Category Archives: Gas

Troops appear on streets as Nigeria president acts to cut fuel prices

By doris | Published: January 16, 2012

Full Story at WorldNews.msnbc.msn.com LAGOS, Nigeria — Soldiers have barricaded key roads in Nigeria’s commercial capital of Lagos as the president offered a concession to halt fuel price protests that he said were being stoked by provocateurs seeking anarchy. Troops and police also blocked entrances to protest venues in Nigeria’s second-largest city of Kano on [...]

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Why oil prices will stay high

By doris | Published: January 15, 2012

Full Story at globalpublicsquare.blogsCNN.com The next time you pay $3.50 dollars for a gallon of gas, stop and think about a basic rule of economics. When demand is low and supply is strong, prices should fall. Right? Now apply that to oil. People drive less in the winter. The American economy is slow. The Euro [...]

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Tanker en route to cut-off Alaska city hits ice

By doris | Published: January 7, 2012

Full Story at msnbc.mwn.com ANCHORAGE, Alaska — A Russian tanker carrying fuel for an iced-in Alaska city that without a delivery could run out of crucial supplies before winter’s end encountered ice early Friday in the eastern Bering Sea. The ice was not a surprise. The 370-foot tanker Renda will have to go through more [...]

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Gas Tax Could Bring Jump At The Pump

By doris | Published: October 18, 2011

Full Story at Baltimore.cbslocal.com ANNAPOLIS, Md. (WJZ) — Get ready for a possible jump at the pump. Governor Martin O’Malley wants to raise the gas tax. Now drivers are sounding off. Andrea Fujii has the outrage. It wasn’t the news one driver wanted to hear right after buying a new sports car. “It doesn’t sound [...]

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BP gets $1 bln settlement from Gulf well partner

By doris | Published: May 20, 2011

Full Story at msnbc.com LONDON — BP has struck a deal to receive around $1 billion from one of its minority partners in the blown-out Gulf of Mexico well, raising hopes it will successfully pursue other companies involved and reduce its bill for the disaster. BP PLC said Thursday that MOEX Offshore 2007 LLC, which [...]

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Gas prices, rising airfares be damned

By doris | Published: May 17, 2011

Full Story at msnbc.com Most Americans believe taking a trip this summer is valuable, and many plan to do so despite rising airfares and sky-high prices at the pump, according to data from a spate of recent polls, surveys and predictions. Six in 10 Americans say that going somewhere on vacation this year is important, [...]

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Oil sinks below $100

By doris | Published: May 5, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — Oil prices plunged more than 8% Thursday as weak economic data and a strengthening dollar drove crude to its biggest one-day drop since April 2009. The main U.S. oil contract for June delivery settled down $9.44, or 8.6%, to $99.80 a barrel. That’s its lowest level since [...]

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Big Oil’s $4 billion tax break in doubt

By doris | Published: April 26, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — President Obama repeated his call Tuesday for an end to $4 billion in oil industry tax breaks as gas prices approach $4 a gallon and after a top lawmaker indicated a possible shift in Republican policy. In a letter to congressional leaders, the president said the oil [...]

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Mass. company making diesel with sun, water, CO2

By doris | Published: February 27, 2011

Full Story at news.Yahoocom CAMBRIDGE, Mass. – A Massachusetts biotechnology company says it can produce the fuel that runs Jaguars and jet engines using the same ingredients that make grass grow. Joule Unlimited has invented a genetically-engineered organism that it says simply secretes diesel fuel or ethanol wherever it finds sunlight, water and carbon dioxide. [...]

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Rising wholesale prices spur inflation concerns

By doris | Published: February 16, 2011

Full Story at news.Yahoo.com WASHINGTON – Steady improvement in the economy may soon come at a price — faster inflation. Shoes, clothes, tires, plastics and other products all cost more at the wholesale level last month, putting pressure on businesses to pass the increases along to their customers. The hikes also give ammunition to critics [...]

