Energy

S&P 500 down for 4th day of five, Groupon up late
Submitted by Earth News on Mon, 05/14/2012 - 16:24
ShareThisNEW YORK (Reuters) - Stocks fell on Monday as investors dealt with the one-two punch of worsening political upheaval in the euro zone and the possibility that China's economy may be softening more than previously thought.

Chevron Suffers Major Legal Setback as U.S. Court Throws Out Fraud Claims, Rejects Motion to Attach Assets, Says Amazon Defense Coalition
Submitted by Earth News on Mon, 05/14/2012 - 16:02
ShareThisNEW YORK, May 14, 2012 /PRNewswire-USNewswire/ -- Chevron suffered two new legal setbacks today when a U.S.

West Coast spike in gas prices tied to refineries
Submitted by Earth News on Mon, 05/14/2012 - 15:11
ShareThisMotorists across most of the country have been getting a break on gas prices, but not on the West Coast.

Chevron units in Australia signs natural gas deal
Submitted by Earth News on Mon, 05/14/2012 - 14:18
ShareThisChevron Corp. said Monday that its Australian subsidiaries signed a nonbinding agreement to deliver, with Apache Energy and Kuwait Foreign Petroleum Exploration Co., up to 1 million tons of liquid gas each year to the Japanese power utility Tohoku Electric Power Co.

Google-backed wind power line clears hurdle
Submitted by Earth News on Mon, 05/14/2012 - 11:47
ShareThis(Reuters) - A planned $5 billion transmission line to send power from wind farms off the East Coast cleared a hurdle, allowing the Google Inc-backed project to move to the next step in the approval process, officials said. The Department of the Interior declared on Monday there was "no overlapping competitive interest" in proposed areas for building the line off the mid-Altantic coast.

Obama's Green Energy Dream Threatened by Rocky Mountain Oil Find
Submitted by Earth News on Mon, 05/14/2012 - 09:14
ShareThisCOMMENTARY | Almost unnoticed, an auditor from the General Accounting Office gave Congress the news that the Green River Formation in Colorado, Wyoming and Utah has more recoverable oil under it than the rest of the world combined, according to CNS News.

Shareholders Slam Chevron With Request for SEC Investigation Over Ecuador Judgment, says Amazon Defense Coalition
Submitted by Earth News on Mon, 05/14/2012 - 08:46
ShareThisNEW YORK, May 14, 2012 /PRNewswire-USNewswire/ -- Chevron now faces another headache over its $18 billion Ecuador judgments - this time from some of its own investors.

Massachusetts gas prices down another nickel
Submitted by Earth News on Mon, 05/14/2012 - 08:32
ShareThisThe cost of a gallon of gas in Massachusetts has dropped for the fourth consecutive week.

Arkansas gas prices drop by 30 cents since April
Submitted by Earth News on Mon, 05/14/2012 - 08:00
ShareThisGas prices in Arkansas have dropped by more than 30 cents per gallon over the past month.

AAA Mich.: Gas prices down 14 cents in past week
Submitted by Earth News on Mon, 05/14/2012 - 08:00
ShareThisAAA Michigan says gasoline prices fell about 14 cents during the past week to a statewide average of $3.69 per gallon.


