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Author Archives: Ben Karkela

New Mexico settles with Texas well operator

Oil_Slick

SANTA FE, N.M. (AP) — New Mexico oilfield regulators have reached a settlement agreement with a Texas well operator in response to spills of oily salt water at the company’s waste-water injection sites and oil wells. The New Mexico Oil Conservation Division confirmed Tuesday the agreement with Siana Operating of Midland, Texas, that outlines a timeline for cleaning up the ...

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2015 Louisiana economy slows as government, services shrink

Louisiana

NEW ORLEANS (AP) — New figures show Louisiana’s economy slowed in 2015, but expanding refineries and chemical plants kept growth alive despite low oil prices, a shrinking private service sector and lower government activity. Gross domestic product numbers released Tuesday by the federal Bureau of Economic Analysis try to measure all the economic output of each state. Louisiana’s economy grew ...

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Scientists: Drop Arctic from plans for offshore drilling

offshore drilling, Arctic

ANCHORAGE, Alaska (AP) — Nearly 400 scientists have signed a letter urging President Obama to eliminate the possibility of Arctic offshore drilling in the near future by taking the Arctic Ocean out of the next federal offshore lease sale plan. The scientists include Jane Lubchenco, Obama’s former administrator of the National Oceanographic and Atmospheric Administration, now a researcher and teacher ...

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Leaders ask Oregon, Washington governors to ban oil-by-train

Federal, state and local agencies are responding to a fire at a train derailment and potential oil spill near the Columbia River in Oregon, June 3, 2016. The 100-car train reportedly carrying crude oil from North Dakota derailed near the town of Mosier. (U.S. Coast Guard photo by Petty Officer 1st Class Levi Read)

PORTLAND, Ore. (AP) — Portland and Multnomah County leaders on Tuesday urged the governors of Oregon and Washington to push Congress for a permanent ban on oil-by-rail in the wake of a fiery train derailment along the Columbia River. The June 3 derailment in the town of Mosier showed transporting oil by train is dangerous and unnecessary and should be ...

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US industrial output fell in May; auto production plummeted

industrial output

WASHINGTON (AP) — Falling auto production fueled a broader decline in U.S. industrial output in May, a potentially worrying sign that manufacturers face economic challenges. The Federal Reserve said Wednesday that industrial output — which includes factories, mines and utilities — dropped 0.4 percent from April. The decline reversed the 0.6 percent gain seen between April and March, an improvement ...

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US stocks bounce back as mining and consumer companies rise

stocks

NEW YORK (AP) — U.S. stocks are rising Wednesday morning after a four-day losing streak. Mining companies and consumer stocks are making some of the largest gains. Energy companies are falling as the price of oil continues to slide. KEEPING SCORE: The Dow Jones industrial average rose 53 points, or 0.3 percent, to 17,728 as of 9:52 a.m. Eastern time. ...

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University of Wyoming trustees to hear plan on budget cuts

The Old Main building on the University of Wyoming campus. (Image via Wikimedia Commons)

LARAMIE, Wyo. (AP) — The University of Wyoming Board of Trustees was scheduled to discuss Wednesday how the state’s only public four-year university will cut more than $40 million from its budget over the next two years. New UW President Laurie Nichols will present the trustees with her plan to start cutting the budget, beginning July 1. The state has ...

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Eagle Ford shale to benefit from $3.6B pipeline projects

Eagle Ford, pipeline, natural gas, Mexico

Eagle Ford shale producers are benefiting from Mexico’s need for more electricity. Mexico’s state-owned Federal Electricity Commission recently awarded $3.6 billion in pipeline projects to TransCanada, Spectra Energy and others. The projects will transport shale gas from Texas to Mexico to help meet the country’s growing electricity needs. For decades, Mexico’s electric power infrastructure has been hampered by inefficiency and ...

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Oklahoma City-based Kimray Inc. announces more layoffs

Kimray

OKLAHOMA CITY (AP) — An Oklahoma City-based company that makes equipment used in oil- and gas-fields will lay off 120 employees by the end of the week. The layoffs at Kimray Inc. announced Monday come after the company laid off 65 employees in March. Another 128 employees accepted voluntary buyouts in 2015. The latest cuts will leave the company with ...

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New York grants offer $12 million for gas station generators

New York, generators, gas station

MINEOLA, N.Y. (AP) — New York state is providing $12 million in grants for the installation of permanent emergency generators at downstate gas stations. A statement from Gov. Andrew Cuomo says the generators are needed to provide back-up power following major storms. Hundreds of gas stations were without power and customers waited on long lines for weeks at stations that ...

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