News
Prices at the pump continue to fall
The average price of a gallon of regular unleaded gasoline dipped to $2.03 in the greater Houston area to $2.20 across the U.S. as oil prices remain low, and we move further from the Fourth...
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Feds postpone oil land sale in New Mexico after environmental protests
HOUSTON – After taking heat from environmental groups, regulators have put off the sale of almost 13,000 acres of federal oil and gas land in New Mexico for about two months. The Bureau of Land Management, which collected...
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On ‘life-support,’ Texas clean-coal project gets reprieve
A Texas clean-coal project was given more time to persuade the Obama administration to keep backing it, even after Summit Power missed a midnight deadline to line up financing and a government investigator warned the...
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Rig count continues slow climb
The energy sector added seven more rigs in all, including one searching for natural gas, to bring the total count up to 447 rigs, up from a bottom of 404 rigs in May, according to...
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Report: Buffett, Edison, others jump into Oncor bidding effort
Buffett’s Berkshire Hathaway, California-based Edison and Fidelity Investments have joined Florida-based NextEra Energy in pursuing bids to purchase Oncor, which is owned by the bankrupt parent company, Dallas-based Energy Future Holdings. Source: FuelFix
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