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Surging Permian Basin Formations

July 9, 2014 11:14 am | by U.S. Energy Information Administration | Comments

The Permian Basin in Texas and New Mexico is the nation's most prolific oil producing area. Six formations within the basin have provided the bulk of Permian's 60% increase in oil output since 2007.              

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Lightning Causes Explosion, Fire & Oil Spill

July 9, 2014 11:09 am | by JOSH WOOD, Associated Press | Comments

A lightning strike sparked a fire and explosion that destroyed the third North Dakota saltwater disposal facility in recent weeks, sending thick black smoke billowing into the sky and leaving the smell of oil in the air.                            

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Oil Down To $103 On Bump In Libyan Supplies

July 9, 2014 11:03 am | by PABLO GORONDI, Associated Press | Comments

Oil prices inched down toward $103 a barrel Wednesday as supply concerns dissipated and investors awaited the release of figures on U.S. stockpiles of crude and refined fuels that will be a key indicator of demand.                      

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Authorities are investigating the discovery of a body at a southwestern Indiana aluminum plant.

Alcoa Reports 2Q Profit, Revenue Flat

July 9, 2014 10:55 am | by Associated Press | Comments

The company reported strong results in its engineered-products business, which makes parts for industrial customers, while looking to cut costs in its aluminum-smelting segment.                     

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Global Plan To Cut Emissions - U.S. Vs China

July 9, 2014 10:53 am | by LOUISE WATT, Associated Press | Comments

China and the United States took small steps toward their shared goal of fighting climate change, but the world's No. 1 and No. 2 carbon emitters remain significantly apart over a wider global plan to cut emissions.                       

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Mississippi Regulators Seek Input To Fight Carbon Emission Rules

July 9, 2014 10:45 am | by JEFF AMY, Associated Press | Comments

The Mississippi Public Service Commission is seeking input from others, including utilities, in its efforts to fight proposed federal rules that would cut carbon dioxide emissions from Mississippi's power plants.                          

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BP plans to create a separate, more competitive business to manage its onshore oil and gas assets, including its shale operations, in the 48 contiguous U.S. states.

Court To Reexamine BP Disaster Deaths

July 9, 2014 10:43 am | by KEVIN McGILL, Associated Press | Comments

Prosecutors tried Tuesday to persuade a federal appeals court to reinstate some of the manslaughter charges against two BP employees in a case arising from the deaths of 11 workers in the 2010 Deepwater Horizon rig explosion in the Gulf of Mexico.

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Maine Takes Another Swing At Banning The Shipment Of Tar Sands

July 9, 2014 10:41 am | by Associated Press | Comments

The city council is expecting another large turnout when it takes up a proposed ordinance that would prohibit loading tar sands crude oil onto ships.                               

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2 Injured In Fire At Chevron Phillips Chemical

July 8, 2014 11:31 am | by Associated Press | Comments

Chevron Phillips Chemical says two people are injured after a fire at its Port Arthur facility. A statement from the company says the situation at the southeast Texas chemical plant is "under control" and that all personnel have been accounted for.

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New Paper Processing Plant To Open In Mississippi

July 8, 2014 11:24 am | by JEFF AMY, Associated Press | Comments

A Wisconsin company will open a $48 million plant in Hattiesburg, Mississippi, to make paper towels, tissue and other projects, hiring 300 people over five years.                       

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Missouri Governor Signs Carbon Emissions Bill

July 8, 2014 11:20 am | by Associated Press | Comments

Gov. Jay Nixon has signed legislation directing Missouri regulators to develop their own standards for carbon dioxide pollution from power plants.                          

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ADM Makes $3B Natural Flavor Deal

July 8, 2014 11:16 am | by Associated Press | Comments

Archer Daniels Midland already makes sweeteners, fibers, emulsifiers and an array of other ingredients used in packaged foods and drinks. Now it's getting in the business of natural flavors.                           

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Investigation Into Chemical Leak Begins

July 8, 2014 10:53 am | by RAY HENRY, Associated Press | Comments

Yesterday's accident marked a third serious safety incident for MFG Chemical Inc. A worker was adding a chemical into a reactor to produce maleic anhydride and chemical reaction quickly produced a vapor that escaped before the worker could shut a lid. That worker inhaled the vapor and appeared to have injured his respiratory tract.

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A handful of the hundreds of creditors seeking compensation from the company at the center of West Virginia's chemical spill that deprived residents of usable tap water for days questioned top executives Tuesday in bankruptcy court.

Freedom Industries Fined $11K For Chemical Spill

July 8, 2014 10:39 am | by FREDERIC J. FROMMER, Associated Press | Comments

A federal agency has fined the company that spilled chemicals into West Virginia's largest water supply $11,000 for a pair of violations.                               

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3 Arrested At Power Plant Protest

July 8, 2014 10:35 am | by Associated Press | Comments

Three people have been arrested in a protest at a wood-burning power plant in Eugene, Oregon.                                        

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