Oil and Gas

4:53pm

Tue February 21, 2012
The Two-Way

Americans Shell Out More At The Pump For Gasoline

A gas pump in Portland, Oregon.
Rick Bowmer AP

Drivers are reaching deeper into their wallets to pay for gas and some parts of the country are paying more than others. AAA's Daily Fuel Gauge Report finds the national average cost of a gallon of unleaded gas today is $3.57. But that same gallon of gas can cost as little as $3.04 in Wyoming or a full dollar more in California, at $4.02.

Read more

1:13pm

Tue February 14, 2012
Middle East

Iran Can Disrupt Key Waterway — But For How Long?

The USS Abraham Lincoln sailed from the Persian Gulf through the Strait of Hormuz on Tuesday. This photo was taken from the bridge of the aircraft carrier and shows U.S. aircraft parked on its flight deck. In the background, a U.S. destroyer patrols.
Hassan Ammar AP

The dispute over Iran's nuclear program has again rocked oil markets. And Iran is threatening to close the Strait of Hormuz, which is just 34 miles wide yet serves as the passageway for 20 percent of the world's oil.

This is not a new drama. In fact, it was a recurring issue in the 1980s. Still, there's been relatively little activity among Gulf oil producers to find alternative routes to get their oil to market.

Read more

6:00am

Tue February 14, 2012
KUNC News Blog

Budget Debate Centers on Energy

KUNC file photo

Oil and gas companies doing business here in the West have sparred quite a bit with the Obama Administration since it took office in 2009… the now tabled “Wild Lands” policy is just one of the heated issues that comes to mind.

Read more

3:29pm

Mon February 13, 2012
Environment

Oil and Gas Companies React Cooly to Interior Budget Proposal

KUNC file photo

President Obama’s proposed budget for the Department of Interior would include a new fee levied on idle oil and gas leases on federal lands. 

Read more

3:42pm

Fri February 10, 2012
Environment

Northern Water Issues Rule About Fracking

KUNC File Photo

Northern Water is cracking down on oil and gas companies using its water for hydraulic fracturing. The agency says its water cannot be used for fracking operations outside of the district boundaries. 

Read more

Pages