Prices

Oil

Oil sinks on China manufacturing and US supplies

By The Associated Press on May 1, 2013

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.

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Oil

Oil falls below $93 on China manufacturing data

By Pamela Sampson, AP Business Writer on May 1, 2013

BANGKOK (AP) — The price of oil fell below $93 on Wednesday after data showed a slowdown in China's manufacturing growth.

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Oil

Oil price falls, ends April down 4 percent

By The Associated Press on April 30, 2013

NEW YORK (AP) — The price of oil fell about 1 percent Tuesday on anticipation of another increase in U.S. crude supplies.

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Oil

Oil falls slightly to near $94 a barrel

By Pamela Sampson on April 30, 2013

BANGKOK (AP) — The price of crude fell slightly to near $94 per barrel Tuesday after Japan released lukewarm manufacturing data.

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Oil

Oil above $94 on US data, hope of EU rate cut

By The Associated Press on April 29, 2013

NEW YORK (AP) — The price of oil rose above $94 per barrel Monday as positive U.S. economic data added to optimism for a rate cut in Europe.

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Oil

Oil rises over $93 despite US growth letdown

on April 29, 2013

BANGKOK (AP) — Oil prices rose above $93 per barrel Monday amid hopes that the European Central Bank, meeting later this week, would act to shore up economic growth.

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Oil

Oil has biggest weekly gain this year

By The Associated Press on April 26, 2013

NEW YORK (AP) — Oil rose more than 5 percent this week, even with a decline on Friday, as traders concluded last week's dive to a low for the year was overdone.

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Oil

Chevron profit down 4.5 pct. on lower oil prices

By Jonathan Fahey on April 26, 2013

NEW YORK (AP) — Chevron Corp.'s net income fell 4.5 percent in the first quarter as oil prices fell and refinery output declined.

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Oil

Oil falls below $93 ahead of US growth data

By Pamela Sampson on April 26, 2013

BANGKOK (AP) — The price of oil fell below $93 a barrel Friday ahead of quarterly growth figures from the world's biggest economy.

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Oil

Oil rises above $93 on US unemployment claims data

By The Associated Press on April 25, 2013

NEW YORK (AP) — Oil rose above $93 a barrel for the first time in two weeks Thursday, as the latest data on U.S. unemployment claims suggested job growth may pick up from last month's sluggish pace.

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Policy

CBO: Carbon tax would cut emissions, slow economy

Source: 
The Hill

A new report from the Congressional Budget Office said a carbon tax could bring in significant revenues and help reverse climate change at the cost of higher prices and lower incomes, The Hill reports.

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Policy

Committee proposes 18-percent cut for Interior, EPA accounts

Source: 
E&E News
The House Appropriations Committee proposed giving $24.3 billion to the subcommittee that finances the Interior Department, EPA and similar agencies, an 18-percent cut from fiscal 2013 levels, E&E News reports.
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Policy

Moniz: Time to end debate on climate science

Source: 
The Hill
Energy Secretary Ernest Moniz said he won't debate the validity of climate change science during a meeting with department employees, The Hill reports.
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Environment

Wyden, Murkowski press Forest Service to pay rural communities

Source: 
Senate Energy and Natural Resources Committee
Senate Energy and Natural Resources Chairman Ron Wyden, D-Ore., and Ranking Member Lisa Murkowski, R-Alaska, called on the Forest Service to drop its plans to withhold funds from rural timber communities.
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Oil

Coffeyville refinery to pay $300K EPA settlement

Source: 
Wichita Eagle
Coffeyville Resources Refining and Marketing agreed to pay a $300,000 settlement with the EPA over allegations that its Coffeyville refinery violated the Clean Air Act, the Wichita Eagle reports.
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Nuclear

NRC admits to leasing too much space for headquarters

Source: 
The Washington Post
The Nuclear Regulatory Commission admitted to leasing more space than necessary for its Rockville headquarters at a hearing before a House subcommittee, The Washington Post reports.
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Environment

Interior awards $20.8M in water conservation grants

Source: 
Bloomberg
The Interior Department awarded a total $20.8 million to 44 water conservation projects in 11 states, Bloomberg reports.
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Oil

Kaine, Warner introduce offshore development bill

Source: 
Virginia Business
Sens. Mark Warner and Tim Kaine, both Virginia Democrats, introduced a bill that would expand offshore energy development and offer a revenue sharing plan, Virginia Business reports.
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Oil

Subcommittee weighs repeal bill for Obama NPR-A plan

Source: 
FuelFix
A House Natural Resources subcommittee held a hearing on a bill that would overturn the Obama administrations reserve management plan for the National Petroleum Reserve-Alaska, FuelFix reports.
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Policy

Biden says climate change, oil traffice pose challenges for Coast Guard

Source: 
The Hill
Speaking at the U.S. Coast Guard Academy commencement, Vice President Joe Biden said the branch will face future challenges from climate change and oil transportation risks, The Hill reports.
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