Keystone Pipeline vote fails in Senate by one vote, Mary Landrieu snubbed
Senate Democrats stopped the Keystone XL pipeline legislation by just one vote, ending the latest battle between House Republicans and the White House. Senator Mary Landrieu, Democrat of Louisiana, who is facing More...
Gas prices soaring, plenty of blame to go around
Drivers are seeing a 30 cent increase in gas prices over the last week. September 2010 photo/Daniel Christensen A gas refinery explosion in Toledo a few days ago, a spike in crude oil price and a slowdown on production More...
Oil, black gold, Texas Tea: it all started with a gusher on this day in 1901
The Lucas Gusher of January 10, 1901 was the first “major” gusher of the Texas oil boom. Spindletop is in Beaumont, Texas became the epicenter, generating 100,000 barrels a day and have ties to the origins More...
Exxon sells Gulf of Mexico oil and gas properties to Energy XXI
Energy XXI Ltd. announced Sunday that it has finalized a deal to buy oil and natural gas properties in the Gulf of Mexico from ExxonMobil for $1.01 billion. The announcement comes a little more than a month after More...