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Oil

McCrory praises eastern NC natural gas pipeline

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Gov. Pat McCrory says a proposed natural gas pipeline traveling through eastern North Carolina will serve as a tool to attract more jobs and industries to the state. McCrory visited Pembroke on Tuesday to highlight the announced construction of a 550-mile pipeline from West Virginia through Virginia and North Carolina, ending at current Piedmont Natural Gas facilities in Robeson County. Full story...
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NC troopers to add security to fracking hearing

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State officials say the N.C. Highway Patrol is stepping in to provide security so a public meeting on fracking can be held in Sanford. State Department of Environment and Natural Resources spokesman Jamie Kritzer says troopers will handle security Friday along with State Capitol Police officers. Full story...
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Oil and gas exploration moves forward in Atlantic

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videoThe Obama administration announced the first step toward oil and natural gas exploration off the Atlantic coast. Full story...
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Obama administration opens East Coast to oil, gas search

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A decision by the Obama administration is going to be welcomed by the oil industry, but not by environmentalists. Full story...
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Public asked to comment on NC oil, gas development

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The public now has a chance to comment on proposed rules for regulating oil and gas development in North Carolina. Officials with the state Mining and Energy Commission are seeking public input and have opened a comment period which lasts until Sept. 15. Full story...
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Conservationists, capitalists battle over seismic testing

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video It was standing room only at the Kure Beach Town Council Meeting with hundreds more standing outside hanging on every word of the debate. Full story...
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Report shows offshore drilling could be big business, but hurt fishing, tourism

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video Fishing and tourism are two multi-million dollar industries in North Carolina, but Dr. Mike Walden's new study says there could be even more money to be made if the coastline had a slightly different view featuring drilling wells. Full story...
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3 govs seek reconsideration of offshore oil, gas

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The Republican governors of Virginia, North Carolina and South Carolina are appealing to the Obama administration's choice for interior secretary to open up waters off their states' coasts to gas and oil exploration. Full story...
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Streak in gas price hikes ends at 27 days

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Gasoline prices have finally dropped after 27 days. The nationwide average for regular unleaded slipped less than a penny to $3.764 per gallon on Tuesday. Full story...
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FIRST ON 3: Crews can't find source oil leak on Wilmington riverfront

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Crews investigated an oil leak this morning along the Wilmington riverfront. The Coast Guard and Wilmington Fire Department were called out around 8 a.m. after someone walking along the Riverwalk spotted the oil in the Cape Fear River. Full story...
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NC Marines use booms, vacuums to clean fuel spill

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Officials at North Carolina's Marine Corps Air Station New River are using oil-absorbing booms and vacuum trucks to suck up fuel from a pipeline leak. Full story...
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While you pay $3.80 for gas, Exxon earns nearly $11 billion in first quarter

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Exxon says it earned nearly $11 billion in the first quarter, a performance that will likely land it in the center of the national debate over high gasoline prices. Full story...
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NC gas prices up 13 cents last week; Oil tops $106 a barrel

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Including the change in gas prices in North Carolina during the past week, prices yesterday were 77.7 cents per gallon higher than the same day one year ago and are 42.2 cents per gallon higher than a month ago. The national average has increased 36.0 cents per gallon during the last month and stands 73.6 cents per gallon higher than this day one year ago. Full story...
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Debate on offshore drilling continues

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videoWith the price of gas at an all time high, people are looking to Washington for a solution. In the U.S. alone, we consume nearly 21 million barrels of oil in a given day. To help alleviate the problem, President Bush has proposed lifting the offshore drilling ban for oil and natural gas. Full story...
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