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Tagged Articles:
Oil

U.S. forecast: Expect oil to stay cheap for awhile

January 17, 2015, 4:00pm Business

WASHINGTON -- The federal government forecasts that low oil prices will continue through the year as a result of the global petroleum glut. Read story

A long line of rail cars containing oil sit on tracks south of Seattle in 2015.

Oil train safety focus of competing bills

A long line of rail cars containing oil sit on tracks south of Seattle in 2015.

January 15, 2015, 4:00pm Northwest

SEATTLE -- Lawmakers are pushing competing bills to improve oil train safety, as a spike in volatile shipments of crude oil by rail poses new risks in Washington. Read story

Associated Press files
An oil pump works at sunset in the desert oil fields of Sakhir, Bahrain, in October.

We burn through 3.8 billion gallons a day, so why’s oil so cheap?

Associated Press files
An oil pump works at sunset in the desert oil fields of Sakhir, Bahrain, in October.

January 14, 2015, 4:00pm Latest News

NEW YORK -- The world burns enough oil-derived fuels to drain an Olympic-sized swimming pool four times every minute. Global consumption has never been higher -- and is rising. Read story

Vancouver City Hall.

Vancouver council will not make NuStar decision

Vancouver City Hall.

January 12, 2015, 4:00pm Clark County News

The Vancouver City Council will not make the decision regarding NuStar's application to handle crude oil at the Port of Vancouver, City Attorney Bronson Potter said Monday. Read story

With low oil, gasoline prices, is Keystone still necessary?

January 11, 2015, 4:00pm Latest News

WASHINGTON -- A 50-percent plunge in the price of crude oil, resulting from abundant global oil supplies, and cheaper gasoline at the pump raise critical questions about whether the Keystone XL oil pipeline is still needed or even makes financial sense. Read story

Washington Gov.

Oil-terminal decision: How green is our governor?

Washington Gov.

January 10, 2015, 4:00pm Clark County News

A few months ago, President Barack Obama spoke to a room full of world leaders and tried to convey the importance of acting on climate change. Read story

A Chinese cargo ship loads soy beans next to the Imperium site in Hoquiam, one of three proposed oil terminal sites in Grays Harbor County.

Request denied in oil proposals

A Chinese cargo ship loads soy beans next to the Imperium site in Hoquiam, one of three proposed oil terminal sites in Grays Harbor County.

January 7, 2015, 4:00pm Business

The state agency that decides major energy projects denied a request on Wednesday that it take over the environmental impact review and permit decisions of two proposed oil-by-rail operations in Grays Harbor County. Read story

Tesoro Corp.

Groups’ suit makes new claims against Vancouver port

Tesoro Corp.

January 5, 2015, 4:00pm Business

Three environmental groups that accuse the Port of Vancouver of violating Washington's open public meetings law in approving a lease for an oil-by-rail terminal now allege port commissioners used not just one but multiple closed-door meetings to illegally exclude the public from their discussions of the project. Read story

Private Bakken club gets evicted

December 30, 2014, 4:00pm Nation & World

NEW YORK -- A private club in North Dakota's Bakken shale that once charged membership fees as high as $25,000 and served jumbo shrimp cocktail was evicted this month in a sign that oil's plunge is undercutting the region's go-go years. Read story

A column of smoke rises from an oil refinery in Beiji, some 250 kilometers north of Baghdad, Iraq, after an attack by Islamic militants on July 31.

Plunging oil prices has winners and some losers

A column of smoke rises from an oil refinery in Beiji, some 250 kilometers north of Baghdad, Iraq, after an attack by Islamic militants on July 31.

December 27, 2014, 4:00pm Business

NEW YORK -- For the first half of 2014 the oil market looked just as it had the year before -- and the 2 years before that. Oil was over $100 and drivers in the U.S. were paying around $3.50 for gasoline. Read story