Here's a list of the most expensive states to live in, as ranked by CNBC, based on metrics such as average home, food and energy prices.» Read More
JUNEAU, Alaska— The release of carbon dioxide into the air from power plant smokestacks to the tailpipe on your car could pose a risk to red king crab and other lucrative fisheries in Alaska, a new report says.
LONDON, July 28- "The world of energy may have changed forever," according to Professor James Hamilton of the University of California. "Hundred dollar oil is here to stay." Hamilton, who is one of the most respected economists writing about oil, made his bold prediction in a paper on "The Changing Face of World Oil Markets", published on July 20.
NEW YORK— Former Republican vice presidential candidate Sarah Palin has started her own subscription-based online network.
The U.S. Bureau of Ocean Energy Management announced Friday it is opening a 45- day comment period both to gather information on areas in the Beaufort Sea that have the most promising oil and gas potential, and to learn more about environmentally sensitive habitats and subsistence activities within the planning area.
He wants the USDA to purchase $37 million worth of canned pink salmon under a federal law that allows for buying surplus food from farmers and donating it to food banks or other programs.
Of the major oil- and gas-producing states, North Dakota and Louisiana gained six each, Ohio and Oklahoma were up two apiece and Colorado one. Texas lost 10 rigs, Alaska was off four, California and New Mexico were down two each and Kansas and Pennsylvania each dropped one. Arkansas, Utah, West Virginia and Wyoming were unchanged.
CALGARY, Alberta, July 25- Oil from a spill or oil well blowout in the Arctic waters of Canada's Beaufort Sea could easily become trapped in sea ice and potentially spread more than 1,000 kilometres to the west coast of Alaska, a World Wildlife Fund study showed on Friday. The remote Beaufort Sea is a section of the Arctic Ocean that spans the Canada- U.S. border.
JUNEAU, Alaska— Earthquakes jolted four different parts of Alaska on Friday. No one reported feeling smaller, unrelated quakes in the Brooks Range region and in north-central Alaska. The magnitude-5.9 quake in southeast Alaska was immediately preceded by a magnitude-5.3 foreshock and followed by multiple aftershocks, including one with a magnitude of 4.6.
United Continental Holdings also said it would repurchase $1 billion in stock. Delta Air Lines resumed a dividend and buyback last year and Southwest Airlines also pays dividends. Among the smaller carriers, Alaska Air Group pays a dividend.
July 24- The steel-making coal market needs to cut another 10 million tonnes of production to get into balance, the chief of Teck Resources Ltd said on Thursday after the Canadian miner reported a sharp fall in profit, mainly due to weak coal prices.
"Results were better than expected, with solid operating results in coal and copper," RBC Capital Markets analyst Fraser Phillips said in a note to clients. Teck cut its 2014 copper cost forecast to between $1.95 and $2.05 per pound from $2.00 to $2.20 a pound.
July 24- Canadian diversified miner Teck Resources Ltd reported a 44 percent drop in quarterly earnings, mainly due to "significantly" lower coal prices. On an adjusted basis, Vancouver- based Teck's earnings fell to 13 Canadian cents per share from 34 Canadian cents per share.
ANCHORAGE, Alaska— A tourist railway in Alaska is set to resume operations after a derailment injured 23 people. White Pass and Yukon Route Railroad Chairman John Finlayson said the company plans to resume service Friday. Two vintage locomotives and four passenger cars derailed Wednesday on the railroad's most popular route to White Pass Summit.
JUNEAU, Alaska— The trans- Alaska pipeline has moved its 17 billionth barrel of oil. The operator of the 37- year-old pipeline, Alyeska Pipeline Service Co., announced the milestone Monday. The pipeline runs from the prodigious North Slope to Valdez, from where tankers are shipped.
JUNEAU, Alaska— The companies pursuing a major liquefied natural gas project in Alaska have applied for an export license with the U.S. Department of Energy. Participants in the project include BP, ConocoPhillips, Exxon Mobil Corp., TransCanada Corp. and the Alaska Gasline Development Corp..
*U.S. National activity index June at 1230 GMT. LONDON, July 21- Copper steadied on Monday as risk-hungry investors saw value in a metal whose price lost 2.4 percent last week, though worries over China's property sector and a build-up of copper stocks kept gains in check.
HOUSTON, July 21- California refiners remain far behind peers elsewhere in the country in replacing expensive imports with cheaper North American crudes from a new production boom. More than half of the 1.7 million barrels of crude processed by California refineries each day is imported, largely from Saudi Arabia, Ecuador, Iraq and Colombia.
VANCOUVER, Washington, July 21- California's chance to keep a lid on some of the nation's highest gas prices and join in the spoils of a domestic oil production boom is threatened by quickly growing opposition to a rail terminal in Washington state.
NEW YORK, July 20- A decision by a Florida jury to impose punitive damages of $23.6 billion against RJ Reynolds Tobacco Company on Friday is likely to be rejected on appeal or the award reduced substantially, lawyers with expertise in jury awards said on Sunday.
NEW YORK, July 20- A decision by a Florida jury to impose punitive damages of $23.6 billion against RJ Reynolds Tobacco Company on Friday is likely to be rejected on appeal or the award reduced substantially, lawyers with expertise in jury awards said on Sunday. A Florida state court jury decided the award in a case brought by Cynthia Robinson of Pensacola.