Celeb fracking group not registered
Dozens of celebrities may be running afoul of the law as they unite under the banner of one group that is seeking to prevent a method of gas drilling in New York state. More »
BNK Petroleum sells Okla. property to Exxon unit
California-based oil and gas producer BNK Petroleum Inc. on Sunday said it reached a deal to sell property in Oklahoma to a unit of Exxon Mobil Corp. for $147.5 million. More »
Pa. pushes drillers to fracture with coal mine water
Each day, 300 million gallons of polluted mine water enters Pennsylvania streams and rivers, turning many of them into dead zones unable to support aquatic life. At the same time, drilling companies use up to 5 million gallons of fresh water for every natural-gas well they frac. More »
Obama:Fund biofuel research with oil drilling revenue
Envisioning cars that can go “coast to coast without using a drop of oil,” Pres. Obama on Friday urged Congress to authorize spending $2 billion over the next decade to expand research into electric cars and biofuels. More »
University wants to fund research with fracking
The University of Tennessee is requesting state permission to drill in an outdoor laboratory, raising the hackles of environmentalists who question the goal of raising funds to research the environmental impact of such drilling. More »
Natural gas jumps more than 3 percent
The government said supplies of natural gas are nearly 20 percent below year-ago levels. More »
Dynegy buying Ill. coal plants from Ameren
Power producer Dynegy is buying five coal power plants from utility Ameren to increase its power generation capabilities in Illinois and will assume $825 million in Ameren’s debt. More »
Texas retail gasoline prices down 4 cents
AAA Texas on Thursday reported the average price at the pump is $3.54 per gallon of regular unleaded gas. The current national average is $3.70. More »
BP contractor finds cement samples midtrial
A lawyer for the cement contractor on the Deepwater Horizon drilling project says the company has found cement samples possibly associated with BP’s Macondo well that weren’t turned over to the Justice Department for testing. More »
Analysis puts price of oil tax plan at up to $1.3B
A Senate proposal to overhaul Alaska’s oil tax structure could cost the state up to $1.3 billion next year, hundreds of millions more than plans put forth by Gov. Sean Parnell and a different Senate committee, according to an analysis released Wednesday. More »
Obama: Keystone XL pipeline not major jobs creator
Jobs numbers and other benefits touted by supporters of the Keystone XL oil pipeline are probably exaggerated, President Barack Obama told House Republicans on Wednesday, according to lawmakers who attended the closed-door meeting. More »
Study: Oil industry economic impact pegged at $30B
The economic impact of North Dakota’s oil industry has increased nearly sevenfold between 2005 and 2011, from $4.4 billion to $30.4 billion, according to a study from North Dakota State University. More »
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