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A Meaningless Poll on Global Warming

The New York Times, Stanford University, and Resources for the Future recently collaborated on a public opinion poll on global warming.  The Times then ran a long article stating that “ an overwhelming majority of the American public, including half of Republicans, support government action to curb global warming.”  Surprise, Surprise! For over 20 years, […]  More »

Legal battles from 2010 spill to unfold in 2 U.S. courtrooms

On Monday, trial resumes in a federal district courtroom where BP and a minority partner in its ill-fated Macondo well are trying to fend off billions in Clean Water Act penalties.  More »

Refinery strikes unlikely to move gasoline, oil prices

Steelworker strikes that began Sunday at seven U.S. oil refineries and two chemical plants have a slim chance of pumping up gasoline or crude prices dramatically in the near future, analysts say.  More »

Workers at three local refineries on strike

Workers at three area refineries and two other local facilities went on strike early Sunday after the Steelworkers union failed to reach a contract deal with industry negotiators.  More »

Union not happy with latest company offer in refinery negotiations

At 12:01 a.m. Sunday, contracts covering 30,000 workers at refineries, pipelines, oil terminals and petrochemical plants nationwide —including about 5,000 in Houston — are set to expire.  More »

Economist: Texas could lose hundreds more rigs

A prominent oil economist says Texas could lose 50,000 upstream jobs as a result of low oil prices.  More »

Oil rig count falls by 94 in biggest drop since 1987

Petroleum producers released 94 oil rigs this week as sub-$50 oil continued to wreak havoc on the oil industry, Baker Hughes reported Friday.  More »

ConocoPhillips tells employees to expect layoffs

The Houston-based company did not detail how many workers would be let go or when the layoffs could take place.  More »

LNG exports gain momentum on Capitol Hill

The moves come right as low oil prices weaken the economic case for U.S. liquefied natural gas.  More »

Enterprise Products profit slips slightly

Enterprise Products Partners L.P. said fourth-quarter net income fell slightly in 2014 compared to the same period last year.  More »

ConocoPhillips cuts spending again, reports earnings loss

The company will defer drilling and exploration plans in the U.S. and major project spending in general. It still expects to grow production by 2-3 percent, excluding Libya.  More »

House votes to speed up LNG exports

The House-passed bill would give the Energy Department a 30-day deadline to decide whether to grant licenses to broadly export liquefied natural gas, even as the Senate rejected a more aggressive proposal.  More »

Three oil majors team up on Gulf megaproject

The collaboration reflects the steep technological and financial hurdles to commercially producing oil from 23-million-year-old Paleogene rock more than five miles below the surface of the sea.  More »

Vessel weighs anchor as oil dispute hangs in scales of justice

An oil tanker that’s sat off the coast of Galveston since July amid an international legal dispute is finally leaving.  More »

Obama to seek wilderness designation for Alaska refuge

President Barack Obama is boosting protection of Alaska’s Arctic National Wildlife Refuge and will ask Congress to designate more than 12 million acres as a wilderness area, including its potentially oil-rich Coastal Plain.  More »
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