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New Oil & Gas Board In the Works

BOISE, Idaho (AP) — Idaho may set up a new board to oversee its emerging oil and natural gas industry, a bid to put more-knowledgeable people with fewer conflicts of interest in charge.  The Idaho Statesman reports the Department of Lands is drafting the proposal for the 2013 Legislature

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U.S. Gas Prices Rise To $3.13 A Gallon
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Gas A Little Cheaper, But its Not Cheap

NEW YORK (AP) — Gasoline across the U.S. is cheaper after a week of rapid price declines. But it still isn't cheap. The national average for a gallon of gas has dropped 13 cents in the past week to $3

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US to Become Top Oil Producer

NEW YORK (AP) — U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer. The boom in production is being driven by high oil prices and new drilling methods that are allowing energy companies to unlock oil trapped between rocks

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Gas Prices Drop amid Foreign Unrest

(AP)-The price of oil is dropping as protests in Greece and Spain offer visible reminders that Europe is still struggling to resolve its debt crisis. Benchmark oil fell $1.54 to $89.83 per barrel Wednesday in New York

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