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Judge: BP not to pay oil industry losses from moratorium

Judge: BP not to pay oil industry losses from moratorium

NEW ORLEANS (AP) — A federal judge ruled that BP does not have to pay for economic losses other businesses suffered when the federal government shut down deep-water drilling in the wake of BP’s catastrophic 2010 oil spill in the Gulf of Mexico. U.S. District Judge Carl Barbier in New Orleans issued his ruling late Thursday. The Obama administration imposed ...

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Oklahoma taps Rainy Day Fund for second consecutive year

Oklahoma State Capitol and flag. (Image: Nicolas Henderson via Flickr)

OKLAHOMA CITY (AP) — Oklahoma’s overcrowded prison system and stretched public school districts will receive $78 million from the state’s Rainy Day Fund under an emergency agreement among state Republicans leaders aimed at plugging a huge budget hole this fiscal year. It is the second consecutive year Oklahoma has tapped the fund reserved for extraordinary situations and follows a collapse ...

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Texas police: 1 injured in refinery-generator explosion

houston ship channel

PASADENA, Texas (AP) — One person was injured when a generator inside a refinery near Houston exploded, authorities said Saturday. Officials at the Pasadena Refining System Inc. facility are doing a head count, Pasadena police spokesman Vance Mitchell said. The injured person was taken to a nearby hospital but Mitchell did not know the person’s condition. In September 2011, there ...

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Texas retail gasoline prices jump 8 cents this week

texas retail gasoline prices increase

COPPELL, Texas (AP) — Retail gasoline prices across Texas have jumped an average 8 cents this week. AAA Texas on Thursday reported the average price at the pump rose to $1.60 per gallon. Nationwide gasoline prices are up 9 cents this week to reach an average $1.80 per gallon. The association survey found Dallas has the most expensive gasoline this ...

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Oklahoma officials order $235M cut to state agencies

Oklahoma State Capitol. (Image: Ben Dunham via Flickr)

OKLAHOMA CITY (AP) — Oklahoma finance officials on Thursday announced another $235 million in cuts amid the sharp drop in oil and natural gas prices, saying schools, prisons and other state agencies will see their budgets slashed by 7 percent for the rest of the year. Public schools alone will have nearly $110 million cut from their budgets for the ...

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