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In a letter to the Pipeline and Hazardous Materials Safety Administration on Monday, Central Arkansas Water said Exxon Mobil doesn’t understand the weight of the situation.
California’s attorney general has added her name to the long list of parties suing Southern California Gas Co. over a massive out-of-control natural gas leak.
A recovery in oil prices depends on when supply and demand can get close to equilibrium. It could be a rocky ride.
Last month, the price of oil fell below $30 a barrel, causing the ruble to plunge to record lows.
The Santa Barbara County Planning and Development Department endorsed the proposal, which lets Exxon Mobil run up to 30 truck trips a day for as long as six months to move the marooned crude.
The Legislature’s record-high $14.4 billion budget for the two years that began July 1 was built on oil prices and economic assumptions that have fallen “much greater than anyone would have predicted,” the governor said.
The current downturn in Wyoming’s energy industry so far has not reached the severity of the bust that hit the state in the mid-1980s.
Officials from several New Jersey shore towns joined with some members of the state’s congressional delegation Sunday to oppose federal plans that would allow oil and gas drilling in the Atlantic Ocean.
The government will study whether the practice is safe for the environment.
The price of oil rose 6 percent Thursday as the Russian government continued talks with Saudi Arabia and OPEC about cutting production.