Forecasters’ prediction for oil prices in 2011: Up, up, up
Oil demand increasing at almost twice the pace of supply is spurring the most-accurate forecasters to predict the second-highest price on record in 2011. (Image: Fotolia) More »
Is Saudi Arabia a Force in the Oil Market?
His Royal Highness Prince Turki Al Faisal Al Saud, former Saudi ambassador to the United States and Britain and a leading member of the ruling Saudi family, emphasized in a lecture recently at the Baker Institute that we live in a highly interdependent world. The key message of the Prince’s speech, which was titled “A [...] More »
And the winner is…
One FuelFix reader named the 2010 closing price for oil to the penny. (AP file photo/Mary Altaffer) More »
Looking ahead: A new year for energy news
FuelFix’s Voices contributors share their predictions for the industry in 2011. Some of their picks will be familiar, some not so much. (Image: Fotolia) More »
Guess oil’s 2010 closing price, win a book *updated*
To say ‘thank you’ for your clicks during this slow news week, we’re giving away a copy of Chronicle columnist Loren Steffy’s book on BP to the reader who most closely guesses the closing price of oil in 2010. (AP Photo/Mary Altaffer) More »
Oil settles above $91 in light trading
Oil prices rose above $91 per barrel today in the final week of trading before the new year.
Trading has been especially light during the holiday week. It’s the time of year when most traders have solidified investments, typically leaving only those who work for companies that still need to lock in supply contracts. (AP file photo) More »
Is Wall Street Too Bullish on Oil?
This weekend’s decision by the Organization of Petroleum Exporting Countries (OPEC) to leave OPEC quotas unchanged doesn’t mean oil production from the producer group won’t be rising next year. Iraq is expected to add about 200,000 b/d of incremental oil production over the course of 2011 as foreign firms make progress on contracts to enhance [...] More »
Cold weather, holiday lights boost nat gas prices
Natural gas has risen about 5 percent since the first of the month, partly from a jump in electricity demand as people began decorating for the holidays. (Photo: Vince Alongi/Flickr) More »
Houston natural gas bills may drop by 20 percent
Lower natural gas costs will be passed on to Houston-area customers starting Dec. 1, says CenterPoint Energy. (Photo: Fotolia)
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BP to cut trading staff globally by 10 percent
Job cuts will include undisclosed number of Houston positions. (Image: An artist’s rendering of the trading floor on BP’s West Houston campus, which was moved to a new building in 2008) More »
Just in time for Turkey Day: Gasoline prices ease slightly
Monetary policy was partially to blame for a recent rise in gasoline prices. That trends appears to be ending in time for Thanksgiving travel. (AP Photo/Matt Rourke) More »
Think the unthinkable: Gas glut could make the U.S. an LNG exporter
Companies once set up to bring natural gas into the country are planning to become export terminals with the ability to turn domestic gas into LNG. (Houston Chronicle Photo) More »
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