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A few miles outside Glacier National Park in northwest Montana is land known as the Badger-Two Medicine, the ancestral home of the Blackfeet tribe.

But it's also the site of 18 oil and gas development leases, and an energy company is heading to federal court March 10 to fight for the right to drill there after decades of delay.

Blackfeet tribal historian John Murray doesn't want the drilling to begin.

Oil prices have been rebounding this week from historic lows – but those lows have had a big impact on oil supplies in the U.S. There is such a glut of crude oil in the U.S. right now, that traders are running out of storage options, and they're turning to empty railcars. Here & Now's Robin Young talks with Jason Bellini of The Wall Street Journal about the implications.

The state inspector thought his visit to Odessa, Washington, would be routine: a knock on the door, a chat with the operators, a look around the corrugated metal warehouse where they ran a biodiesel plant.

But when Jerry French arrived at the TransMessis Columbia Plateau facility in eastern Washington this past March, the door was locked. It seemed abandoned, but he could see chemical drums inside through the windows.

It just didn’t look right, he thought.

After getting the door unlocked, French discovered the mess.

Washington state ends public comment Friday on a proposed oil terminal at the Port of Vancouver.

The Energy Facility Site Evaluation Council has taken public comment on the Vancouver Energy Project since November when it released its draft environmental impact statement.

The project is a joint venture backed by oil company Tesoro Corp. and logistics firm Savage Industries.

The agency is taking comments on its website until 11:59 p.m. Friday.

As Iran prepares to pump even more oil into an already glutted market, that oversupply isn't just making gas cheaper for your car — it's also causing jet fuel prices to go down sharply. And that's now pushing airfares down, too.

Activist Michael Lapointe at the BNSF Railway blockade in September 2014.
Rising Tide Seattle

Five climate change activists who blocked an oil train in Everett were convicted Friday of trespassing – but the jury gave environmentalists something to celebrate anyway.

This day is starting out really nasty if you happen to be an oil driller — or a baby boomer who would like to retire with a nest egg.

Through the night and into the morning, the price of oil has been falling. You can now buy a barrel for less than $30. (Remember, it was nearly $115 as recently as June 2014.) The market for oil has been thrown into disarray because of worries about possible declining Chinese demand and surging Iranian supplies.

That means U.S. oil producers will continue to see their profits plunge and industry layoffs worsen.

U.S. oil dropped below $30 a barrel during trading Tuesday. That’s the lowest price since December 2003.

The dip in price happened on the same day Washington state held a public hearing about a proposed oil terminal at the Port of Vancouver.

Oil was more than $100 per barrel when the Vancouver Energy Project was first announced back in the summer of 2013.

Still, backers of the oil terminal said the joint venture, between oil company Tesoro Corp. and logistics firm Savage Industries, is insulated from current market conditions.

Hundreds of people are expected to turn out Tuesday for the second public hearing on a proposed oil terminal in southwest Washington.

For the second time this month, the public will once again get to voice their thoughts about the Tesoro-Savage backed oil terminal called the Vancouver Energy Project.

The hearing is being lead by the Washington State Energy Site Evaluation Council.

Activist Michael Lapointe at the BNSF Railway blockade in September 2014.
Rising Tide Seattle

Five environmental activists who chained themselves to train tracks in Everett to protest oil and coal trains begin trial in Snohomish County District Court on Monday.

The activists face criminal charges alleging they trespassed on BNSF Railway property and blocked an oil train for eight hours on Sept. 2, 2014.

There were high-fives this week from Detroit to Washington, D.C., as carmakers celebrated record auto sales.

Americans bought 17.5 million cars and trucks in 2015. That's a huge turnaround from 2009, and the Obama administration cheered the rebound as vindication of the president's decision to rescue General Motors and Chrysler from bankruptcy.

"Because of the policy decisions that were made by this administration to place a bet on those workers, America has won, and our economy has been better for it," White House spokesman Josh Earnest told reporters Wednesday.

Like cheap gasoline?

Then you're in luck. Experts say gas prices very likely will keep falling. That's because a report released Wednesday showed a sharp increase in gasoline inventories.

The U.S. Energy Information Administration said that last week, companies added another 10.6 million barrels of gasoline, creating the biggest surge in supply since 1993. That added to fears that supplies will far outstrip demand for a long time.

Gas prices are under $2 a gallon across much of the country. That's because crude oil has plummeted to the lowest price in nearly a decade.

The average U.S. household has saved an estimated $700 this year because of lower gas prices. And drivers can expect more savings in 2016.

Recently, Sharlene Brown was filling up her minivan at a Philadelphia gas station. When prices are down, Brown says, she drives more.

"It changes where I go, who I pick up because a lot of times I pick up and do errands for the church," she says.

A budget deal that’s heading for final action Friday includes a provision that could create international demand for American oil — and help make the case for building rail-to-ship export terminals on the West Coast.

Congress is getting closer to lifting a 40-year-old ban on oil exports, a move that could be a boon for U.S. oil producers hoping to expand into the global market.

