The South Coast Air Quality Management District sued the utility for creating a public nuisance. The lawsuit, filed in Los Angeles County Superior Court, further contends that “as a result of their negligence, people were injured,” said Kurt Wiese, the agency’s general counsel.
Houston drivers haven’t paid less on average than Abu Dhabi pump prices since 2008, according to data.
Some business deals are ready to be inked but others are still in negotiation as a few sanctions not related to the nuclear program remain in place, particularly by the U.S., on the trade of goods that could be used for military or intelligence purposes.
Higher oil prices and some positive earnings news from U.S. companies are helping to send the stock market higher.
Saboteurs represent the latest hassle Western Canada faces in getting its crude to coastal markets as plans to build new pipelines are stymied by environmental and legal challenges.
Joint ventures between oil and gas explorers in the U.S. and their foreign counterparts helped fuel the shale boom. They’re coming back in a new iteration for the bust.
Texas manufacturing activity fell the fastest in 11 years this month as crude prices crashed and the dollar rose, the Federal Reserve Bank of Dallas said Monday, after several months of reporting signs of an impending slowdown.
The justices ruled 6-2 on Monday that the Federal Energy Regulatory Commission had the authority to issue directives aimed at conserving energy and preventing blackouts.
Chevron fell 2 percent shortly after the opening bell Monday and Exxon Mobil lost more than 1 percent.
The head of the Organization of Petroleum Exporting Countries said he wants oil producers outside the group to assist in reducing the global oversupply, signaling once again that OPEC won’t make output cuts alone.