News reports focused on Arctic drilling problems experienced by Shell, but the unregulated ship traffic is a bigger concern up North, said Begich, D-Alaska.  More »

Corn supplies in the U.S., the biggest grower, are shrinking at the fastest pace in almost four decades as improving demand from ethanol refiners drains reserves already diminished by drought.  More »

West Texas Intermediate crude traded near its highest in five weeks and was set for a quarterly gain after U.S. government data showed refineries raised operating rates.  More »

Spot gasoline in New York Harbor strengthened against futures after the Energy Information Administration reported the largest drop in East Coast stockpiles of the fuel since November.  More »

The Energy Information Administration says ethanol stockpiles are at the lowest level in almost four months while gasoline demand is the weakest since Jan. 11, shrinking the potential pool of the motor fuel with which ethanol can be blended.  More »

The Marine Well Containment Co., formed in the wake of the 2010 Gulf oil spill to tackle runaway deep-water wells, on Tuesday announced it is assembling a 100-member strike team to be at the ready in case of another deep-water drilling disaster. View photos of the massive equipment that the group will operate to cap wells and siphon oil in an emergency.  More »

Gulf Coast refineries are expected to boost production of diesel by more than 100,000 barrels a day in 2013, allowing them to easily meet increased demand in Latin America, according to a report by Energy Security Analysis.  More »

A Transocean employee who served as chief mate on the Deepwater Horizon testified Monday that he believes the rig crew’s emergency training saved lives following the 2010 explosion that killed 11 workers and triggered the nation’s worst offshore oil spill.  More »

Royal Dutch Shell Plc shut a 170,000-barrel-a-day pipeline that moves Gulf of Mexico crude to Houma, Louisiana, after the pipe leaked in Terrebonne Bay in Louisiana.  More »

We’re squabbling about legislation that clearly hasn’t worked.  More »

Battle lines are being drawn over whether Ohio should scrap its renewable energy standard, which requires power companies to generate a portion of their electricity from renewable sources such as solar and wind.  More »

The average U.S. price of a gallon of gasoline has dropped three cents over the past two weeks.  More »