Shipwrecks offshore of South Carolina could hold 21 million gallons of oil  Charleston Post CourierMore than 400000 barrels of crude or heavy oil were aboard five tankers that have gone to the bottom since 1932 — two of them sunk by German U-boat …

Houston oil executive gets 18 years in prison for defrauding investors  ChronA Houston oil executive was sentenced to state prison for defrauding investors who thought they were paying for the drilling and testing of wells -- but instead ... Read …