A flag flies otuside the headquarters building of XTO Energy Inc. in Fort Worth, Texas, U.S., on Monday, Dec. 14, 2009. (Matt Nager/Bloomberg)

Exxon Mobil affiliate to pay $2.3 million for pollution

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XTO Energy denies any liability for claims in the complaint. Regulators say XTO polluted waterways with natural gas drilling in West Virginia.
Dave Lesar, third from right, chairman and CEO of Halliburton, rings the Opening Bell at the New York Stock Exchange (NYSE) on November 18, 2014 in New York City. (Photo by Spencer Platt/Getty Images)

Halliburton, Baker Hughes overcame $3.3 billion divide to reach deal

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During the month-long bout of haggling between the two companies, Halliburton CEO Dave Lesar said a counter offer proposed by Baker Hughes “shocked me and is clearly one that we cannot accept.”
(AP Photo/Charles Rex Arbogast, File)

Oil patch towns looking to catch up with demands

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Williston Mayor Howard Klug says his city needs to “spend some big dollars out there” because it is four years behind on projects.
On Dec. 17, 2014, New York environmental conservation commissioner Joseph Martens, right, explains the department's findings on hydraulic fracturing during a cabinet meeting at the Capitol in Albany, N.Y. At left is acting health commissioner Dr. Howard Zucker.  (AP Photo/Tim Roske)

NY farmers lament lost opportunity for gas riches

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While environmental groups are doing a victory dance over New York’s decision to ban fracking, farmers such as apple grower David Johnson are grieving for dashed hopes and dreams.
(Johnny Hanson/Chronicle)

Exxon Mobil shows why U.S. oil output rises as prices plunge

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Oil companies, while trimming 2015 budgets to cope with the lowest crude prices in five years, are also shifting their focus to their most-prolific, lowest-cost fields.
(RJ Sangosti/The Denver Post via Getty Images)

Oil crunch could cost Texas 128,000 jobs, Fed model shows

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But falling oil wouldn’t be enough to slow the state’s job growth to zero.
(Eddie Seal/Bloomberg)

More than 500 rigs may shut down as oil slides, analysts say

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Rigs could begin to see less work starting early next year, following a 40 percent drop in the number of new U.S. drilling permits issued from October to November.
(StockMonkeys.com)

U.S. shale junk debt tumbles amid oil crunch

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Prices for the risky corporate bonds that have fueled the U.S. shale energy boom are plummeting as oil prices have fallen below $60 a barrel for the first time in more than five years.
dollar falling graph

Commentary: actions speak louder than words on oil prices

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FuelFix.com Voices blogger Matt Smith takes a look a prices. His starting premise: “With soooooooo much talk swirling about the current oil price drop, I feel compelled to focus less on the rhetoric and more on the data. So the vibe of this post lands somewhere inbetwixt Elvis Presley’s ‘a little less conversation, a little more action’ and one of my bosses favorite phrases: ‘In God we trust, all others must bring data’.”
This Aug. 11, 2014 file photo shows two strip clubs along Main Street in Williston, N.D. Williston commissioners voted unanimously Tuesday night, Dec. 9, 2014, to suspend the liquor licenses of the city's two strip clubs for the second time in two years due to what police say are an excessive number of complaints about disorderly behavior. (AP Photo/Josh Wood, File)

North Dakota oil town suspends booze licenses

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Commissioners also suspended the strip clubs’ licenses in 2013 for excessive calls for disorderly behavior.