Oil has averaged $96 a barrel over the past four years, fueling more drilling, more hiring, and bigger appetites in North Dakota, Texas, Oklahoma and elsewhere. Now oil has hit a rough patch, plunging to $80 from $107
“The Pollan Family Table” is out now from CBS sister company Simon & Schuster. This excerpt shows their recipe for butternut squash soup with toasted pumpkin seeds.
Nelson Bunker Hunt, a Texas oilman who once tried to corner the silver market with his brothers only to see the move end in financial disaster, has died.
The drilling procedure called fracking didn’t cause much-publicized cases of tainted groundwater in areas of Pennsylvania and Texas, a new study finds. Instead, it blames the contamination on problems in pipes and seals in natural gas wells.
The Texas Railroad Commission has proposed new rules it says will more tightly regulate the states’ network of oil and gas pipelines.
Denton will consider a petition to ban fracking at its public hearing on Tuesday.
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.
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.
Safety regulators have quietly placed two extra conditions on construction of the Keystone XL oil pipeline after learning of potentially dangerous construction defects.
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.
Things were as close to normal Wednesday since a barge spilled up to 170,000 gallons of oil into the Houston Ship Channel.
The cleanup of an unknown amount of thick, sticky oil that spilled into the Galveston Bay blocked the movement Sunday of about 60 ships.