Energy Update: Foreign cuts boost oil prices Thu, Nov 27, 2008 | Add a comment Foreign cuts boost oil prices HOUSTON — Oil prices rose sharply Wednesday as a large interest rate cut in China and news of a possible Russian output cut appeared to counter...

Former FBI Director Freeh gets subpoena power to investigate SemGroup Tue, Nov 25, 2008 | Add a comment TULSA -- A federal bankruptcy judge is giving subpoena power to former FBI Director Louis Freeh in his investigation of bankrupt Tulsa-based SemGroup LP. Freeh says he'll coordinate with federal...

In Brief: Oil triggers Japan's drop Mon, Nov 17, 2008 | Add a comment OIL TRIGGERS JAPAN’s DROP Oil prices fell below $56 Monday and gasoline futures plunged to a new low as Japan joined a number of European nations in recession and provided even more...

Gasoline continues plunge; crude tumbles below $60 Tue, Nov 11, 2008 | Comments 5 HOUSTON - Retail gasoline prices dipped for a 17th week since July 4, falling below $2 a gallon in a number of states and approaching $1.50 at some service stations. The price of crude fell again...

SemGroup’s ex-CEO fights its demands Mon, Nov 10, 2008 Tom Kivisto, co-founder and fired chief executive officer of now-bankrupt SemGroup LP, has objected to the company’s attempts to obtain financial documents from him, including his tax...

Wall Street stages Election Day rally Tue, Nov 4, 2008 | Comments 1 NEW YORK - Wall Street enjoyed an Election Day rally Tuesday, surging as investors brushed off more weak economic data and looked forward to putting the uncertainty of the presidential voting...

Oil falls below $108 as traders mull bailout plan Wed, Sep 24, 2008 SINGAPORE (AP) -- Oil prices fell below $108 a barrel Tuesday in Asia in a choppy market driven by uncertainty about whether a $700 billion U.S. plan to buy bad mortgage debt will...

UN chief: Saudi to boost oil production Sat, Jun 14, 2008 RIYADH, Saudi Arabia (AP) -- Saudi Arabia plans to increase its oil production by 200,000 barrels a day next month, the kingdom's oil minister told U.N. chief Ban Ki-moon on Sunday,...

Gas hits national average of $4 for the 1st time Mon, Jun 9, 2008 NEW YORK (AP) -- The average price of regular gas crept up to $4 a gallon for the first time over the weekend, passing the once-unthinkable milestone just in time for the peak summer...

Proposed Revamp Taps Fed As Uber Cop Mon, Mar 31, 2008 WASHINGTON (AP) -- It's a Herculean task: revamping a financial regulatory system dating back to the Civil War to deal with 21st century crises imperiling the country. Under an...

Minn. Pipeline Fire Sends Oil Soaring Thu, Nov 29, 2007 CLEARBROOK, Minn. (AP) -- A fire at a pipeline from Canada that feeds oil to the United States killed two people and sent oil prices soaring before burning out Thursday morning, officials...

Natural gas stays steady Mon, Jul 30, 2007 In an unusual trend in recent history, the price of natural gas has held relatively constant for much of the past eight months. It's unclear whether the steady prices will continue through the...

Crude-oil futures post second gain Fri, Jun 16, 2006 Crude-oil futures rose for the second straight day Thursday, as concerns about inflation took a back seat to those about fuel demand this summer. Energy prices had plunged earlier in the week on...

Oil price drops after death of al-Qaida leader Fri, Jun 9, 2006 WASHINGTON - Oil prices fell for the third straight day Thursday following the death of al-Qaida's leader in Iraq and on concerns of a slowdown in global economic growth. Light sweet crude for...

Acquisitions boost Chesapeake to No. 3 Tue, Jun 6, 2006 Chesapeake Energy Corp. became the third-largest operator Monday in the natural gas-rich Barnett Shale area of Texas with acquisitions totaling $932 million. Chief executive tells why he buys...

Chesapeake announces Texas acquisitions Mon, Jun 5, 2006 Chesapeake Energy Corp. expanded its presence Monday in the natural-gas rich Barnett Shale area of Texas in deals valued at more than $930 million. The Oklahoma City-based company plans to buy...

Gas, oil refineries take minimal hit Thu, May 18, 2006 DALLAS - Oil companies said Monday that damage to their massive Texas refineries from Hurricane Rita appeared lighter than expected, but analysts still are predicting that retail gasoline prices...

Edmondson joins gas investigation Thu, May 18, 2006 Attorney General Drew Edmondson and nearly 40 other state attorneys general announced Friday they are joining to investigate the recent rise in gasoline prices in the wake of Hurricane Katrina....

Refineries Set for Storms, Officials Say Thu, May 18, 2006 Many people in south Oklahoma City, Moore, Del City, Mulhall, Midwest City, Stroud and other Oklahoma communities survived disastrous conditions Monday. Some did not. Some with homes near but not...