Natural Gas

Oil

Lebanon to begin oil, gas exploration in 2015

BEIRUT (AP) — Energy Minister Gibran Bassil says Lebanon will begin oil and gas exploration within two years.

Oil

US rig count climbs 3 this week to 1,762

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. rose by three this week to 1,762.

Oil

Oil under $96 a barrel on US industrial data

NEW YORK (AP) — Oil prices fell below $96 a barrel Friday after disappointing U.S. industrial production data fed concerns about the nation's economic recovery.

Oil

Oil falls as Europe economy slumps

BANGKOK (AP) — Oil prices fell below $97 Friday, a day after data from Europe showed both big and small economies in the region mired in an economic slowdown.

N. Dakota Senate rejects bill to curb gas flares

Source: 
The Associated Press
The North Dakota Senate rejected a proposal that would require oil and natural gas drillers to curb their flaring of natural gas at drilling sites, The Associated Press reports.
Oil

Oil rises above $97 per barrel

NEW YORK (AP) — The price of oil rose above $97 per barrel Thursday, reversing Wednesday's small drop.

NY town of 9/11 workers wages gas pipeline fight

MINISINK, N.Y. (AP) — After four months helping in ground zero recovery post-Sept. 11, New York City Police Officer Nick Russo sought respite by moving with his family to the rolling hills of Orange County, on the northern fringe of the metropolitan area.

Feds: Ohio man ordered drilling waste dumped

YOUNGSTOWN, Ohio (AP) — Prosecutors are charging a northeast Ohio man with violating the federal Clean Water Act, saying he told an employee to dump gas-drilling wastewater into a storm sewer.

Oil

Oil rise capped by varying demand estimates

BANGKOK (AP) — The price of oil rose Thursday, but gains were limited by conflicting estimates for crude demand for 2013.

White House Photo

Energy price claims up for debate at House hearing

President Barack Obama likes to say cheap natural gas has kept energy prices low, while conservatives and Republicans say consumers are paying higher energy bills because of federal pollution regulations and production hurdles.

The truth, not surprisingly, is somewhere in the middle.

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