Category Archives: Oil

Gulf oil spill still leaking after 7 years subject of lawsuit

By doris | Published: February 6, 2012

Full Story at USNews.msnbc.msn.com Environmental groups on Thursday sued an oil company over the pace of its cleanup of a Gulf of Mexico spill that continues seven years after it was triggered by Hurricane Ivan in 2004. “The plaintiffs filed suit to stop the spill and lift the veil of secrecy surrounding Taylor oil’s seven-year-long [...]

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With oil pipeline to US on hold, Canada eyes China

By doris | Published: January 30, 2012

Full Story at msnbc.com KITAMAAT VILLAGE, British Columbia — The latest chapter in Canada’s quest to become a full-blown oil superpower unfolded this month in a village gym on the British Columbia coast. Here, several hundred people gathered for hearings on whether a pipeline should be laid from the Alberta oil sands to the Pacific [...]

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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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Search under way for 10 oil workers in Gulf of Mexico

By doris | Published: September 10, 2011

Full Story at CNN.com (CNN) — Mexico’s state-owned oil company searched in rough seas Friday for 10 workers missing from a U.S.-owned oil vessel in the tropical-storm-roiled Gulf of Mexico. The workers, contracted by Texas-based Geokinetics, abandoned ship Thursday afternoon after Tropical Storm Nate caused their liftboat to take on water in the Bay of [...]

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Exxon Mobil not upfront on spill, Montana says

By doris | Published: July 6, 2011

Full Story at msnbc.com LAUREL, Montana — Exxon Mobil came under fire on Wednesday from Gov. Brian Schweitzer, who said the oil giant had assured Montana that any spill on the Yellowstone River could be shut off in a few minutes. Instead it took at least 48 minutes for that to happen when a pipeline [...]

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Oil spill on Montana’s Yellowstone River forces evacuation

By doris | Published: July 3, 2011

Full Story at news.Yahoo.com LAS VEGAS (Reuters) – An undetermined amount of crude oil spilled from an ExxonMobil pipeline into the Yellowstone River in Montana, prompting evacuations of nearby residents on Saturday, authorities said. The spill that was detected early Saturday came from a crude oil pipeline that runs from Silver Tip to Billings, Montana, [...]

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OPEC deadlocked on oil production hike

By doris | Published: June 8, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — Oil prices breached the $100-a-barrel mark Wednesday after OPEC said it could not reach an agreement about raising crude production. U.S. crude jumped $1.65, or 1.7%, to settle at $100.74 a barrel. Oil prices were trading down about $1 just before the OPEC announcement. The price of [...]

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Coming soon to a state park near you: Oil drilling?

By doris | Published: June 7, 2011

Full Story at OverheadBin.msnbc.msn.com Cash-strapped state parks across the country are exploring some controversial options to stay open this summer, from relying heavily on volunteers to charging entrance fees to allowing oil and gas drilling on park land, The New York Times reports. In Ohio, the legislature is poised to approve a bill that would [...]

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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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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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SUVs for Gulf cleanup? States run up questionable bills with BP recovery money

By doris | Published: April 11, 2011

Full Story at msnbc.com NEW ORLEANS — Tasers. Brand-new SUVs. A top-of-the-line iPad. A fully loaded laptop. In the year since the Gulf oil spill, officials along the coast have gone on a spending spree with BP money, dropping tens of millions of dollars on gadgets and other gear — much of which had little [...]

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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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Panel calls for drastic steps to stop future deepwater oil spills

By doris | Published: January 11, 2011

Full Story at CNN.com Washington (CNN) — If the government does not take drastic steps, another deepwater oil spill like the BP spill in the Gulf of Mexico could devastate the coastal areas of the United States, an oversight commission warned Tuesday in a long-awaited report to the president. More research, funding and oversight are [...]

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Latest Gulf oil rig problem differs from BP spill

By doris | Published: September 3, 2010

Full Story at news.Yahoo.com NEW ORLEANS – Stark differences exist between the oil platform fire in the Gulf of Mexico and the blast that led to the massive BP spill. Mostly notably, no one was killed and no crude was gushing into the water, but the distinctions don’t end there. Even though the Mariner Energy-owned [...]

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Scientists question U.S. estimate on BP oil fallout

By doris | Published: August 18, 2010

Full Story at msnbc.com MIAMI — Two new scientific reports Tuesday raised fresh fears about the environmental fallout from the world’s worst offshore oil spill and questioned government assurances that most of the oil from the ruptured well in the Gulf of Mexico was already gone. In one of the reports, researchers at the University [...]

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Gulf oil rig’s owner had safety issue at 3 other wells

By doris | Published: August 5, 2010

Full Story at msnbc.com The company that owned the oil rig that exploded in the Gulf of Mexico in April had widespread safety concerns about several of its other rigs in the gulf, and a month before the disaster it commissioned a broad review of the safety culture of the company’s North American operations, according [...]

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Officials optimistic amid preparations to seal Gulf oil well

By doris | Published: July 29, 2010

Full Story CNN.com (CNN) — One hundred days after an oil well operated by BP ruptured in the Gulf of Mexico, and 13 days after crews finished capping the well to contain the gushing crude, the man who is overseeing the federal response is optimistic that steps planned for the coming days will finally, permanently [...]

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Pipeline leak pollutes major Michigan river

By doris | Published: July 28, 2010

Full Story at msnbc.com MARSHALL TOWNSHIP, Mich. — Crews were working Tuesday to contain and clean up more than 800,000 gallons of oil that poured into a creek and flowed into the Kalamazoo River in southern Michigan, coating birds and fish. Authorities in Battle Creek and Emmett Township warned residents about the strong odor from [...]

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BP resumes work on relief well

By doris | Published: July 26, 2010

Full Story at msnbc.com NEW ORLEANS — Ships were getting back in place Sunday at the Gulf of Mexico site of BP’s leaky oil well as crews restarted work on plugging the gusher before another big storm stops work again. Piping for the main relief well being drilled was being reinstalled and should be ready [...]

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