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Gas pipeline to Jordan set ablaze in Egypt

By doris | Published: February 5, 2011

Full Story at CNN.com (CNN) — A pipeline that sends natural gas to Jordan was set on fire in the Egyptian Sinai town of El Arish on Saturday, and the suspected act of sabotage has forced its temporary closing, officials said. Ghaleb Al Maabreh, head of Jordan’s national electricity company, confirmed the closing. He said [...]

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Gas prices tick up; expert doesn’t see more hikes in short term

By doris | Published: January 23, 2011

Full Story at CNN.com (CNN) — U.S. gasoline prices rose slightly in the past two weeks as a glut of gasoline offset a small increase in crude oil prices, according to a national survey out Sunday. Self-serve regular went up just under 3 cents a gallon, to a national average of $3.11, according to the [...]

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Halliburton admits skipping test on Gulf well cement

By doris | Published: October 30, 2010

Full Story at msnbc.msn.com Halliburton Co. acknowledged late Thursday that it skipped doing a critical test on the final formulation of cement used to seal the BP oil well that blew out in the Gulf of Mexico. The company, which was BP’s cementing contractor, said that BP at the last-minute increased the amount of a [...]

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‘Slim’ chance of survival after China mine blast

By doris | Published: October 18, 2010

Full Story at msnbc.msn.com YUZHOU, China — Hopes were fading Monday for the remaining seven Chinese miners still missing after a deadly gas leak over the weekend that left 30 dead. The State Administration of Work Safety announced on its website that as of 6 a.m. local time (5 p.m. ET on Sunday), rescuers had [...]

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Aging gas pipe at risk of explosion nationwide

By doris | Published: September 14, 2010

Full Story atnews.Yahoo.com SAN BRUNO, Calif. – The tragic explosion of a gas pipeline in a San Francisco suburb has shed light on a problem usually kept underground: Communities have expanded over pipes built decades earlier when no one lived there. Utilities have been under pressure for years to better inspect and replace aging gas [...]

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Calif. orders survey of all natural gas lines

By doris | Published: September 13, 2010

Full Story at msnbc.msn.com SAN BRUNO, Calif. — California regulators are ordering Pacific Gas and Electric to survey all its natural gas lines in the state in the wake of a devastating suburban San Francisco blast that killed at least four. The order issued by the state’s Public Utilities Commission Sunday comes after the explosion [...]

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3 burned in gas explosion in Oklahoma

By doris | Published: June 30, 2010

Full Story at CNN.com (CNN) — Three workers were burned Tuesday when a gas line exploded in a rural area west of Pocasset, Oklahoma, according to Deputy Chief Brian Zalewski of the Chickasha, Oklahoma, fire department. Zalewski told CNN all three workers were taken to an Oklahoma City hospital, suffering from injuries caused by burns [...]

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Sheriff: 2 dead in Texas pipeline blast

By doris | Published: June 9, 2010

Full Story at msnbc.com DARROUZETT, Texas – Two men removing clay from a pit in a remote part of the Texas Panhandle were killed when a natural gas line exploded, a sheriff said Tuesday. The blast near Darrouzett, about 270 miles northeast of Lubbock, was the second fatal natural gas explosion in Texas in as [...]

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Mayor Wants To Force Gas Stations To Post Prices

By doris | Published: May 19, 2010

Full Story atwftv.com ORANGE COUNTY, Fla. — Mayor Buddy Dyer announced a proposed city ordinance Tuesday morning to crack down on gas stations that he said are being very misleading. The Mayor says gas stations near Orlando International Airport don’t display prices for drivers and some drivers don’t even know what they’ve paid until after [...]

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Gas rig sinks of coast of Venezuela, government says

By doris | Published: May 14, 2010

Full Story atnews.blogs.cnn.com This company had valves that cut the gas off.  Why did BP not have the same. What did they want for oil prices to go up again and out of reach for the poor people. This company sounds like the know what they are doing. Venezuelan government officials said Thursday they are [...]

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