oil

Reduced supply from Iran and Venezuela may well drive oil prices back to $100 a barrel by January, experts say.

Here & Now‘s Peter O’Dowd checks in with Roben Farzad (@robenfarzad), host of the podcast “Full Disclosure.”

After a high-profile campaign to oppose the Dakota Access Pipeline in 2016, a number of states moved to make it harder to protest oil and gas projects. Now in Louisiana, the first felony arrests of protesters could be a test case of these tougher laws as opponents vow a legal challenge.

The quiet beach resort of Lubmin on Germany's Baltic coast has long been an energy hub. Just a mile from the pier are the remains of what was once East Germany's largest nuclear power station.

Now the town is the entry point for natural gas from Russia. Construction began in May on a new pipeline that will enable Russia to increase its natural gas exports not only to Germany but to other countries in Europe as well. The gas will be supplied by Russia's state-owned Gazprom.

Lubmin's Mayor Axel Vogt is delighted.

Joe Wertz / StateImpact Oklahoma

The Oklahoma Oil and Gas Association on Tuesday sued Kingfisher County Commissioners, the latest salvo in a long-simmering fight over water use in one of the state’s most prolific oil fields.

Oil and gas companies spent more than half a million dollars to defeat State Question 788, a statewide ballot initiative to legalize medical marijuana in Oklahoma.

Companies from Oklahoma, Colorado and Texas collectively contributed $590,100 to “SQ 788 is Not Medical,” a political action committee established to defeat the measure, state ethics records show.

It's the summer driving season, when millions of Americans take road trips to the beach, big cities, national parks and beyond.

And what goes along with an increase in road trips? A hike in gas prices.

Indeed, historically summer is the time of year gas prices go up because more people are on the road, increasing demand. Oil refineries also introduce special fuel blends during the summer, which emit fewer emissions than winter blends but are more expensive to produce.

Ranking U.S. House Democrats are calling for an ethics investigation into Interior Secretary Ryan Zinke. They want to know more about a land deal between Zinke's family foundation and a real estate project with ties to the oil and gas giant Halliburton.

A district court judge has approved class-action status for a lawsuit accusing an Tulsa oil company of being responsible for damage caused by earthquakes.

The judge ruled that residents and business owners with property in nine counties — Cleveland, Creek, Lincoln, Logan, Okfuskee, Oklahoma, Payne, Pottawatomie and Seminole — can join a 2015 lawsuit brought by resident Jennifer Lin Cooper after a string of earthquakes shook near the city of Prague in 2011.

President Trump's goal of achieving "energy dominance" for the United States includes producing more oil and gas on federal land, but new government statistics show a mixed record on this front during his first year in office.

Trump has cast himself as an ally of fossil fuel industries. At a 2017 event he told energy industry leaders, "You've gone through eight years of hell," referring to the time former President Obama was in office.

Updated 8:58 p.m.

After more than three hours of discussions behind closed doors, the Oklahoma Senate made quick work of three bills that would help fund a teacher pay raise package and potentially avoid next week’s teacher walkout.

Senators passed three bills Wednesday night:

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