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Petroleum Industry

A collection of news and information related to Petroleum Industry published by this site and its partners.

Top Petroleum Industry Articles

Displaying items 56-66
  • Despite big jump in food prices, inflation remained tame last month

    Despite big jump in food prices, inflation remained tame last month
    WASHINGTON -- Despite a sharp jump in food costs, consumer prices increased just 0.1% last month in an indication inflation remains in check, the Labor Department said Tuesday. Over the previous year, the consumer price index has risen 1.1%. The...
  • Biden on mission to reassure NATO allies in Eastern Europe

    WASHINGTON -- Vice President Joe Biden arrived in Poland on Tuesday for a two-day tour to reassure Eastern European allies unnerved by Russian aggression in Ukraine that the United States is committed to their security. As Russian President Vladimir...
  • Carson considers temporary oil drilling ban over 'fracking' concerns

    The city of Carson is considering a temporary ban on all new oil drilling following a public outcry over a massive proposed oil project by Occidental Petroleum. Despite repeated assurances from Oxy that "fracking" and other well stimulation techniques...
  • Did 'fracking' play role in L.A. earthquake? Councilmen want to know

    Did 'fracking' play role in L.A. earthquake? Councilmen want to know
    Three Los Angeles City Council members want city, state and federal groups to look into whether hydraulic fracturing and other forms of oil and gas “well stimulation” played any role in the earthquake that rattled the city early Monday...
  • Officials probe whether L.A. earthquake caused oil leakage

    Officials probe whether L.A. earthquake caused oil leakage
    Work crews continued to scramble Tuesday to clean up crude oil that seeped from the ground and forced the closure of a Wilmington residential street, but it remained unclear what caused the leak or who was to blame. A Phillips 66 spokesperson said the...
  • Hillary Clinton, wary of Russia push, urges Europe energy independence

    Former Secretary of State Hillary Rodham Clinton said Tuesday that the U.S. must do more to encourage energy independence in Europe to guard against further aggression by Russian President Vladimir Putin. "What Putin did is illegal; it is against...
  • Carson slaps moratorium on oil drilling over fracking concerns

    Carson slaps moratorium on oil drilling over fracking concerns
    The Carson City Council passed a moratorium on all new oil drilling citywide late Tuesday night after dozens of residents spoke against a massive proposed oil project by Occidental Petroleum. In a 5-0 vote, council members imposed an immediate ban on...
  • U.S. electricity prices may be going up for good

    U.S. electricity prices may be going up for good
    As temperatures plunged to 16 below zero in Chicago in early January and set record lows across the eastern U.S., electrical system managers implored the public to turn off stoves, dryers and even lights or risk blackouts. A fifth of all power-...
  • State loan urged to help Hermosa Beach settle legal claim

    A South Bay assemblyman is proposing a loan of state funds to Hermosa Beach to take the financial heat off voters who are being asked to decide whether to allow oil drilling in their city for the first time in more than 80 years. The legislation would...
  • Oil industry group: 'Irresponsible' to link L.A. quake, fracking

    Oil industry group: 'Irresponsible' to link L.A. quake, fracking
    An oil and gas industry association blasted a push by several members of the Los Angeles City Council to investigate whether hydraulic fracturing and other forms of oil well stimulation played any role in the earthquake that rattled Los Angeles on Monday,...
  • Roland E. Meissner III November 23, 1944 - March 13, 2014

    Roland E. Meissner III  November 23, 1944 - March 13, 2014
    “Hap”, as he was known to everyone, passed away peacefully at home. A long-time resident of La Canada, Hap was a native of WI. He was a Chem. Eng. with a BS from UW, a MS from USC, and a MBA from CSULA. Hap started his career with ARCO in...