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West Virginia

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  • US rig count decreases 43 to 1,267 Friday, 27 Feb 2015 | 2:49 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 43 this week to 1,267 amid depressed oil prices. Of the major oil- and gas-producing states, North Dakota's count fell by 11, Oklahoma lost nine, Louisiana seven, Texas six, New Mexico four, Colorado three and Wyoming two.

  • PHOENIX— Former Arizona Congressman Rick Renzi reported to a federal prison in West Virginia on Friday to begin serving a three-year sentence for corruption, money laundering and other convictions. Bureau of Prisons spokesman Edmond Ross confirmed Renzi had arrived at the Morgantown, West Virginia, facility. Renzi, a Republican, represented Arizona's 1st...

  • Shenandoah Telecom tops 4Q profit forecasts Friday, 27 Feb 2015 | 7:24 AM ET

    EDINBURG, Va. _ Shenandoah Telecommunications Co. on Friday reported fourth-quarter profit of $8.6 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. The telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia posted revenue of $82.8 million in...

  • West Virginia exports decline 13 percent in 2014 Friday, 27 Feb 2015 | 2:16 AM ET

    CHARLESTON, W.Va.— A sharp drop in coal shipments is being blamed for a 34 percent decline overall in West Virginia's exports since their record $11.3 billion peak in 2012, state Commerce Secretary Keith Burdette said Friday. West Virginia, the nation's largest coal exporter, saw its shipments drop from $7.4 billion in 2012 to $3.1 billion in 2014, Burdette said.

  • On Feb. 5, the Transportation Department sent the White House draft rules that would require oil trains to use stronger tank cars and make other safety improvements. The most serious killed 47 people and destroyed the town center of Lac Megantic in Quebec, Canada, just across the border from Maine, in 2013.. But among them are a stronger tank car design that includes...

  • Tracks reopen where oil train derailed in West Virginia Thursday, 26 Feb 2015 | 6:29 PM ET

    MOUNT CARBON, W.Va.— A rail line has reopened in southern West Virginia where an oil train derailed earlier this month. Cleanup activities continue at the site in Mount Carbon. And about 97,000 gallons of an oil-water mix have been recovered from containment trenches near the Kanawha River.

  • American Public Education posts 4Q profit Thursday, 26 Feb 2015 | 5:54 PM ET

    CHARLES TOWN, W.Va. _ American Public Education Inc. on Thursday reported fourth-quarter profit of $11.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share. American Public Education shares have dropped 7 percent since the beginning of the year.

  • WASHINGTON, Feb 25- U.S. senators said on Wednesday they are working on a bipartisan plan to keep the U.S. Export-Import Bank open but the treatment of coal-fired power projects is holding up a final deal. Republican Mark Kirk and Democrat Joe Manchin said they wanted to craft a compromise to satisfy both Democrats who support the bank and Republicans who want...

  • NEW YORK, Feb 24- A CSX Corp rail line in West Virginia remained shut following an explosive oil train derailment on Feb. 16 that damaged the roadbed and tracks, though the type of work required to return the line to service could be completed "in days," a CSX spokeswoman said Tuesday. CSX has rerouted trains carrying oil on the line that runs from North Dakota to an oil...

  • State-by-state breakdown of used cars with open recalls Tuesday, 24 Feb 2015 | 12:18 PM ET

    Carfax, a company that sells vehicle history reports to dealers and car buyers, searched recalls and state registration databases and found that more than 46 million cars are on U.S. roads with recalled parts that have yet to be repaired. Here is a state-by-state breakdown of cars with unfixed recalls in 2014:. Source: Study of 2014 state registration data by...

  • Barbara Lee and John Fleming are highly dubious at best about President Barack Obama's requests for enhanced powers to make trade deals and to deploy the U.S. military. Ideological chasms usually separate Democrat Lee of California— one of Congress' proudest liberals— and Republican Fleming of Louisiana, among its staunchest conservatives.

  • Capitol Hill Buzz: Sen. Hatch prepping health plan Monday, 23 Feb 2015 | 2:49 PM ET

    WASHINGTON— Senate Finance Committee Chairman Orrin Hatch is backing a Supreme Court challenge to one of the keystones of President Barack Obama's health care law. The Supreme Court is scheduled to hear arguments next week in a case by conservatives and Republicans that says many subsidies the law provides for millions of people are unconstitutional.

  • TORONTO, Feb 23- A train derailment in Canada this month that set ablaze several new-model tank cars carrying crude oil shows the need for tougher rail car standards, Canada's safety watchdog said on Monday. The Canadian National Railway Co. train, carrying crude and petroleum distillates, derailed in northern Ontario on Feb. 14, setting seven of its 100 cars on...

  • TORONTO— A fiery oil train derailment in Ontario this month suggests new safety requirements for tank cars carrying flammable liquids are inadequate, Canada's transport safety board announced Monday. The accident was the latest in a spate of fiery derailments in Canada and the U.S., a trend which American safety officials say drives home the need for stronger...

  • NEW YORK, Feb 23- A cleanup was continuing in the Kanawha River in West Virginia on Sunday after an oil spill last week following the derailment of a CSX Corp train, though drinking water was not affected, the company and federal officials said. Twenty seven of the train's 109 cars carrying 3.1 million gallons of crude oil from North Dakota to Virginia came off the...

  • The projection comes from a previously unreported analysis by the Department of Transportation that reviewed the risks of moving vast quantities of both fuels across the nation and through major cities. The study completed last July took on new relevance this week after a train loaded with crude derailed in West Virginia, sparked a spectacular fire and...

  • OTTAWA, Ontario— Canada's railways will have to pay for a disaster relief fund under proposed legislation introduced in response to an oil train explosion that killed 47 people in Quebec in 2013.. A spokesman for the Canadian Association of Petroleum Producers said the new levy amounts to 25 cents per barrel of oil shipped by rail. Lac Megantic acting mayor...

  • The trains will likely travel instead on a track that hugs the New River and at one point sweeps into the Pembroke town limits. In line with a federal protocol established last year following a string of fiery derailments across North America, the Virginia Department of Emergency Management on Tuesday informed 16 counties and cities that oil trains could be...

  • US rig count decreases 48 to 1,310 Friday, 20 Feb 2015 | 1:46 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 48 this week to 1,310 amid depressed oil prices. Of the major oil- and gas-producing states, Texas' count fell by 22, Oklahoma lost 16, North Dakota and Wyoming each lost four, Alaska lost three, Colorado lost two and California and Utah...

  • WILLISTON, N.D., Feb 19- This week's oil train derailment and resulting explosion in West Virginia are likely to heighten scrutiny of new regulations pending in North Dakota, where the oil was produced, aimed at reducing the chance of such disasters. The cargo in Monday's accident was loaded onto a BNSF Railway Co locomotive at a facility owned by Plains All...