oil

T. Boone Pickens, who amassed a fortune as an oil tycoon and corporate raider and gave much of it away as a philanthropist, has died. He was 91.

President Donald Trump's proposal to sell nearly half the U.S. emergency oil stockpile is sparking renewed debate about whether the Strategic Petroleum Reserve is still needed amid an ongoing oil production boom that has seen U.S. imports drop sharply in the past decade.

ANCHORAGE, Alaska (AP) — As Alaska faces a multibillion dollar budget deficit, the oil fund wealth checks distributed yearly to nearly every Alaskan could be on the chopping block.

RALEIGH, N.C. (AP) — Federal authorities say a U.S. Army soldier and three former soldiers have been sentenced for their involvement in a bribery scheme in Afghanistan that resulted in the theft of more than $10 million worth of fuel.

PIERRE, S.D. (AP) — The state Public Utilities Commission has postponed a meeting for the public to provide input to the regulatory board on the portion of the Keystone XL pipeline that would run through South Dakota.

TEXAS CITY, Texas (AP) — No timetable has been set to reopen the Houston Ship Channel after nearly 170,000 gallons of tar-like oil spilled into the busy Texas waterway.