Oil and Gas

1:00pm

Thu March 22, 2012
Environment

Hickenlooper Oil and Gas Task Force up against Tight Deadline

State of Colorado

Some members of the Governor’s oil and gas task force studying whether local governments should have more authority to regulate drilling are worried they won’t finish their work by an April 18th deadline. 

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3:04am

Thu March 22, 2012
Energy

What's Making Americans Less Thirsty For Gasoline?

Originally published on Fri March 23, 2012 5:03 am

Growing demand for more fuel-efficient cars and trucks, like these 2009 Dodge Journey crossover vehicles, has helped drive down gasoline consumption in the U.S.
David Zalubowski AP

The price of gasoline keeps rising for Americans, but it's not because of rising demand from consumers.

Since the first Arab oil embargo of the 1970s, the U.S. has struggled to quench a growing appetite for oil and gasoline. Now, that trend is changing.

"When you look at the U.S. oil market, you see that there's actually no growth," says Daniel Yergin, chairman of IHS Cambridge Energy Research Associates.

He says gasoline demand peaked in 2007 and has fallen each year since, even though the economy has begun to recover.

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3:53pm

Wed March 21, 2012
It's All Politics

Republicans Charge High Gas Prices Part Of A Plan To Decrease Consumption

Originally published on Thu March 22, 2012 6:23 am

A driver pumps gas into his Toyota Prius hybrid at a gas station in Sunnyvale, Calif., in 2007.
Paul Sakuma AP

As gasoline prices rise, some Republicans are making a provocative claim about President Obama. They say higher energy prices are actually part of the administration's agenda and they point to some comments made by the president before he took office.

Presidential candidate Mitt Romney was the latest Republican to make the charge about President Obama, and he did so on Fox News Sunday this past weekend, saying, "There's no question that when he ran for office he said he wanted to see gasoline prices go up."

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10:34am

Wed March 21, 2012
The Two-Way

Reports: Obama Will Call For Southern Portion Of XL Pipeline To Be Expedited

Quoting "a White House official," CNN and USA Today are reporting that in a speech tomorrow President Obama will push for fast-tracking the construction of the southern portion of the Keystone XL pipeline.

USA Today reports:

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5:32am

Tue March 20, 2012

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