President Obama and environmentalists oppose ending the ban, but Congressional leaders made it part of a $1.14 trillion spending bill, unveiled Tuesday, greatly increasing its chance of passage.

Q&A: Vancouver Oil-By-Rail Environmental Review

Nov 24, 2015

Washington state released a detailed report Tuesday assessing the environmental impact of a proposed rail-to-marine oil terminal at the Port of Vancouver.

If built, the project would be the largest of its kind in the country.

It could move 360,000 barrels of crude oil daily by train from North Dakota to Vancouver. From there, the oil would be transferred onto ships and sent to West Coast refineries.

Here’s a closer look:

Washington state has released a detailed environmental assessment of a proposed oil terminal at the Port of Vancouver.

The draft report was released Tuesday by the state’s Energy Site Evaluation Council. It considers the oil-by-rail project’s possible impacts to things like environmental health, noise, and emergency preparedness in the event of an oil spill or explosion.

ISIS brings in millions and the US is all but helpless to stop it.

Nov 24, 2015
Goran Tomasevic/Reuters

In the wake of the attacks in Paris, more and more people are saying that when it comes to ISIS, it's time to follow the money.

But where does ISIS — often described as the richest terrorist organization — get their cash from?

According to Cam Simpson, a reporter for Bloomburg Business, the answer to that question is oil.

Washington state is scheduled to release a detailed environmental assessment Tuesday of the proposed oil terminal at the Port of Vancouver.

President Obama rejected the Keystone XL pipeline last week because of environmental concerns, but the decision may not be enough to keep Canada’s controversial tar sand oil locked in the ground.

Lucy Nicholson/Reuters

If you run into an oil man in a bar, you might want to buy him a drink. It’s been a bit of a tough week for the business. It was the end of the line for the Keystone XL pipeline, and possibly the beginning of big trouble for ExxonMobil concerning what it knew when about climate change.

After posting a gain of around $4 billion in the second quarter of 2015, Royal Dutch Shell says it lost more than $7.4 billion in the third quarter. Lower oil prices played a role, as did the costs Shell incurred when it shut down large-scale projects.

Faced with crude oil prices that have now been slumping for more than a year, Shell and other oil big companies are restructuring their businesses and cutting costs.

NPR's Jeff Brady reports:

Vancouver Port Candidates Differ On Oil Terminal

Oct 22, 2015

Voters in Vancouver, Washington, will elect a new port commissioner next month. The results could affect the future of a proposed oil terminal.

The terminal, called the Vancouver Energy Project, has deeply divided the region. And it has defined the race for the next Port of Vancouver commissioner.

This year, tens of thousands of dollars have poured into an election that since 2009 has traditionally seen candidates running unopposed.

The Environmental Protection Agency released new rules Tuesday requiring better monitoring and control of air emissions from oil refineries, including five operating in Washington.

Refineries are being targeted by the new rules in part because they emit volatile organic chemicals, greenhouse gases and the carcinogenic compound benzene.

Shell announced Monday it will seal and abandon the test well it drilled in Alaska's Chukchi Sea, and end its offshore exploration in the Arctic for the foreseeable future.

The company cited high costs, challenging federal regulations and poor results from a test well.

Shell Oil's Polar Pioneer left the Port of Seattle for Alaska on the morning of June 15, 2015.
KUOW Photo/Brian Gregory

Ross Reynolds speaks with Seattle Times economics columnist Jon Talton about how Shell Oil's decision to stop off-shore arctic oil drilling might affect Western Washington. Also, they talk about how Chinese President Xi Jinping's visit to the Seattle area could affect the economy long-term.

Shell's Polar Pioneer was greeted by dozens of protesting kayakers when it arrived in Seattle this spring.
KUOW Photo/John Ryan

Environmentalist are celebrating Shell’s decision to stop oil exploration off Alaska’s northern coast indefinitely, but the immediate future of the company’s base at the Port of Seattle is unclear.

Waterside Energy announced Wednesday plans to expand its proposed energy project in the Columbia River town of Longview, Washington.

In addition to a crude oil refinery, the company now wants to build a $450 million transload facility for liquid propane and butane gas, also known as LPG for liquified petroleum gas.

One unit train – about 115 tank cars long – would arrive from Canada at the facility every day, Waterside Energy CEO Lou Soumas said.

“Then loading it on gas carrier to go to the Asian markets,” he said. “The customer base is export.”

The Washington State Department of Ecology has just released its draft environmental review of two proposed oil terminals on the Washington coast. A third proposed terminal has not yet begun the environmental review process.

The terminals could be built in Grays Harbor, near Aberdeen, doubling current vessel and train traffic levels there.

The state's review found that traffic delays at railroad crossings in the nearby communities of Hoquiam and Aberdeen would increase significantly.

An energy company wants to build a transfer terminal in Longview, Washington that could handle liquefied petroleum gas and crude oil, according to documents reviewed Friday by OPB.

The project is an expansion on an already proposed oil refinery for Longview.

The documents were obtained by Columbia River Keeper through a public records request. They describe an “off-load and transfer terminal” at the Port of Longview that could handle up to two unit trains per day.

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