NEW YORK (AP) — The price of oil rose more than 3 percent Thursday as the European Central Bank cut its key interest rate to a new low and U.S. unemployment claims dropped.
ALBANY, N.Y. (AP) — New York municipalities can use local zoning laws to ban the practice of hydraulic fracturing to drill for natural gas, a mid-level state appeals court said Thursday.
BANGKOK (AP) — The price of oil stabilized near $91 per barrel Thursday after a big fall as traders digested an increase in U.S. crude inventories that suggested weak demand for fuel.
A study from the group Ceres projects expanded hydraulic fracturing in western states could result in a new strain on local water supplies, The New York Times reports.
NEW YORK (AP) — The price of oil dropped more than 2 percent Wednesday, following disappointing economic news from the world's two biggest oil-consuming nations and a large increase in U.S. crude supplies.
California's Conservation Department could develop its own system to track hydraulic fracturing chemicals used by the oil and natural gas industry rather than the current voluntary registry, Bloomberg reports.
Senate Energy and Natural Resources Chairman Ron Wyden, D-Ore., asked the Justice Department to join the European Union's probe of possible oil price manipulation, Reuters reports.
Nuclear Regulatory Commission Chairman Allison Macfarlane said the NRC can't consider a public hearing on the San Onofre nuclear plant until June, when an appeal period of an Atomic Safety and Licensing Board ruling ends.
Sens. Bob Corker, R-Tenn., and Joe Manchin, D-W.V., introduced a bill that would ensure that only domestically-made biofuels can be used to meet the Renewable Fuel Standard, The Chattanoogan reports.
A federal judge refused to reconsider a ruling that upheld the Interior Department's power to ban new hard rock mining projects on federal land, The Associated Press reports.
Tesla Motors increased the value of its stock and debt offerings 30 percent to $1.08 billion to gather reserves and pay back its Energy Department loans, Bloomberg reports.
Poland called on the European Union to end energy subsidies for fossil fuels and renewable sources and cut oil imports to better combat climate change, Bloomberg reports.
The first well reports from the Utica shale in Ohio show a significant supply of natural gas but not as much oil as some energy companies were expecting, Reuters reports.
