Palin defends oil tax structure she championed

Former Alaska Gov. Sarah Palin defended as fair and commonsense the oil tax structure she championed while in office, a system that has been dismantled by state lawmakers and her successor, fellow Republican Sean Parnell.  More »

Railroad says federal order won’t affect oil shipments

The U.S. Department of Transportation required railroads to inform state emergency management officials about the movement of large shipments of crude oil.  More »

Oil falls to near $100 after China trade data

U.S. crude for June delivery fell 51 cents to close at $100.26 a barrel.  More »

China insists it has right to put rig off Vietnam

The United States warned both sides to de-escalate tensions and urged China to clarify its claims to the territory.  More »

N. Texas city could be first in state to ban hydraulic fracturing

A recently adopted temporary ban is in place until September, but hydraulic fracturing opponents want to make that permanent through an ordinance that would prohibit the practice in Denton.  More »

Oil rises as stockpiles fall

U.S. crude for June delivery rose $1.27 to close at $100.77 a barrel.  More »

Government issues emergency order on crude oil trains

The Transportation Department also is urging railroads to use the most protective type of rail tank cars to ship the oil.  More »

Oil little changed as traders await supply

U.S. crude for June delivery rose 2 cents to close at $99.50.  More »

Senate takes up energy bill amid Keystone squabble

The 79-20 vote to limit debate on an energy efficiency bill lost much of its significance as the two parties continued to argue over what amendments to allow on the measure, including the pipeline project.  More »

Planned gas pipeline to Mexico stirs controversy

The proposed pipeline is criticized as opening a new route for smugglers and immigrants illegally entering the country.  More »

Oil slips on China data; gasoline price declines

U.S. crude for June delivery fell 28 cents to close at $99.48 a barrel.  More »

Oil climbs as Ukraine fear outweighs China data

The price of oil climbed above $100 a barrel Monday as escalating tensions in Ukraine outweighed a fourth month of contraction in China’s manufacturing.  More »