energy

AP - Energy prices settled higher on a day of uneven trading after the government said the economic recovery slowed during the second quarter as consumers conserved their money.

AP - Williams Partners LP said Monday the Federal Energy Regulatory Commission approved plans for a $36-million expansion of its Transco natural gas pipeline in the Southeast.

AFP - The US government on Monday said BP’s ruptured well in the Gulf of Mexico gushed an estimated 4.9 million barrels of oil, making it the largest accidental oil spill of all time.

Reuters - U.S. stocks closed at their highest level in 10 weeks on Monday and the S&P 500 pierced key technical levels as a weaker U.S. dollar lifted the energy and raw materials sectors.

AP - Up to 9,000 people will be eligible for money from a $100 million fund set up by BP to help oil workers idled by a federal moratorium on deepwater drilling in the Gulf of Mexico.

AP - Environmental groups are protesting all but a dozen of the 76 latest oil and gas leases that the U.S. Bureau of Land Management plans to auction off in Wyoming.

AP - A federal oil spill task force says about 172 million gallons of crude made it out in the Gulf of Mexico after the well blew out.

AP - A public interest law firm is preparing to sue the owners of a pipeline that ruptured in southern Michigan and dumped hundreds of thousands of gallons of oil into a Kalamazoo River tributary, while area residents planned to voice their concerns Monday to government officials.

Reuters - BP Plc Chief Executive-designate Bob Dudley will fly to Moscow this week to meet government officials and BP’s oligarch partners in its Russian venture as the oil giant prepares to plug its blown out Gulf of Mexico well for good.

AP - Alaskans should know by the end of Friday whether natural gas producers have any interest in building a major pipeline in the state. But few other details will likely be released when TransCanada Corp. officially ends its 90-day process of seeking shipping commitments for its proposed line.