Oil and Gas

12:05am

Sun July 8, 2012
Energy

Urban Oil And Gas Wells Popup Across Colorado, But Number Of Permits Decreasing

Colorado had more than 6,000 active drill permits as of June 30, shown by the red dots.
Colorado Public News

7:18am

Fri June 8, 2012

6:34am

Fri June 8, 2012
The Two-Way

Chesapeake Energy CEO In Hot Seat Today

Chesapeake Energy CEO Aubrey McClendon.
Scott Detrow StateImpact/Pennsylvania

The NBA finals aren't the only big news in Oklahoma City.

This morning, shareholders of Chesapeake Energy, the natural gas driller at the center of the nation's hydraulic fracturing controversies, are meeting in Oklahoma City, where the company is headquartered. But the buzz at this gathering won't be about fracking or basketball. It will be about Aubrey McClendon, Chesapeake's controversial CEO.

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12:56am

Thu June 7, 2012
Middle East

Planned E.U. Oil Embargo Looks Set To Squeeze Iran

Originally published on Thu June 7, 2012 12:07 pm

Iranians line up at a gas station to fuel their motorcycles in central Tehran in February. Oil is the lifeblood of Iran's economy, but the planned EU boycott is expected to deal a major blow to Iranian oil exports.
Behrouz Mehri AFP/Getty Images

On July 1, the European Union says it will stop buying oil from Iran. Europe is one of the most important markets for Iran's oil, and in anticipation of the boycott, Iranian oil exports worldwide are already down by more than 25 percent.

Iran's leaders say they can weather this pressure, and so far they have refused to budge on their controversial nuclear activities, ones that prompted a series of economic sanctions.

As a result, it appears as if Iran will only face even greater difficulties when it comes to exporting oil, the lifeblood of its economy.

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10:33pm

Tue June 5, 2012
Energy

Fort Collins Rejects Oil and Gas Permit Moratorium

Fort Collins resident James Sack advocates in favor of a moratorium on oil and gas permits. City Council decided against the ban, but will still study the issue.
Grace Hood

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