In trying to balance the competing interests of oil companies and biofuel producers, the Environmental Protection Agency’s proposed renewable fuel quotas for 2014, 2015 and 2016 have pleased almost no one.
A record cut to the number of active U.S. drilling rigs and billions of dollars of spending reductions by companies since last year’s price plunge has yet to translate into a slump in barrels produced.
The Fayetteville Shale in Arkansas will be one of the nation’s most prolific regions for natural gas production, with reserves that can be economically extracted through 2050, according to a study released this week.
A group of Bay Area environmentalists wants to slap warning stickers on gasoline pumps, telling drivers that the fuel they’re buying is cooking the planet. The stickers would constantly remind consumers of the link between driving and climate change.
Chevron Corp. said its oil and gas production fell in the first two months of the fourth quarter because of planned maintenance and other downtime at facilities in the Gulf of Mexico, Australia and Angola.
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