Home / Author Archives: Zachary Toliver

Author Archives: Zachary Toliver

EPA finds harmful pollutants at Ector Drum site

Environmental Protection Agency officials cleaning up thousands of abandoned oil drums at a defunct business just east of Odessa report a clearer understanding of some of the toxic materials left at the property. About 40 percent of the 15,550 barrels found on the site contained some sort of liquid, often in containers labeled incorrectly or not at all, according to ...

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Pardon us while we gush: It’s Oildorado Days!

The oil industry is an up-and-down business with more downs than ups of late, but you wouldn’t know it from all the gushing going on in Kern County’s oil capital of Taft, on the eve of the town’s every-five-years Oildorado celebration. “Taft is not without its problems, but we’re small enough where everybody knows everybody but big enough to create ...

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Huge oil discovery on Golan Heights

After more than a year of round-the-clock drilling, large amounts of oil have been found on the Golan Heights. Estimates are that the amount of oil discovered will make Israel self sufficient for very many years to come. Afek Oil and Gas chief geologist Dr. Yuval Bartov told Channel 2 News, “We are talking about a strata which is 350 ...

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Liberty Utilities approved to buy natural gas off proposed NED pipeline

pipelines

Another box has been checked in a company’s quest to build a controversial natural gas pipeline across much of southern New Hampshire. The N.H. Public Utilities Commission has given the go-ahead to Liberty Utilities to buy natural gas from the Tennessee Gas Pipeline Co.’s proposed Northeast Energy Direct pipeline. The approval will help the pipeline company make its case to ...

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Crude jumps on U.S. output forecast; stocks mixed

NEW YORK  – Crude prices jumped more than 4 percent on Tuesday after the United States cut output forecasts, while global equity markets mostly rose on expectations the Federal Reserve will not raise interest rates this year. Helping crude was news that Russia and Saudi Arabia had met last week and discussed the oil market, and planned to continue exchanging ...

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Record driving pushes gas prices up

Gasline prices have jumped a bit, but don’t worry: They are expected to remain low through the rest of the year. On Monday, the price of regular gas in Broward County averaged $2.29 per gallon, up by 2 cents from last week and down 10 cents from a month ago. It was $1.06 per gallon cheaper than a year earlier. ...

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States finalize settlement with BP over 2010 oil spill

MONTGOMERY, Ala. (AP) — Alabama and other coastal states have finalized a settlement of damage claims arising from the 2010 Deepwater Horizon oil spill. The agreement finalized Monday resolves all civil claims against BP over the spill that dumped 134 million gallons of oil into the Gulf of Mexico. Under the $20 billion settlement, BP will pay nearly $5 billion ...

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Mississippi PSC to consider allowing customers to generate renewable energy, reduce bills

solar panels in field

The Mississippi Public Service Commission will hold a hearing on its net metering proposal Tuesday in Jackson and it also might discuss a motion that calls for one commissioner to bow out of the Mississippi Power rate case. The proposed rule would allow consumers to generate their own renewable energy through methods such as solar power and potentially reduce their ...

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Shell CEO sees first signs of oil price recovery

LONDON – Oil markets are beginning to recover but the scale of global oversupply means prices may rise only slowly, the chief executive of Royal Dutch Shell Plc <RDSa.L> said on Tuesday. “I see the first mixed signs for recovery of oil prices,” Ben van Beurden told an oil industry conference in London. “But with U.S. shale oil being more ...

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