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Oil

Keystone XL Pipeline (Photo by Tom Pennington/Getty Images)

Both Sides In Keystone XL Debate Bend Facts

Let’s check some of the claims about the pipeline as a bill approving it heads toward likely passage by the Republican-led Senate and a veto by President Barack Obama.

01/29/2015

Texas State Capitol

Plunging Oil Prices To Impact Texas Revenue

Plunging oil prices are expected to dampen how much money state lawmakers will have to spend when the Texas Legislature returns to work in Austin this week.

01/12/2015

A "House For Sale" sign is visible in front of an existing home. (credit: Tim Boyle/Getty Images)

Oil Bust Will Hurt Housing In Texas

The oil boom that lifted home prices in Texas, Oklahoma and Louisiana is coming to an end. But history shows that it takes time for home prices in oil country to change course.

01/09/2015

(credit: Getty Images/Justin Sullivan)

Texas Outpaced Nation In Job Growth

West Texas oil country led the nation in job growth last month with the largest year-over-year percentage gains in employment even as oil prices tumbled.

12/30/2014

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

Falling Oil Prices Raise New Concerns For States

Plummeting oil prices may add a little jingle in the pockets of holiday shoppers and travelers but are raising financial worries in some states that had been tapping into surging oil tax revenues.

12/11/2014

A sign at an Exxon gas station in Miami, Florida. (credit: Eric Thayer/Getty Images)

Exxon Sees Abundant Oil & Gas In Future

North America will be supplying the world with oil and other liquid hydrocarbons by the end of this decade, according to Exxon Mobil’s annual long-term energy forecast.

12/09/2014

Gas pump

DFW Gas Prices Falling In Time For The Holidays

As holiday shoppers look for deals the best one could be found at the gas station.

CBS 11–11/28/2014

(Photo by David McNew/Getty Images)

Oil Boom Brings New Focus To Univ. Of Texas’ Land

he University of Texas System owns 2.1 million acres of land, most of it in oil-rich West Texas where royalty payments have soared past $1 billion each year.

11/28/2014

(Photo by Chip Somodevilla/Getty Images)

Senate Democrats Reject Bill To Build Keystone XL Pipeline

The Democrat-controlled Senate has defeated a bill to approve the Keystone XL oil pipeline. The Senate’s 59-41 vote Tuesday night was a nail-biter to the end.

11/18/2014

FRACK-FREE-DENTON

Denton Residents Get Ready For Fracking Legal Battles

The City of Denton said there are already two lawsuits pending against the fracking ban and more are likely to follow.

11/05/2014

File photo of Denton Anti Fracking group (Image CBSDFW.COM)

Denton Voters Approve Proposal To Ban Fracking

Voters in Denton have approved a proposal to ban fracking for oil and gas, making it the first city in Texas to do so.

11/04/2014

(Photo by David McNew/Getty Images)

Low Oil Prices Send Chills Through Oil Patch

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

11/03/2014

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