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Associated Press

A electric pumping unit removes crude oil from a  well outside South Heart, North Dakota. (Daniel Acker/Bloomberg)

North Dakota lawmakers to get update on state’s oil outlook

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The presentation to the House Appropriation Committee is slated for Thursday morning at the state Capitol in Bismarck.
(Luke Sharrett/Bloomberg)

EPA delays rule to cut carbon from new coal power plants

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Senate Majority Leader Mitch McConnell of Kentucky has vowed to overturn the emissions rules.
(Michael Stravato/The New York Times)

Shrinking foreign oil bill sends US trade deficit lower

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Economists predict that the oil market will continue to reduce the U.S. trade deficit and potentially bolster the overall economy.
Oil field workers in 2012  drill into the Gypsum Hills near Medicine Lodge, Kan.   U.S. Steel said Tuesday it will lay off about 750 employees from two plants that make tubular steel, which is used in oil and gas drilling(AP Photo/Orlin Wagner, File)

U.S. Steel to lay off 142 in Houston

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The workers make steel pipes and tubes used in drilling for oil and gas as well as construction.
Categories: Pipelines
(AP Photo/Charles Rex Arbogast, File)

Antero Resources to lay off more than 250 contract brokers

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An Antero representative says prices for natural gas liquids have been affected by a drop in crude oil prices.
Dan Patrick, Republican candidate for Lt. Governor addresses supporters during an election night watch party at the Norris Conference Center on Tuesday, Nov. 4, 2014, in Houston. (Smiley N. Pool/Houston Chronicle)

Incoming Lt. Gov. Patrick vows tax relief despite oil prices

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Patrick acknowledged Monday that the slowdown of the oil and gas industry is impacting sales tax collections that give lawmakers spending power.
Sen. James Inhofe, R-Okla. (AP Photo/Lauren Victoria Burke, file)

New Senate chairmen aim to undo Obama’s policies

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The likely ascent of Oklahoma’s James Inhofe, 79, represents one of the biggest sea changes on a Senate committee with Republicans in charge.
(LEON NEAL/AFP/Getty Images)

Libyan fighter jets bomb Greek tanker ship, killing 2

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Libya is split between a United Nations-recognized government in the east and Islamists who control Tripoli in the west.
A photo of a proposed wilderness area in Southern Utah. Anadarko Petroleum Company's plan to drill new natural gas wells in an area of the Uintah basin has been praised by some environmentalists for its incorporation of feedback from concerned parties. (Ray Bloxham/Southern Utah Wilderness Alliance)

Utah gears up for lands fight as deadline passes

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A Utah state report found that oil and gas leases would allow Utah to afford the $280 million annual cost of managing the land, but only if those prices remained high.
(AP Photo/The Bakersfield Californian, Casey Christie)

Low oil prices unlikely to hurt railroads much

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Carloads of crude oil spiked well over 4000 percent between 2008 and last year — from 9,500 carloads to 435,560 — as production boomed and the cost for a barrel of oil soared into the triple digits.