Earlier in the year, before initial declines in service costs, Anadarko had estimated it would take $3 billion in capital expenditures to keep production levels flat. Now, Walker said, it would take about $2.7 billion, and there is still room for improvement.
Opponents of a proposed wind farm in Nantucket Sound have filed a federal lawsuit saying the state overstepped its authority when it brokered an agreement for a major utility to buy power from the project.
Unless President Barack Obama wants to give a big gift to “Big Oil,” he needs to personally intervene in a fight over the nation’s renewable fuels policy, a Republican Sen. Chuck Grassley said Tuesday.
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