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Author Archives: Zachary Toliver

Trump, other non-Texans may have Cruz defending home turf

AUSTIN, Texas — In tea party friendly Texas, no political star has burned brighter in recent years than Ted Cruz. He rode a grassroots groundswell to an upset Senate victory in 2012, further solidified his conservative credentials by helping lead a government shutdown and has built his presidential campaign around wooing the Republican Party’s far right wing. But Cruz may ...

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Fracking foes say Ohio elections chief exceeds his authority

COLUMBUS, Ohio — Residents in three Ohio counties where Secretary of State Jon Husted (HYOO’-sted) invalidated anti-fracking ballot issues this fall are arguing that voters, not the elections chief, should decide the substance of such issues. In a filing Tuesday, residents in Fulton, Medina (meh-DY’-nuh) and Athens counties tell the Ohio Supreme Court that Husted was supposed to decide the ...

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9-year-old injured in Russian Pipeline Fire (video)

An underwater oil pipeline was the cause of a giant oil slick fire in Moscow, Russia last week. Seriously, you have to see this video. The state-owned oil pipeline company Transneft initially confirmed its pipeline was involved in the unfortunate spill. But once the blaze was under control and the pipeline could be analyzed, no damage could be found, according ...

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Environmentalists in Anchorage rally against Arctic drilling

ANCHORAGE, Alaska — Environmentalists rallied Monday against oil drilling in the Arctic, gathering at an Anchorage park near a climate change conference President Barack Obama was scheduled to attend later in the day. A few hundred people attended the two-hour rally, waving signs with such messages as “There is no plan B” and “We are making our earth sick.” The ...

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Oil market displays its irrational side: Kemp

(John Kemp is a Reuters market analyst. The views expressed are his own) LONDON – U.S. crude prices jumped more than 27 percent in three trading days between Thursday and Monday, which should convince even the most die-hard believers the oil futures market is neither efficient nor rational. The rally has left traders, analysts and journalists struggling to make sense ...

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Russia says oil output could decline if prices stay low

putin

MOSCOW – Russia will not deliberately cut oil production to prop up prices, however its output may decline if prices remain low, local news agencies quoted Deputy Prime Minister Arkady Dvorkovich as saying on Tuesday. He also said that Russia was ready to discuss measures aimed at oil price stabilization with the Organization of the Petroleum Exporting Countries (OPEC) and ...

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OPEC cracks, ready to talk with world producers

The stubborn drive of OPEC is finally weaning down as the crude cartel has stated that it’s ready to talk to other producers about crashing oil prices, according to a release from an OPEC publication on Monday. “Today’s continuing pressure on prices, brought about by higher crude production, coupled with market speculation, remains a cause for concern for OPEC and ...

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