Oil and Gas

3:53pm

Wed March 21, 2012
It's All Politics

Republicans Charge High Gas Prices Part Of A Plan To Decrease Consumption

Originally published on Thu March 22, 2012 6:23 am

A driver pumps gas into his Toyota Prius hybrid at a gas station in Sunnyvale, Calif., in 2007.
Paul Sakuma AP

As gasoline prices rise, some Republicans are making a provocative claim about President Obama. They say higher energy prices are actually part of the administration's agenda and they point to some comments made by the president before he took office.

Presidential candidate Mitt Romney was the latest Republican to make the charge about President Obama, and he did so on Fox News Sunday this past weekend, saying, "There's no question that when he ran for office he said he wanted to see gasoline prices go up."

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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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