News

Insight: The fight for North Dakota's fracking-water market
By Ernest Scheyder WATFORD CITY, North Dakota (Reuters) - In towns across North Dakota, the wellhead of the North American energy boom, the locals have taken to quoting the adage: "Whiskey is for drinking, and water is for fighting." It's not that they lack water, like Texas and California. They are swimming in it, and it is free for the taking. Yet as the state's Bakken shale fields have grown, so has the fight over who has the right to tap into the multimillion-dollar market to supply water to the energy sector. North Dakota now accounts for over 10 percent of U.S. ...
Imran Khan's party wins revote in Karachi, protests expected
ISLAMABAD (Reuters) - Cricket hero Imran Khan's Pakistan Tehrik-i-Insaf party won a revote in an upmarket constituency of Karachi on Sunday, unofficial results showed, a day after gunmen killed a party leader, setting the stage for protests and counter-protests. Khan blamed the killing of Zara Shahid Hussain on the Muttahida Quami Movement (MQM) party, which has a stranglehold on the city. Furious MQM leaders denied responsibility, condemned the killing and demanded a retraction from Khan. ...
China asks NKorea to release fishing boat, crew BEIJING (AP) — China is urging North Korea to release a Chinese fishing boat whose owner says it was seized by gun-toting North Koreans earlier this month and held for ransom, in the latest irritant in relations between the neighboring allies.
'Trek' does $70.6M but falls short of studio hopes
LOS ANGELES (AP) — "Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's expectations.
Analysis: At margins of shale oil boom, a tempered euphoria
By Kristen Hays and Jonathan Leff HOUSTON/NEW YORK (Reuters) - For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. Production surged far faster than any forecasts; drillers raced to secure space in new pipelines to get their crude to market. Now, at the periphery, that may be changing - at least for a while. News from two of the country's less developed shale plays in Colorado and Ohio last week offer a reality check for the wave of euphoria that has washed across the industry. ...

Insight: The fight for North Dakota's fracking-water market
By Ernest Scheyder WATFORD CITY, North Dakota (Reuters) - In towns across North Dakota, the wellhead of the North American energy boom, the locals have taken to quoting the adage: "Whiskey is for drinking, and water is for fighting." It's not that they lack water, like Texas and California. They are swimming in it, and it is free for the taking. Yet as the state's Bakken shale fields have grown, so has the fight over who has the right to tap into the multimillion-dollar market to supply water to the energy sector. North Dakota now accounts for over 10 percent of U.S. ...
Tornadoes level homes in Okla., 1 dead
SHAWNEE, Okla. (AP) — Authorities say a tornado that severely damaged a mobile home park southeast of Oklahoma City killed a 79-year-old man whose body was found in an open area of the neighborhood.
Okla. sheriff says 79-year-old man found dead at mobile home park severely damaged by tornado SHAWNEE, Okla. (AP) — Okla. sheriff says 79-year-old man found dead at mobile home park severely damaged by tornado.
'Trek' does $70.6M but falls short of studio hopes
LOS ANGELES (AP) — "Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's expectations.
Analysis: At margins of shale oil boom, a tempered euphoria
By Kristen Hays and Jonathan Leff HOUSTON/NEW YORK (Reuters) - For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. Production surged far faster than any forecasts; drillers raced to secure space in new pipelines to get their crude to market. Now, at the periphery, that may be changing - at least for a while. News from two of the country's less developed shale plays in Colorado and Ohio last week offer a reality check for the wave of euphoria that has washed across the industry. ...