Lawmakers renew push for drilling in Alaska wildlife refuge
ANCHORAGE, Alaska — Former U.S. Sen. Frank Murkowski in 2001 gave a speech urging colleagues to approve oil drilling in America's largest wildlife refuge. The Alaska Republican held up a blank sheet of paper to illustrate his point.
Obama bans future oil, gas leasing in areas of Arctic and Atlantic oceans
The move helps put some finishing touches on Obama's environmental legacy while also testing President-elect Donald Trump's promise to unleash the nation's untapped energy reserves.
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News Wrap: Obama critiques ‘vulgar’ campaign rhetoric, bans Atlantic drilling
In our news wrap Tuesday, the language and violence surrounding the 2016 presidential race drew sharp criticism from both parties, with President Obama publicly decrying the race’s “vulgar and divisive” rhetoric. Also, the Obama administration has banned oil drilling in…
Think you know how oil prices work?
A new working paper from the National Bureau of Economic Research remodels the relationship between oil prices and production, suggesting that the actual pressure inside the wells dictates the pace of extraction more than price swings.
A boat makes its way through a vast oil spill in the Gulf of Mexico on April 28. (Photo by Chris Graythen/Getty Images). More images below. As a massive oil slick in the Gulf of Mexico creeps to within a…
Since the explosion and destruction of the Deep Horizon oil rig last week in the Gulf Coast off Louisiana, hundreds of thousands of gallons of oil have continued bubbling up from the ocean floor. As the sheen of…
Environmental groups had a range of reactions to President Obama's announcement Wednesday that he would lift a longstanding moratorium on new offshore oil drilling along parts of the East Coast, Gulf of Mexico and northern Alaska. Most groups expressed…
President Obama on Wednesday announced a plan to expand offshore oil and gas drilling to parts of the mid-Atlantic coast, the eastern Gulf of Mexico and northern Alaska. The new rules would end a longstanding moratorium…
The past year's volatile gas prices are impacting the ongoing debate on whether to drill for oil off the coasts of Virginia and California. Spencer Michels reports on how the price swings and new technology are affecting the controversy.
