EPA will examine drilling sites in Pennsylvania, Colorado, Louisiana, North Dakota and Texas. The earliest results will be available in 2012. Drillers have resisted enhanced federal regulation, saying it should be left up to individual states. EPA (The Environmental Protection Agency) released the outlines of its long-awaited probe into whether hydraulic fracturing the unconventional drilling [...]
Futures crude oi prices fell as much as 2.1 percent after Japan stepped in to foreign-exchange markets to weaken the yen against the dollar, making commodities priced in the U.S. currency less attractive to investors. Stocks retreated from a three-month high on concern European leaders will struggle to raise funds to contain the region’s debt [...]
Ohio gas prices have turned around and are moving lower again, after rising along with oil prices earlier in the month. Pump prices have ticked down a bit after climbing last week, Oregon AAA reported Tuesday, but consumers are paying more for gas at this time of the year than they’ve ever paid before.”The national [...]
Gasoline futures added 1.1 cents to finish at $2.6998 per gallon. Natural gas rose 5.4 cents to finish at $3.658 per 1,000 cubic feet. Meanwhile, gasoline prices in the U.S. fell less than a penny overnight to a new national average of $3.446 a gallon. Gasoline prices have dropped about 50 cents since the spring, [...]
December 2011 Natural Gas futures closed lower for the period, how about 2012 natural gas price?, the rally early in the week marked the formation of a minor bottom for the first time since early July, but the weak close put the market in a position to make a new low for the year. Based [...]