The International Energy Agency said despite the current slow demand for gasoline, U.S. consumption should rise 300,000 barrels a day this summer, Bloomberg reports.
LANSING, Mich. (AP) — The worst may be over for drivers in the upper Midwest who have been grappling with the highest gasoline prices in the continental U.S.
The American Petroleum Institute said the EPA ignored federal law by shortening the public comment period for its regulation to cut sulfur content in fuel, The Hill reports.
WASHINGTON (AP) — A plunge in the cost of gas drove down a measure of U.S. consumer prices last month by the most since December 2008. Excluding the drop in fuel costs, prices were largely unchanged.
NEW YORK (AP) — Hess Corp. will split the positions of CEO and chairman as it fights off a campaign by a major shareholder for a change in leadership at the New York energy company.
The Senate Energy and Natural Resources Committee approved a bill that would alter the sale of helium from the Federal Helium Reserve, Roll Call reports.
A number of environmental and health groups filed a lawsuit against the Environmental Protection Agency to force a review of the agency's smog pollution standards, The Hill reports.
Amendments to the House version of a five-year farm bill up for debate would require farmers to follow conservation guidelines to qualify for crop insurance subsidies, E&E reports.
The Nuclear Regulatory Commission proposed charging the Tennessee Valley Authority a $70,000 fine for quality violations at the Watts Bar Nuclear Plant, The Associated Press reports.
Ash Grove Cement Co., based in Kansas, agreed to pay a $2.5 million penalty and invest $30 million in air pollution controls to settle EPA air pollution allegations, The Associated Press reports.
Friends of the Earth aired a television advertisement criticizing Sen. Lindsey Graham, R-S.C., for supporting the Savannah River MOX facility in his state, The Associated Press reports.
Canadian investment bank Peters & Co. said the United States will need to import crude from Canadian oil sands as the current surge in shale oil will be too expensive to keep up, Bloomberg reports.
