USAND

At $ 100 a barrel of oil, American diggers are trapped in precious shell basins

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DENVER, Feb. 8 (Reuters) – US oil prices are rising by $ 100 a barrel, with some of the world’s most expensive shellfish producers buying machinery and adding machinery and freight to areas where prices plummeted two years ago. US benchmark prices rose $ 93 a barrel last week, up 65 percent in the last … Read more

Top US oil companies compete for carbon offsets to accelerate licenses.

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January 26, 2010 (FBC) Top US oil producers are trying to control carbon offsets from federal regulators, demanding that the oil industry restrict its use of fossil fuels to combat global warming. Companies are proposing to carbon dioxide emissions (CCS) centers to control greenhouse gas emissions from refineries, chemicals and natural gas plants, which could … Read more