Tagged: oil

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Oil Subsidies
4:36 pm
Wed April 4, 2012

McCaskill continues fight to end oil subsidies

Credit (Joseph Leahy/St. Louis Public Radio)
Missouri Senator Clair McCaskill kicked off a state-wide campaign to change the federal tax code Wednesday at a gas station in downtown St. Louis.

Missouri Senator Claire McCaskill is renewing her call to end tax breaks for major US oil companies. Speaking at a gas station in downtown St. Louis Wednesday, the Democrat said the subsidies have done nothing to reduce gas prices across the country. 

"I do not think that what we give them now has resulted in any break at the pump," McCaskill said. "I think that is evidenced by the prices that we see around St. Louis and around Missouri in terms of gas prices."

A bill to end the subsidies failed in the Senate last week. 

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Oil / Jay Nixon
12:16 pm
Tue January 31, 2012

Missouri governor backs plans for new oil pipeline

Credit (UPI/Bill Greenblatt)
Mo. Gov. Jay Nixon.

Gov. Jay Nixon is endorsing plans for new oil pipeline that would cut across Missouri.

Nixon said Tuesday that his administration would work to approve whatever permits are necessary for Enbridge (U.S.) Inc. to build a 600-mile pipeline from Flanagan, Ill., to Cushing, Okla. The company is in the early stages of the project but hopes to begin construction in the middle of next year.

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Around the Nation
11:07 am
Wed October 19, 2011

Revolutionary oil skimmer nets $1 million X Prize

Originally published on Tue October 18, 2011 11:01 pm

A breakthrough in oil cleanup technology allows crews to skim spilled oil off the water's surface at a much faster rate. The new device wasn't developed by Exxon, BP or any of the major oil companies — it's the work of Elastec/American Marine, based in Illinois. And the design won the company a rich award from the X Prize Foundation.

Oil is attracted to plastic. And water is not. That, in essence, is the basis of Elastec's new skimmer.

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