Oil and Gas

2:00am

Wed April 11, 2012
NPR Story

Natural Gas Glut Leads To Lower Prices

The U.S. is facing a growing surplus in natural gas. Renee Montagne talks to Amy Myers Jaffe, of the Energy Forum at the Baker Institute at Rice University, about the glut. She expects some consolidation in the industry.

1:02pm

Mon April 2, 2012
Environment

EPA to Finalize Air Pollution Regs at Oil and Gas Wells

Photo by Kirk Siegler

The Environmental Protection Agency is set to issue a final rule later this month on new, tougher air pollution regulations at oil and gas drilling sites.  But some Colorado-based conservation groups are worried it may not be tough enough to protect public health.

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2:03am

Mon April 2, 2012
Business

Oil Scare Turns FedEx Onto Energy Efficiency

A FedEx hybrid delivery truck. In FedEx's fleet of over 90,000 vehicles, 408 are hybrid or electric, and 4,000 are fuel-efficient, lower-emitting "Sprinter" vans.
Courtesy of FedEx Corp.

The rising cost of oil isn't just a hit to the family budget. Businesses are hurt, too. Few are more affected than firms like FedEx. It deploys nearly 700 planes and tens of thousands of trucks and vans every day to deliver packages around the world. And few business leaders are more focused on finding alternatives to petroleum-based fuels than FedEx CEO Fred Smith.

Shortly after Smith founded Federal Express, the 1973 Arab oil embargo almost killed it. The experience imprinted Smith with a keen interest in the price and availability of oil.

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2:00am

Wed March 28, 2012
Business

Enbridge, Enterprise To Increase Pipeline Capacity

Transcript

RENEE MONTAGNE, HOST:

And the controversial Keystone XL pipeline, whose construction has been delayed over environmental concerns, could now face some competition.

As NPR's John Ydstie reports, two companies have announced plans to build pipelines that would carry out the same service as the XL, channeling oil from Canada's tar sands to refineries in the Gulf of Mexico.

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2:00am

Wed March 28, 2012
Business

The Good And Bad Of Kenya's First Oil Strike

Transcript

DAVID GREENE, HOST:

Kenya strikes oil - that was the headline in Nairobi's Daily Nation newspaper this week. It's the first time such a discovery has been made in the East African nation. Kenya's energy minister quickly held a press conference with oil company executives. Holding up a glass bottle of crude oil, he pledged to make sure that oil is a blessing for the people and not a curse.

And we're joined now by the BBC's Will Ross in Nairobi to talk about this discovery. Well, good morning.

WILL ROSS: Good morning.

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