Prices

Oil

Oil ends week slightly higher after recent drops

By The Associated Press on April 19, 2013

The price of oil rose above $88 a barrel on Friday as traders cautiously returned to commodity markets following sharp sell-offs this week.

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Oil

OPEC has no plans for emergency meeting on falling prices

Source: 
The Wall Street Journal
Despite a statement from Venezuela's oil minister, OPEC is not planning an emergency meeting to discuss falling oil prices, The Wall Street Journal reports.
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Oil

Oil rises above $88 per barrel

By Pamela Sampson, AP Business Writer on April 19, 2013

BANGKOK (AP) — The price of oil rose above $88 per barrel on Friday as traders waded back into commodities following sharp sell-offs.

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Oil

Oil falls toward $86 on economic gloom

By Pamela Sampson, AP Business Writer on April 18, 2013

BANGKOK (AP) — The price of fell to near $86 a barrel Thursday in Asia after economic data from Europe suggested global demand for energy will remain subdued.

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Jessie Kalbfeld
Oil

US could end oil imports by 2035, EIA says

By Edward Felker on April 17, 2013

The goal of eliminating all U.S. oil imports could be achieved by 2035 but would take more declines in demand and greater domestic oil and gas production than currently projected, the Energy Department said Wednesday.

The department's Energy Information Administration said that even if the scenario is achieved, it would still not fully insulate domestic drivers from international oil price increases.

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Oil

Oil slide continues, falls below $87 a barrel

By Jonathan Fahey on April 17, 2013

NEW YORK (AP) — Oil dove again Wednesday, the latest in a series of declines that has pushed the price down by $10 a barrel over two weeks.

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Oil

Oil prices slips but remains above $88

By Pamela Sampson, AP Business Writer on April 17, 2013

BANGKOK (AP) — Crude oil fell below $88 a barrel Wednesday, a day after the International Monetary Fund lowered its outlook for global growth.

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Oil

Oil bounces back as dollar weakens

By The Associated Press on April 16, 2013

NEW YORK (AP) — Oil fell as low as $86 a barrel on Tuesday before recovering and finishing slightly higher.

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Oil

Oil slides below $88 per barrel

By Pamela Sampson, AP Business Writer on April 16, 2013

BANGKOK (AP) — The price of oil fell below $88 a barrel Tuesday as shaky economic recoveries in China and the U.S. raise the prospect of weaker demand.

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Oil

Oil drops to four-month low as China growth slows

By The Associated Press on April 15, 2013

NEW YORK (AP) — The price of oil dropped to a four-month low, as a slowdown in China's growth added to doubts about the strength of the world economy and global demand for crude.

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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 told department employees that he won't debate the validity of climate change science, 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 administration management plan for the National Petroleum Reserve-Alaska, FuelFix reports.

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Policy

Biden: climate change, oil traffic 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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