(AP file photo)

What to watch for in the State of the Union

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As President Barack Obama delivers his penultimate State of the Union address Tuesday night, will he be the president who took aim at the oil industry’s tax breaks in 2009 or the one who celebrated natural gas just three years later?
Senator Charles Schumer, a Democrat from New York, from left, Senator Al Franken, a Democrat from Minnesota, and Senator Edward "Ed" Markey, a Democrat from Massachusetts, hold a news conference on Keystone XL pipeline amendments at the U.S. Capitol in Washington, D.C., U.S., on Tuesday, Jan. 20, 2015. Senate Democratic leaders will push hard for full Senate vote on an amendment to Keystone XL pipeline legislation that puts all senators on record on their views about whether carbon emissions spark climate change, said Schumer. Photographer: Andrew Harrer/Bloomberg

Oil producers lobby against export vote

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U.S. oil producers are warning against an amendment aimed at blocking the export of Canadian crude transported by Keystone XL.
Sen. John Thune, R-S.D., left, and Senate Minority Whip John Cornyn of Texas, right, listen as Senate Minority Leader Mitch McConnell of Ky., center, speaks during a news conference on Capitol Hill in Washington, Tuesday, Nov. 18, 2014. (AP Photo/Carolyn Kaster)

Senate tees up votes on Keystone XL, exports, climate

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The chamber is expected to vote on as many as three amendments to GOP-backed legislation to authorize the TransCanada Corp. pipeline on Tuesday, with more than four dozen other possibilities on the horizon.
(Alexander Zemlianichenko Jr./Bloomberg)

Exxon begins production from Russian field

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The entire project has a total daily production of more than 200,000 barrels.
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FILE - In this Oct. 24, 2014 file photo, then Alaksa gubernatorial candidate Bill Walker answers a question during a debate in Anchorage, Alaska. Walker, now Governor, has said Alaska this year stands to pay out about $100 million more in oil and gas credits than the production tax brings in. (AP Photo/Mark Thiessen, File)

Alaska faces lean budget times as oil prices plunge

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Alaska heavily relies on oil revenue to fund the cost of state government, but the fall in prices has contributed to an estimated 80 percent decline in the state’s share of production taxes from last year.
(Alexander Klein/AFP via Getty Images)

Meeting between Iran and Saudi Arabia foreign ministers delayed

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A meeting between the foreign ministers of OPEC’s Iran and Saudi Arabia was delayed in part due to discord over falling crude prices, said Hossein Amir-Abdollahian, Iran’s deputy foreign minister for Arab and African affairs
(AP file photo/Grand Forks Herald, Eric Hylden)

State Dept. gives agencies 2 weeks to comment on Keystone

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Federal agencies have been given a Feb. 2 to provide advice on whether to move forward with the hotly debated Keystone XL pipeline.
(StockMonkeys.com/Flickr)

TransCanada sued again by Nebraska landowners over Keystone path

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Dual complaints were filed Friday against the Calgary-based company in state courts in York and O’Neill, Nebraska, by David Domina, the lawyer whose prior effort to halt construction of the 1,179-mile conduit was defeated by a cadre of judges who ruled his clients hadn’t established their legal right to sue.
U.S. Senator John Cornyn speaks to the audience at the GOP election night party in Austin on Tuesday, Nov. 4, 2014. (Kin Man Hui/San Antonio Express-News)

Beaumont event touts benefits of Keystone XL

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Crude has long coursed from Canada to Oklahoma through the existing Keystone pipeline. Southeast Texas connected to that line in January last year when the Keystone XL southern leg ending in Nederland was complete, and Gulf Coast plants are already refining crude from Canadian fields.
(Michael Stravato/The New York Times)

Report: Crude exports would boost production, lower gas prices

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This is the first report to examine the issue in light of the recent decline in oil prices, now slashed to less than half their June 2014 high.