Energy Sector

BP Reducing Alaska Workforce This Year

BP Reducing Alaska Workforce This YearA BP spokeswoman said that the company is cutting about two hundred and seventy jobs in Alaska.

In Eight Days the Crude Oil Futures Rise for First Time

In Eight Days the Crude Oil Futures Rise for First TimeOn Wednesday, the crude oil futures scaled for the very first time in more than a week. Last week the U. S.

California Lawmakers Seek Stricter Regulation to Avoid Gas Leaks from Storage Wells

California Lawmakers Seek Stricter Regulation to Avoid Gas Leaks from Storage Wells Stronger regulations are being brought in by the California lawmakers to avoid natural gas storage leaks. One recent in Los Angeles have sickened many residents and forced thousands or people to move away from their homes.

Earthquake in Oklahoma Rises; Call for Restrictions on Energy Firms on the Cards

Oklahoma earthquakesOklahoma experienced some strong earthquakes last week. One of them was the strongest ever recorded in the entire state. That has now led the governor to think about making changes regulations for drilling for oil and gas and lessen the seismic activities, which the scientists connect to the processes involved in the energy industry.

Lundberg Survey Reveals, Average U.S. Gasoline Price Drops One Cent in Three Weeks

Lundberg Survey Reveals, Average U.S. Gasoline Price Drops One Cent in Three Wee

On Sunday, a Lundberg survey released said that the average price of regular-grade gasoline a gallon in the U.S dropped one cent to $2.05 in the last three weeks. The slight drop in prices remained the lowest since 2009.

According to Lundberg, the prices might carry on dipping as crude oil prices dropped and the refineries are running at a high rate. Compared to one year ago, the present gas price is fifteen cents per gallon lower.

AAA says Hawaii Drivers Enjoyed Lowest Gas prices Since 2009 in December 2015

AAA says Hawaii Drivers Enjoyed Lowest Gas prices Since 2009 in December 2015AAA reports that drivers in Hawaii are enjoying the lowest gas prices since 2009. According to Weekend Gas Watch report from AAA, Hawaii drivers saved hundreds of dollars while buying gas at the pump in 2015.

The average price in the state on Thursday was $2.69, that's a cent less compared to last Thursday and 82 cents lower than the same day one year ago.

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