Energy

The price of oil is higher after the government reported a bigger than expected drop in crude inventories.

Benchmark crude rose 50 cents to $94.17 per barrel Wednesday in New York. Brent crude gained $1

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CHEYENNE, Wyo. (AP) — A federal judge has dismissed a lawsuit from environmental groups that sought to block federal coal leases in Wyoming's Powder River Basin on the grounds that burning the coal would contribute to global warming

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NEW YORK (AP) — The price of oil climbed above $90 per barrel for the first time since May after the government said U.S. oil demand is on the rise.

The Energy Information Administration reported Wednesday that average oil demand increased last week in the U

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NEW YORK (AP) — The price of oil is falling after Fed Chairman Ben Bernanke gave no clues about whether the central bank would take further steps to boost the economy.

Investors had hoped that Bernanke would discuss a new plan Tuesday before congressional panel

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NEW YORK (AP) — The price of oil is climbing as Norway's North Sea crude production prepares to shut down.

Norway's oil industry, which produces more than 3.8 million barrels of oil and natural gas per day, says platforms will switch off by 8 p

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NEW YORK (AP) — The price of oil is falling on more signs of trouble for the economy.

U.S. employers added just 80,000 jobs in June — a disappointing number that shows the economy is still struggling three years after the recession ended

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SHERIDAN, Wyo. (AP) — Cloud Peak Energy has purchased an undeveloped coal mine along the Wyoming-Montana border that has the potential to bring hundreds of jobs to the Sheridan area.

According to the Associated Press, Wyoming-based Cloud Peak paid $300 million for the Youngs Creek Mining Company, a joint venture between Chevron USA Inc

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