Oil

(Photo by Justin Sullivan/Getty Images)

Overabundance of Crude Oil Leads to Low Gas Prices

The local average has dipped well below $3 a gallon, and prices haven’t been this low in about four years.

10 hours ago

File photo of a hydraulic fracturing site. (credit: Spencer Platt/Getty Images)

Industry to Seek Changes in ‘Fracking’ Rules

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.

09/10/2014

St. Louis Fire Department Engine House No. 22

St. Louis Fire Chief Weighs in on Quebec Oil Tanker Crash

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.

07/10/2013

File photo of pipe to be used for construction of a pipeline. (Photo by Tom Pennington/Getty Images)

Illinois Reps. Shimkus and Davis Renew Push For Keystone Pipeline

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.

05/31/2013

Photo: UPI/Bill Greenblatt

Barge Accident Spills 300 Gallons of Crude Oil into Mississippi River

Hundreds of gallons of oil have spilled into the Mississippi River after a barge accident early Friday morning near Alton.

05/03/2013

A worker cleans and lubricates the head of the machine, after the stimulation hydraulic fracturing of one segment of the well is finished, at Southwestern Energy Co.'s natural gas production site at the Marcellus Shale formation in Camptown, Pennsylvania, U.S. (Julia Schmalz/Bloomberg via Getty Images)

Illinois House Continues Battle Over Fracking Bill

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.

05/01/2013

National Average Of Gas Prices Drops Slightly Over Last 2 Weeks

St. Louis Gas Prices Will Rise Through Spring

“We’ll peak somewhere between now and let’s say Cinco de Mayo,” Tom Kloza, of the Oil Price Information Service said.

02/07/2013

tiam-weekend

TIAM Weekend: Oil Dependency & Christmas Concerts

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.

NewsRadio 1120 KMOX–12/09/2012

Pipeline 3

TransCanada Restarts Keystone Pipeline

Oil began flowing again Monday afternoon. Company spokesman Shawn Howard says the system will be operated at a slightly reduced pressure.

10/23/2012

President Barack Obama and Gov. Mitt Romney. (Getty Images/Luke Sharrett and Joe Raedle)

CBS Local Presidential Forum: Obama/Romney: Duke It Out Over Energy And Health Care

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.

10/15/2012

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