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Associated Press

Louisiana. Gov. Bobby Jindal and oil industry leaders condemned the suit as an attack on a vital industry. (AP Photo/ Richard Shiro)

Jindal appeals ‘Big Oil’ suit to high court

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A fight over whether oil companies may be sued over damage to Louisiana’s coastal marshes has been appealed to the state’s high court.
In this photo from Jan. 6, 2015, steam blows over the Green Plains ethanol plant in Shenandoah, Iowa. Roughly 100 trucks a day filled with corn flow into this ethanol plant in southwest Iowa even as crude oil prices continue to collapse. Oil prices may have dipped below $50 a barrel for the first time since April 2009, but ethanol plants across the nation continue to operate at a brisk pace in order to satisfy a domestic and export demand that hasn’t weakened. (AP Photo/Nati Harnik)

Oil could drive down ethanol profits, but industry shielded

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Oil prices may have dipped below $50 a barrel for the first time since April 2009, but ethanol plants across the nation continue to operate at a brisk pace in order to satisfy a domestic and export demand that hasn’t weakened.
In this picture released by the official website of the office of the Iranian supreme leader, Supreme Leader Ayatollah Ali Khamenei, from right, meets Venezuelan President Nicolas Maduro as Iranian President Hassan Rouhani sits next to them at Ayatollah Khamenei's residence in Tehran, Iran, Saturday, Jan. 10, 2015. A portrait of the late Iranian revolutionary founder Ayatollah Khomeini hangs on the wall. As Venezuelan President Maduro visits Iran, both countries have vowed to work together to stabilize falling global oil prices. (AP Photo/Office of the Iranian Supreme Leader)

Iran and Venezuela seek oil price stability

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Iran and Venezuela vowed Saturday to work together to stabilize falling global oil prices as Iran’s supreme leader accused “enemies” of using crude prices as a political weapon
(AP Photo/Richard Drew, File)

NY fracking ban seen as having little impact on supply

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Scientists say New York’s available reserves of natural gas in the sprawling Marcellus Shale are minuscule compared to what can be extracted in other states such as Pennsylvania and West Virginia.
(StockMonkeys.com/Flickr)

Appeals court won’t rehear a BP oil spill liability argument

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A federal appeals court has refused to reconsider its 2014 ruling that BP cannot avoid federal penalties for the 2010 Gulf of Mexico oil spill by blaming another company’s failed equipment.
(AP Photo/Scott Eells)

Gov. Perry: Falling oil prices ‘painful’ for parts of Texas

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Addressing a conservative forum Friday in Austin, Perry said Texas has diversified its economy since the 1980s when an oil bust brought economic misery to much of the state.
Waiting For Bust

Texas city that prepared for oil boom now waits for bust

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Sweetwater envisioned becoming a major player in the hydraulic-fracturing boom, thanks to its location atop the Cline Shale, once estimated to be the nation’s largest underground petroleum formation.
pemexlogo

Mexico’s Pemex proposes to import U.S. crude

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Pemex said it would simply trade heavier Mexican crude for light U.S. oil.
Categories: Crude oil, Latin America
(Eddie Seal/Bloomberg)

Obama administration sued over Gulf of Mexico fracking info

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The lawsuit says the Bureau of Ocean Energy Management has refused to comply with the group’s federal public records request.
Senator Lisa Murkowski (2nd R), R-AK, speaks during a a press conference on the Keystone XL pipeline in the Dirksen Senate Office Building on February 4, 2014 in Washington, DC. Looking on are (from left): Senator Mary Landrieu, D-LA, Senator Joe Manchin, D-WV, and Canada's Ambassador to the US Gary Doer.  AFP PHOTO/Mandel NGANMANDEL NGAN/AFP/Getty Images

Senate panel takes up pipeline bill despite veto threat

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Energy and Natural Resources Chairman Lisa Murkowski says lawmakers shouldn’t be deterred by President Barack Obama’s threat. She notes the bill has Democratic supporters and came within one vote of passing last year.