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Grid girds to meet people’s demand for power

(Photo: AEI Services)
A new report projects that demand for electric power in Texas will exceed generation capacity during peak periods by 2022–a slight improvement from an earlier projection of “negative reserve margin” by 2020. More »
Justin Allgaier drives his car during the NASCAR Nationwide Series' Pioneer Hi-Bred 250 auto race, Sunday, May 20, 2012, at Iowa Speedway in Newton, Iowa. (AP Photo/Charlie Neibergall)

EPA teams up with NASCAR to promote green initiatives

NASCAR fans get ready for the EPA.  More »
Telsa's 2012 Model S electric sedan (Image: Tesla Motors)

Tesla gains after Model S delivery date set

Tesla Motors Inc., the electric-car maker led by Elon Musk, rose after the company said it will begin delivering the Model S sedan to customers on June 22.  More »
Workers join sections of pipe on a Trinidad Drilling rig leased by Chesapeake Energy north of Douglas, Wyo. Photo: Alan Rogers / Copyright 2012 CASPER STAR-TRIBUNE

Amid heat from critics, Chesapeake standing by growth plan

Chesapeake Energy Corp. doubled down Tuesday on a plan that has drawn criticism from shareholders over its aggressive approach to expand during a major cashflow crunch. The nation’s second-largest natural gas producer after Exxon Mobil Corp , in an investor presentation posted on its website Tuesday, said it has “withstood an unprecedented negative media campaign” over the last five weeks, which has prompted 1.2 billion shares of company’s stock to trade hands, nearly double the amount of its shares outstanding.  More »
Carla Smith works in an assemble area at Cooper Industries Monday, Sept. 8, 2008, in Houston. ( James Nielsen / Chronicle )

Cooper Industries to be sold for $11.8 billion

Cooper Industries, a manufacturer of lighting and electrical-distribution equipment that has been run out of Houston for 47 years, will be acquired by Ohio-based Eaton Corp. in a cash-and-stock deal valued at nearly $12 billion, the companies announced Monday.  More »
Kurt Mix

Judge to weigh lifting engineer’s travel limits

A federal magistrate has scheduled a hearing on a former BP engineer’s request for permission to travel freely throughout the U.S. while he awaits a trial on charges he deleted text messages about the oil company’s response to the 2010 oil spill in the Gulf of Mexico.  More »
A garbage truck running on compressed natural gas makes its way along its route in The Woodlands. Driver Servando Rosales says a resident who listened for a deep diesel sound had to chase after him when she realized a quieter machine was on the route. Photo: Jerry Baker / HC

Shale glut means $1-a-gallon savings burning frozen gas

Chad Porter wants to run his 18- wheeler trucks on frozen natural gas across Canada’s Rocky mountains even before the world’s longest chain of refueling stations gets built to keep them fueled.  More »
Oil pumps work at sunset Monday, Jan. 2, 2012, in the desert oil fields of Sakhir, Bahrain, in the Persian Gulf. Iran test-fired a surface-to-surface cruise missile Monday in a drill its navy chief said proved Tehran was in complete control of the strategic Strait of Hormuz, the passageway for one-sixth of the world's oil supply.  (AP Photo/Hasan Jamali)

Iranian oil deadline looms as sanctions on tankers curb supply

The European Union’s ban on Iranian oil shipments that takes full effect July 1 is curbing ship charters now because of the time it takes the vessels to deploy, load and deliver cargoes, the fleet’s biggest re-insurer said.  More »
The Sauers family of Seabrook, Texas, leaves the showroom in an all-electric Nissan Leaf  on Tuesday, Jan. 25, 2011, in League City.  They are the first Leaf owners in Texas. (Photo: Melissa Phillip/Houston Chronicle )

Fuel economy tops U.S. auto buyers’ wants

Automobile owners in the U.S. see fuel economy as the leading element they will consider in purchasing their next car, according to a survey by Consumer Reports.  More »
(Photo: Julien Tromeur, Flickr)

Oil hangs below $93 as stock rebound buoys crude

Oil prices hung below $93 a barrel Tuesday in Asia, holding gains from the previous day as crude followed global stock markets higher.  More »
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