Energy in America

California regulators have issued at $12.5 million fine to an oil company with a long history of safety violations and regulatory lapses.

___ Zuckerberg testimony reveals lawmaker confusion on Facebook WASHINGTON (AP) — Facebook CEO Mark Zuckerberg acknowledged Wednesday that regulation of social media is "inevitable" and disclosed that his own personal information has been compromised by malicious outsiders.

U.S. stocks are giving back some of their recent gains as the market slumps Wednesday morning.

Developers of the Mountain Valley Pipeline want to extend the project from Virginia into North Carolina.

Stocks that moved substantially or traded heavily Wednesday: Analogic Inc., down $12.70 to $83.35

The heightened prospect of conflict threatened supply.

Michigan Gov. Rick Snyder says twin oil pipelines beneath the waterway linking two of the Great Lakes apparently were damaged by the same vessel believed to have caused a recent 600-gallon (2,270-liter) coolant fluid leak from electric cables.

The latest on developments in financial markets (all times local): 9:35 a.m.

An environmental group says oil and gas companies drilling off Southern California violated state regulations nearly 400 times in the past three years.

U.S. consumer prices rose 2.4 percent in March from a year earlier, the fastest annual pace in 12 months.

Shares were mixed in Asia on Wednesday, trading in a narrow range after overnight gains following conciliatory comments on trade by Chinese President Xi Jinping.

Stocks are rising on Wall Street Tuesday after Chinese President Xi Jinping offered possible concessions in a trade dispute with the U.S. Xi promised to reduce China's tariffs on imported cars and to improve intellectual property protection, steps that could help the U.S. and China reduce recent tensions over trade.

___ Zuckerberg says company working with Mueller probe WASHINGTON (AP) — Apologetic Facebook CEO Mark Zuckerberg told senators Tuesday it had been "clearly a mistake" to believe the Trump-linked data-mining company Cambridge Analytica had discarded data that it had harvested from social media users in an attempt to sway 2016 elections.

Saudi national company Aramco and French oil giant Total have signed an agreement to build a giant petrochemical complex in Jubail in Saudi Arabia.

The Trump administration has given North Dakota the power to regulate underground wells used for long-term storage of waste carbon dioxide captured from industrial sources such as coal-fired power plants.

“We have a crisis in this country of unreliable low-cost generation, and it needs to be dealt with,” Murray Energy CEO Robert Murray said.

Asian markets are modestly higher as investors watch developments in the simmering trade dispute between the U.S. and China.

U.S. stocks are edging higher Monday after concerns about growing trade tensions between the U.S. and China sent stocks lower last week.

___ Analysis: Tax cuts, spending to raise deficit to $1T by 2020 WASHINGTON (AP) — A new analysis says President Donald Trump's tax cuts and last month's big spending bill will send the federal deficit toward $1 trillion.

Ten teams competing to make money from carbon dioxide pollution will share $5 million in prize money and advance to the final round of an international competition.