(Photo: Fotolia)

Oil soars as Europe moves to bolster banks

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The price of oil climbed after European leaders took unexpectedly aggressive steps to support the region’s beleaguered banking sector.
Categories: Crude oil
(John Davenport/San Antonio Express-News)

Oil is up, but a declining trend could curb shale rush

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Although oil prices jumped today after an encouraging European policy decision, a recent trend of declining oil prices could put a damper on rapid shale drilling in the United States, according to analysis from Simmons & Company International.
Categories: Crude oil
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Neelam Singh and Charudatta Galande work on the battery in their lab. (Jeff Fitlow/Rice University)

Spray-on batteries could be a reality in the future

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As Apple and other tech designers seek sleeker and ever-more powerful batteries to power laptops and devices, they’re pushing engineers to create unconventional, more space-efficient batteries.
Categories: General

Calculating the Consumer Benefit

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Like any other average American, you probably only think about the cost of energy when you’re standing in front of a gas pump or thumbing through your monthly utility bill. But what most consumers don’t often consider is that our energy entails a series of costs and benefits, some of which are beyond our immediate […]
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

Ackman like Buffett buoyed by fracking in Bakken

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Bill Ackman, the largest investor in Canadian Pacific Railway Ltd. (CP), is following Warren Buffett in profiting from growing oil and gas production in North America’s Bakken shale.
Categories: Natural gas
(Nick De La Torre / Houston Chronicle)

Cheniere plans to complete $4 billion in LNG terminal financing

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Cheniere Energy Inc., the first company to win approval to export natural gas from the continental U.S., plans to complete as much as $4 billion in financing for the project in the next few days.
Categories: LNG, Natural gas
Honda Fit EV. (Photo: Honda)

Honda tries to boost electric car sales with free insurance

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Honda is trying a different method to attract buyers to electric cars by offering free insurance to anyone who purchases a car.
Categories: General
(Photo: Jari Salomaa)

Gas prices could offer drivers road map to summer vacations

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The Fourth of July holiday is quickly approaching, meaning millions of Americans will be jumping in a car en route to a beach or some where else.
Categories: General
Kemp's ridley sea turtle hatchlings head for the Gulf of Mexico after they were released next to the Padre Island National Seashore, Malaquite Visitor Center, Thursday in Corpus Christi. Photo: Cody Duty / © 2011 Houston Chronicle

Scientists researching effect of oil spill on endangered turtles

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Ninety-four tiny members of the world’s most endangered sea turtle species struggled across the beach to reach the Gulf of Mexico Thursday as park rangers waved away seagulls looking for a quick meal.
Categories: General
Oil pumps work at sunset Monday, Jan. 2, 2012, in the desert oil fields of Sakhir, Bahrain, in the Persian Gulf. (AP Photo/Hasan Jamali)

China, Singapore exempted from U.S. Iran oil sanctions

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The U.S. said China and Singapore have “significantly reduced” their purchases of Iranian oil, earning exemptions from U.S. financial sanctions that otherwise would have been imposed yesterday.
Categories: Crude oil