Oil and Gas

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

1:57am

Tue March 20, 2012
Energy

Native Alaskans Divided On State's Oil Drilling Debate

Originally published on Tue March 20, 2012 7:06 am

A drilling rig sits on Oooguruk Island off the coast of Alaska's North Slope. The 6-acre island was built by Pioneer Natural Resources so it could drill for oil on the Arctic Ocean.
Steve Quinn AP

Shell Oil plans to explore for petroleum off Alaska's north coast this summer. The native people of Alaska have a big stake in both oil revenue and environmental protection. That conflict has played out in recent trips by Inupiats to Washington, D.C., to argue their case.

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3:51pm

Thu March 15, 2012
Business

Shell Picks Pittsburgh Area For Major Refinery

Shell Oil plans to open a major new oil refinery, which would convert ethane into more profitable chemicals, in the Pittsburgh area.
Kevork Djansezian Getty Images

Shell Oil Co. has chosen a site near Pittsburgh for a major, multibillion-dollar petrochemical refinery that could provide a huge economic boost to the region.

Dan Carlson, Shell's general manager of new business development, said Thursday that the company signed a land option agreement with Horsehead Corp. to evaluate a site near Monaca, about 35 miles northwest of Pittsburgh.

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1:09pm

Tue March 13, 2012
Transportation

Gasoline Prices Lowest in Denver

UniSouth WikiMedia Commons

The average price for a gallon of regular unleaded gasoline is at $3.81 according to the Lundberg survey. Denver has the cheapest prices at $3.36 a gallon. 

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