The local average has dipped well below $3 a gallon, and prices haven’t been this low in about four years.
Supporters of high-volume oil and gas extraction said Wednesday that they’ll seek dozens of changes in proposed rules to govern the practice in Illinois that appear to violate a hard-won compromise between industry and environmentalists.
What worries the city’s fire chief is an industry trend of stringing 60 to 80 oil tankers cars on one train, compared to just two or three in earlier decades.
Reps. John Shimkus, R-Collinsville, and Rodney Davis, R-Taylorville, met at the Wood River Refinery Friday and Davis called on President Obama to sign the permit for the project.
Hundreds of gallons of oil have spilled into the Mississippi River after a barge accident early Friday morning near Alton.
State Rep. Mike Bost (R-Murphysboro) says the bill needs to pass as soon as possible, claiming it could be a “gold rush” for Illinois.
“We’ll peak somewhere between now and let’s say Cinco de Mayo,” Tom Kloza, of the Oil Price Information Service said.
David Friedman from the Clean Vehicles program at the Union of Concerned Scientists joined the show to discuss their plan to cut oil dependency in half.
Oil began flowing again Monday afternoon. Company spokesman Shawn Howard says the system will be operated at a slightly reduced pressure.
The two presidential candidates were asked a question by CBS Local about Obamacare vs. Romneycare and asked them to talk about the similarities or differences between the two plans.