More Oil Articles

  • Obama administration delays Keystone XL decision, potentially until after Nov. elections

    The Obama administration is extending the agency review period for the Keystone XL oil sands pipeline, potentially delaying the decision until after the November elections -- sparing President Obama a tough political decision in the process. A senior State Department official said agencies...

  • Surprise! Another Keystone XL pipeline delay

    Obama administration officials have extended the comment period for the Keystone XL pipeline, effectively delaying yet again a decision on the pipeline. The latest delay, the administration said, was due to continuing litigation in Nebraska surrounding the pipeline's route.

  • John Boehner slams Keystone XL delay as 'shameful'

    House Speaker John Boehner, R-Ohio, on Friday slammed the State Department's move to delay its decision on whether to approve the Keystone XL pipeline as “shameful.”

  • Sub scours ocean for missing Malaysian jet

    PERTH, Australia (AP) — A robotic submarine headed back down into the depths of the Indian Ocean on Friday to scour the seafloor for any trace of the missing Malaysian jet one month after the search began off Australia's west coast, as data from the sub's previous missions turned up no...

  • Oil tops $104 on Ukraine fears

    The price of oil rose past $104 per barrel Thursday on worries over the upheaval in Ukraine. Benchmark U.S. crude for May delivery rose 54 cents to close at $104.30 a barrel in New York. Supplies in the U.S. are ample — the Energy Department reported the biggest gain in stocks in 13 years...

  • Ex BP-employee settles US insider-trading charges

    WASHINGTON (AP) — A former BP employee who was a coordinator during the 2010 oil spill in the Gulf of Mexico has agreed to settle federal charges of using confidential information on the seriousness of the spill to profit illegally from trading in BP stock. The Securities and Exchange...

  • Shocker: EPA official leaves for environmental group

    An Environmental Protection Agency official has entered the revolving door of cronyism by leaving the federal government to become an executive at a prominent environmental group.

  • Large, rare leaks are key to calculating methane emissions during fracking, scientists say

    The Environmental Protection Agency took the first steps toward better understanding what has been a relatively inexact science to this point -- calculating the amount of methane that is released into the atmosphere from hydraulic fracturing, or fracking, sites. The EPA released five technical...

  • Oil flat near $104 despite huge stock build

    Oil rose one penny Wednesday as worries about upheaval in Ukraine canceled out a huge increase in U.S. oil supplies. Benchmark U.S. crude for May delivery closed at $103.76 a barrel in New York. Brent crude for June delivery, a benchmark for international varieties of crude, closed at $109.36...

  • Radioactive waste booms with oil as states weigh rules

    Oilfields are spinning off thousands of tons of low-level radioactive trash as the U.S. drilling boom leads to a surge in illegal dumping and states debate how much landfills can safely take. State regulators are caught between environmental and public health groups demanding more regulation...

  • Brent oil rises to $110 on Ukraine issues; WTI gains before supply data

    Brent crude climbed above $110 a barrel for the first time in six weeks on signs that the crisis in Ukraine is escalating. West Texas Intermediate gained before the release of weekly U.S. government inventory data.

  • Oil nears $105 as conflict in east Ukraine deepens

    The price of oil approached $105 a barrel Wednesday as concerns grew over the crisis in Ukraine, which took military action against separatists in its east. Gains were temporarily tempered by slower Chinese growth. By early afternoon in Europe, benchmark U.S. crude for May delivery was up $1.04...

  • Examiner Editorial: American energy independence in sight despite Obama

    Booming oil and natural gas production made possible by technological advances in hydraulic fracturing and horizontal drilling has been the lone bright spot in the U.S. economy throughout President Obama's tenure in the Oval Office. The U.S. Energy Information Administration released data last...

  • Offshore rig taking on water but stable after wave

    GALVESTON, Texas (AP) — An offshore drilling rig is taking on water but is stable after being hit by a large storm wave off the Texas coast. The U.S. Coast Guard says the rig was drilling for oil and gas in 3,000-foot depths around 10 a.m. Tuesday when the wave hit. Petty Officer Manda Emery...

  • Oil falls ahead of Ukraine meeting, US supply data

    The price of oil fell Tuesday ahead of talks aimed at defusing tensions over Ukraine and the latest report on U.S. oil supplies. Benchmark U.S. crude for May delivery slid 30 cents to close at $103.75 on the New York Mercantile Exchange. On Monday, the Nymex contract rose 31 cents. Brent...



From the Weekly Standard