Mayor: Town dodged a bullet in crude train explosion

A southeastern North Dakota town narrowly escaped tragedy when a train carrying crude oil derailed and exploded nearby, the mayor said Tuesday, calling for changes in how the fuel is transported across the U.S.  More »

Air quality improving after oil train fire in North Dakota (photos)

Many residents evacuated a southeastern North Dakota town overnight after a train carrying crude oil derailed and exploded, and officials warned that acrid smoke could blow into the area.  More »

Home electricity use in US falling to 2001 levels

The average amount of electricity consumed in U.S. homes has fallen to levels last seen more than a decade ago, back when the smartest device in people’s pockets was a Palm pilot and anyone talking about a tablet was probably an archaeologist or a preacher.  More »

Authorities: Oil train apparently hit grain car before explosions (video)

BNSF Railway spokeswoman Amy McBeth says the several rail cars from the mile-long oil train derailed and caught fire at about 2:10 p.m. Monday less than a mile from the city.  More »

Crude oil settles below $100 in thin trading

Benchmark U.S. crude ended the day down $1.03, closing at $99.29.  More »

Survey finds few know what fracking really is

In a recent survey published by researchers at Oregon State, George Mason and Yale universities, more than half of respondents reported knowing little or nothing of fracking. And almost 60 percent of those surveyed said they had no opinion on the subject.  More »

Utilities fight back as rooftop solar heats up

With bills for 1,600 square foot houses like these running as high as $400 a month, solar is seen as less a green statement than an economic no-brainer given state and federal tax credits for as much as 65 percent of installation costs.  More »

Bicycles will help power Times Square’s New Year’s Eve bash

Bicycles installed in Times Square are being connected to 12-volt deep cycle batteries that will help illuminate the famed ball that will descend New Year’s Eve.  More »

Oil little changed in thin Asian trading

Oil prices were little changed in thin Asian trading Monday amid anticipation of the New Year’s holidays as well as stable energy demand in the U.S.  More »

Rig count down for the week

Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 11 this week to 1,757.  More »

Crude oil settles above $100 a barrel

It the first time oil crossed that threshold since October.  More »

Targets in BP settlement inquiry assail findings

The targets of former FBI director Louis Freeh’s inquiry are questioning his independence  More »