natural gas

Shuttered Arizona Coal Mine Leaves Hopi, Navajo Tribes Without Vital Energy Resource, Financial Shares

Headlines in recent years have pitted Native Americans against the production of domestic energy infrastructure such as oil and gas pipelines that they claim harms their lands. But for the Hopi and Navajo tribes in northeastern Arizona, the shuttering of a strip coal mine and power plant has left tribe members without a source of heat in the winter as well as year-round revenue.

FILE - In this Sept. 4, 2011, file photo, smoke rises from the stacks of the main plant facility at the Navajo Generating Station, as seen from Lake Powell in Page, Ariz. The Navajo Nation company has ended its pursuit of a coal-fired power plant on the reservation and the …

Largest Oil and Gas Reserves Ever Assessed Found in West Texas

The U.S. Department of the Interior announced Thursday the Permian Basin’s Wolfcamp shale and Bone Spring formation spanning parts of West Texas and eastern New Mexico hold the largest potential oil and gas resources ever discovered. Federal surveyors note the Bone Spring plays could offer roughly seven times the amount of oil as the Bakken shale in North Dakota.

Oil rigs extract petroleum as the price of crude oil rises to nearly $120 per barrel, prompting oil companies to reopen numerous wells across the nation that were considered tapped out and unprofitable decades ago when oil sold for one-fifth the price or less, on April 25, 2008 in the …