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Home Business (page 13)

Business

You can hold on to your taxes a little longer. IRS will delay tax filing due date until May 17

By Michael
March 17, 2021
in :  Business, National/World News
Comments Off on You can hold on to your taxes a little longer. IRS will delay tax filing due date until May 17
2,404

IRS will delay tax filing due date until May 17 By SARAH SKIDMORE SELL AP Business Writer Americans will be getting extra time to prepare their taxes. The Internal Revenue Service says it’s delaying the traditional tax filing deadline from April 15 until May 17. The IRS announced the decision Wednesday and said it would provide further guidance in the …

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OPEC, Russia send oil price up with deal to contain output

By Michael
March 4, 2021
in :  Business
Comments Off on OPEC, Russia send oil price up with deal to contain output
2,513

FRANKFURT, Germany (AP) — Caution about the pandemic took the upper hand Thursday at a meeting of the OPEC oil cartel and allied countries, as they left most of their production cuts in place amid worry that coronavirus restrictions could still undermine recovering demand for crude. Many analysts had expected a small production increase as the price of oil has …

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Interior nominee Haaland questioned on drilling, pipelines

By Michael
February 23, 2021
in :  Business, State/Regional News
Comments Off on Interior nominee Haaland questioned on drilling, pipelines
3,361

WASHINGTON (AP) — President Joe Biden’s nominee to head the Interior Department faced sharp questions from Republicans Tuesday over what several called her “radical” ideas that include opposition to fracking and the Keystone XL oil pipeline. Deb Haaland, a New Mexico congresswoman named to lead the Interior Department, tried to reassure GOP lawmakers, saying she is committed to “strike the …

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California lawmakers propose ban on fracking by 2027

By Michael
February 18, 2021
in :  Business
Comments Off on California lawmakers propose ban on fracking by 2027
2,654

SACRAMENTO, Calif. (AP) — New legislation would ban all fracking in California by 2027, taking aim at the powerful oil and gas industry in the state already planning to ban the sale of new gas-powered cars by 2035. Progressive California has long been a leader in combating climate change, requiring solar panels on new homes and passing a law to …

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N.M. foresees $339 million more in state income from oil in short run

By Michael
February 18, 2021
in :  Business
Comments Off on N.M. foresees $339 million more in state income from oil in short run
2,632

SANTA FE, N.M. (AP) — A rebound in oil and natural gas prices is changing the outlook for state government finances in New Mexico as the Legislature drafts a spending plan for the coming fiscal year. A team of economists from three state agencies and the Legislature said Wednesday that state government income is likely to increase by $339 million …

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VIDEO: DCP Pipeline Explosion 2-16-2021

By Michael
February 16, 2021
in :  Business
Comments Off on VIDEO: DCP Pipeline Explosion 2-16-2021
15,641

A DCP pipeline one mile south of NM Highway 8 near Monument, NM exploded about 4 p.m. Tuesday, February 16, 2021. No injuries were reported and no structures were harmed.

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Interior postpones March oil leases onshore and offshore

By Michael
February 13, 2021
in :  Business
Comments Off on Interior postpones March oil leases onshore and offshore
2,694

NEW ORLEANS (AP) — The Interior Department said Friday that it is postponing onshore and offshore oil lease sales planned for next month in line with President Joe Biden’s executive order on climate change. The Jan. 27 order instructed federal agencies to suspend oil and gas leasing until the leasing program is reviewed. In separate orders Friday, the Bureau of …

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AP sources: Biden to pause oil drilling on federal lands

By Michael
January 26, 2021
in :  Business, National/World News
Comments Off on AP sources: Biden to pause oil drilling on federal lands
3,344

WASHINGTON (AP) — President Joe Biden is set to announce a wide-ranging moratorium on new oil and gas leasing on U.S. lands, as his administration moves quickly to reverse Trump administration policies on energy and the environment and address climate change. Two people with knowledge of Biden’s plans outlined the proposed moratorium, which will be announced Wednesday. They asked not …

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Biden halts oil and gas leases on US land, water for 60 days

By Michael
January 21, 2021
in :  Business
Comments Off on Biden halts oil and gas leases on US land, water for 60 days
5,316

BILLINGS, Mont. (AP) — The Biden administration announced Thursday the suspension of new oil and gas leasing and drilling permits for U.S. lands and waters for 60 days as part a broad review of programs at the Department of Interior. The move follows President Joe Biden’s campaign pledge to halt new drilling on federal lands and end the leasing of …

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Biden halts oil and gas leases on US land, water for 60 days

By Michael
January 21, 2021
in :  Business
Comments Off on Biden halts oil and gas leases on US land, water for 60 days
5,885

BILLINGS, Mont. (AP) — The Biden administration announced Thursday the suspension of new oil and gas leasing and drilling permits for U.S. lands and waters for 60 days as part a broad review of programs at the Department of Interior. The move follows President Joe Biden’s campaign pledge to halt new drilling on federal lands and end the leasing of …

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Tatum council eyes ordinance to legalize side-by-sides in town limits

Hobbs News-Sun
17 hours ago

Tatum council eyes ordinance to legalize side-by-sides in town limits   Denise Marquez/News-Sun TATUM …

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