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Despite warning, Murray Energy says no layoffs expected

LOUISVILLE, Ky. (AP) — Coal giant Murray Energy says it’s not expecting to lay off any of the 4,400 miners in six states who recently received notice that they could lose their jobs. A news release from the St. Clairsville, Ohio, company says “no layoffs are contemplated or expected at this time.” CEO Bob Murray told The Associated Press on ...

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Oil prices skid as traders worry there’s a fuel glut

fuel glut, oil prices

NEW YORK (AP) — Oil prices fell nearly 5 percent on Thursday after a government report on fuel stocks reinforced worries about an oil glut. The report said that crude inventories are declining at a slower pace than expected. Stockpiles of oil and gasoline remain high, even though people drive more during the summer. A country awash in fuel has ...

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Oklahoma oil, gas tax revenues up, but downturn continues

"Foggy Bottom Pump Jack" in Duncan, Oklahoma. (Image: duggar11 via Flickr)

OKLAHOMA CITY (AP) — Oklahoma reported modest increases in tax revenue from oil and gas production over the past two months, although those collections fell short of last year’s marks. The state is going through a continued economic downturn as gross tax receipts for June were $925.7 million, or 7.4 percent lower than the June 2015 total, Oklahoma State Treasurer ...

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AAA auto club says not all gasoline is the same

gasoline

Many motorists are clogging their car’s engine by not using gasoline with enough added detergents. That’s the conclusion of a study released Thursday by the AAA auto club. Federal rules in place since 1996 require all gasoline to have some engine-cleaning additives, but many major brands have extra detergents. AAA said tests it commissioned from an independent lab found that ...

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Ford Explorers investigated for exhaust gas odor inside SUV

ford explorer

NEW YORK (AP) — The U.S. government is investigating complaints from Ford Explorer owners who say they smelled exhaust gas inside the SUV. The National Highway Traffic Safety Administration said it received 154 complaints involving Ford Explorers with model years between 2011 and 2015. One driver said the odor caused a low-speed crash. No injuries were reported. The NHTSA and ...

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California attorney general subpoenas refiners on gas prices

refinery, California

The California attorney general has issued subpoenas to several oil refiners to learn how they set gasoline prices, which are consistently higher in California than in most other states. Chevron Corp., Exxon Mobil Corp., Valero Energy Corp. and Tesoro Corp. confirmed on Thursday that they have received subpoenas in recent weeks. The attorney general is making a sweeping request for ...

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The Latest: Family hopes fatal Tesla crash spurs innovation

Tesla, self-driving car

WASHINGTON (AP) — The Latest on the first reported death of a motorist using self-driving technology (all times local): 10:20 a.m. Relatives of the Ohio man who became the first U.S. fatality in a wreck involving a car in self-driving mode say they hope information learned from the tragedy will lead to more innovation and safety improvements. The family statement ...

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What the Dallas Fed Quarterly Report means for Eagle Ford shale jobs

oil rig by Pixabay

On June 29th the latest quarterly report released by the Federal Reserve Bank of Dallas addressed the capital spending, costs, production levels, employment and overall current business activities of energy companies from Louisiana, New Mexico and Texas. From approximately 200 gas and oil companies surveyed, 42 percent stated that they expect their employment levels to remain consistent with those of ...

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Emerging Company H2O Midstream to focus on water infrastructure

produced water, water infrastructure, h2o midstream

A new player on the midstream oil and gas field, H2O Midstream, LLC has set their sights on reducing costs by improving strategic water management in the oil and gas industry. According to Chief Executive Officer Jim Summers, “We see a tremendous opportunity to help the industry lower costs, increase reliability and improve safety performance while allowing producers to focus ...

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