In this photo illustration a man refuels his car at a gas station. (credit: Getty Images/Miguel Villagran)

Retail Gas Prices Drop By A Penny Across Texas

Retail gasoline prices across Texas have dropped by a penny average this week to $3.09 per gallon.

01/30/2014

BP Petrol Station Logo

San Antonio Lawyer Seeks Hold On BP Spill Suit

A San Antonio lawyer being sued by oil giant BP over allegations that he falsely claimed to represent thousands of deckhands who lost money in the 2010 Gulf oil spill has asked a federal court to delay the lawsuit while a criminal investigation plays out.

01/17/2014

HL1  IRVING EARTHQUAKE

Earthquakes Lead Texas Agency To Hire Seismologist

A key Texas agency announced Tuesday it is hiring a seismologist, part of an effort to tackle a sudden increase in earthquakes in areas with significant oil and gas drilling activities.

01/07/2014

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