North Dakota’s oil industry is proposing a flat tax on crude production in exchange for giving up some big incentives that could cost the state millions of dollars in lost revenue.
Almost five years after the Deepwater Horizon oil spill, the Obama administration has proposed new regulations aimed at strengthening oversight of offshore oil drilling equipment and ensuring that out-of-control wells can be sealed in an emergency.
Gas prices usually go up in the summer. But AAA said prices could actually drop this year. AAA said as long as there are no unexpected refinery problems or major conflicts in the Middle East, gas prices will go down.
When she first arrived in town, Windie Lazenko headed to the neon-lit strip clubs and bars catering to lonely oil field workers with extra cash and time on their hands. She knew these were likely gathering spots for the sex trade — the life she’d given up long ago.
A Norway-based oil company that illegally operated a well in North Dakota that was established by another company has agreed to pay a nearly $2 million settlement to avoid legal action in the case.
Defying the Republican-run Congress, President Barack Obama rejected a bill Tuesday to approve construction of the Keystone XL oil pipeline, wielding his veto power for only the third time in his presidency.
The federal government predicts that trains hauling crude oil or ethanol will derail an average of 10 times a year over the next two decades, causing more than $4 billion in damage and possibly killing hundreds of people if an accident happens in a densely populated part of the U.S.
The Republican-controlled Congress is set to send a bill approving the Keystone XL oil pipeline to President Barack Obama, who has vowed to veto it.
With the recent dip in oil prices, the Environmental Protection Agency wants the State Department to “revisit” how much of a toll the Keystone XL oil pipeline would have on global warming.
High crude prices catapulted North Dakota into the top tier of the global oil market and doubled or tripled the size of once-sleepy towns that suddenly had to accommodate a small army of petroleum workers.
The Republican-controlled Senate on Thursday approved a bipartisan bill to construct the Keystone XL oil pipeline, defying a presidential veto threat and setting up the first of many battles with the White House over energy and the environment.
BP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together.
Let’s check some of the claims about the pipeline as a bill approving it heads toward likely passage by the Republican-led Senate and a veto by President Barack Obama.
North Dakota lawmakers have adopted a revised revenue forecast that reflects a more than $4 billion shortfall in oil revenue due to the slumping price of crude.
Lower gas prices have had an added bonus in Minnesota beyond fatter wallets: Train traffic is leveling off, giving regulators space to refocus on safety issues, a state railroad official told lawmakers Wednesday. “That’s the good news. It gives us a little breathing space,” Dave Christianson, a rail planner for the Minnesota Department of Transportation, told a state House committee.
Congrats to the new KLONDIKE KATE who talked with John Hines this morning. Click the link above to listen back to the interview.
A Senate committee has taken up a bill approving the Keystone XL pipeline with plans to move it toward the full Senate, despite a veto threat from the White House. Energy and Natural Resources Chairman Lisa Murkowski says lawmakers shouldn’t be deterred by President Barack Obama’s threat. She notes the bill has Democratic supporters and came within one vote of passing last year.
A battle is underway over plans to build a 300-mile crude oil pipeline across northern Minnesota’s lakes region. Public hearings are being held this week to consider the pros and cons of bringing more crude oil from North Dakota oil fields via an underground pipeline to a terminal in Superior, Wis.
Before North Dakota’s treasury was overflowing with oil revenues, state lawmakers in the ultra-conservative state were notoriously stingy in spending taxpayer money.
Just when you thought gas prices couldn’t go any lower – they did.
Some Twin Cities gas stations are now selling gas for lower than $2.30 a gallon, a windfall for consumers.
It’s going to cost you a lot less to drive over the river and through the woods to grandmother’s house this Thanksgiving holiday. Global demand for oil is down and supply is up.
Sweet Lord in heaven, what a movie. This tough, tragic documentary by filmmaker Jesse Moss is one of the year’s best, and it should probably be required watching for anyone in the Midwest.
A 22-year-old St. Paul native was arrested Tuesday after protesting the Keystone XL pipeline in the U.S. Senate Chamber.
Earlier Tuesday evening, the U.S. Senate failed to approve the Keystone XL Pipeline by a vote of 59 – 41. Immediately after the vote, Republicans said they’d bring up the issue again in January. The fight over this pipeline has been a long, contentious battle that began in 2008 when TransCanada, the company building the pipeline, applied for a construction permit.
Minnesota’s senators were both “no” votes as a proposal to build the Keystone XL pipeline went down by a single vote. Sens. Amy Klobuchar and Al Franken were expected to line up against the proposal even before Tuesday evening’s vote. It failed 59-41.