Oil production in U.S. seen tumbling due to price drop
Amid booming U.S. production and high OPEC output, the benchmark price of oil plunged from more than $100 per barrel last year to about $45 this week.
Amid booming U.S. production and high OPEC output, the benchmark price of oil plunged from more than $100 per barrel last year to about $45 this week.
The Alliance of Indiana Rural Water recently named Connersville as having the best-tasting water in Indiana. The city’s economic development agency is looking into bottling that award-winning water.
Indy Parks Director John Williams has accepted the position of director of parks and recreation in Waco, Texas, the city of Indianapolis announced Wednesday morning.
Sure-Tech Laboratories wants to relocate its Indianapolis operations from leased space at 2435 Kentucky Ave., south of Raymond Street, to a 5,832-acre site west of South Girls School Road and north of West Washington Street.
BlueIndy plans to charge past its skeptics as its electric car-sharing program launches in Indianapolis Sept. 2, leaving behind the political consternation about whether Mayor Greg Ballard went rogue in green-lighting the program in the first place.
An analyst said gasoline prices in Indiana and neighboring states served by the refinery could fall 20 cents to 50 cents a gallon over the next two weeks.
Carol Comer, the chief of staff at the Indiana Department of Environmental Management, has been promoted to commissioner by Gov. Mike Pence, the state announced Tuesday.
The Indiana Utility Regulatory Commission on Thursday approved agreements between Duke Energy Indiana and the developers of the four solar farms in the works around the state.
The company, which recently opened a $3.8 million warehouse/headquarters near the Interstate 70/Emerson Avenue exchange, has about 200 employees now but might have 500 within a few years.
Average prices for Grade A large eggs delivered to the store in the Midwest hit a range of $2.73 to $2.81 per dozen, the USDA said in the report released Wednesday.
Record summer rains have damaged roughly a quarter of Indiana's soybean and corn crops, an estimated $400 million loss.
The agency declared 53 counties as primary disaster areas Wednesday because of damages and losses that farmers have incurred. Farmers in 35 other Indiana counties contiguous to the 53 also are eligible for the loans.
The Purdue Land Value and Cash Rent Survey shows prices for the state’s top-quality farmland declined by 5.1 percent from 2014 to this year
Mike Pence joined a chorus of other Republican governors in vowing full-scale resistance, including outright defiance, of President Obama’s curbs on greenhouse-gas emissions from power plants.
Indiana environmental groups are applauding President Barack Obama's newly announced mandatory cuts in greenhouse gas emissions, but Indiana Gov. Mike Pence said doesn’t intend to comply with the proposal.
Gov. Mike Pence and Sen. Joe Donnelly are asking the U.S. agriculture secretary to declare 53 of Indiana's 92 counties disaster areas because of crop damage and losses caused by flooding and excessive rain.
The proposed $450 million reservoir near Anderson—created by damming the White River—should be reviewed by a state legislative committee, according to a lawmaker opposed to the project.
Indiana has more damage from excess moisture than any other agricultural state, according to the U.S. Department of Agriculture. Purdue University estimates losses to the state’s corn and soybean crops at $300 million and $200 million, respectively.
The city of Indianapolis is partnering with the Toledo company to build the $1.2 million project in a retrofitted, southeast-side warehouse.
Sales at Dow AgroSciences LLC fell in the second quarter due to lower demand in the Americas and a stronger U.S. dollar. Dow’s profits, however, rose 8 percent due to cost-cutting and the sale of one product line.