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Commentary: “Holy Frac, My Brakes Aren’t Working!”

Well, after posting last week’s article on celebrities and fracing, I’ve come to the conclusion that the key to getting traction with the readers of “Building Hydrocarbon Bonds” is…dropping Zooey Deschanel’s name (or maybe it was making her picture the article thumbnail).  Ironically, my article advocating for people not to pay attention only to celebrity […]  More »

Chevron to promote shale drilling in Europe

Chevron Corp. (CVX) is betting it can win over eastern Europeans with the idea of energy independence even after dry wells and government delays led Exxon Mobil Corp. and Talisman Energy Inc. (TLM) to scrap efforts to tap natural gas deposits in Polish shale.  More »

Nothing New Under the Sun or Who’s to Blame for High Gasoline Prices

When gasoline prices go up so does the level of agitation on Capitol Hill.  It is as predictable as sunrise. Last week, the Senate Energy and Natural Resources Committee held a hearing, ostensibly, to find out why gasoline prices are rising when domestic oil production has reached levels not seen in 20 years.  It would […]  More »

Gulf rig partially collapses after leaking well ignites fire

The blowout preventer may have ignited a fire from Walter Oil & Gas’ uncontrolled natural gas well in the Gulf of Mexico, causing its production platform to collapse this morning, federal authorities reported.  More »

Tesoro’s Washington state crude rail plan moves forward

San Antonio-based Tesoro Corp. has obtained approval to lease port space in Vancouver, Wash. for a crude-by-rail terminal.  More »

Commentary: “Celebrities Against Fracking”? Please…

In a sea of valid facts and concerns coming from both the “pro” and “anti” hydraulic fracturing groups, I think we can all agree that in contrast celebrities provide the LEAST reliable frame of reference from which to carry on the discussion and create nothing but “noise” that prevents real progress from being made.  More »

U.S. refinery demand rises to highest in eight years

U.S. refineries used the most crude in almost eight years last week, draining supplies for the third straight time even as domestic production rose the highest level since 1990 and imports increased.  More »

New midstream company launches with $150 million in financing

A new Houston-based midstream company announced $150 million in capital commitments Tuesday and said it expects to name its first project soon.  More »

More North American Energy Will Help Alleviate Fuel Prices

Today, the U.S. Senate Committee on Energy and Natural Resources will revisit an all too common topic discussed on Capitol Hill: how changes in domestic oil production, refining and distribution could be affecting U.S. gasoline and fuel prices. It’s an issue that has an impact on the wallets of nearly every American.  So it’s important […]  More »

Power reserve margin should not be altered, senator says

Texas Senator Troy Fraser, chair of the Senate Committee on Natural Resources, is urging Texas grid planners not to revise electricity needs estimates, saying that the unseasonably hot summer of 2011 will skew results to favor large utilities.  More »

Betting on China for High Oil Prices: Fact or Folly?

Oil prices remain at lofty levels based on two time-tested stories. Story One: Instability in the Middle East could lead to violence that will produce a major oil supply disruption; and Story Two: China’s amazing growth patterns will create so much oil demand that it will overwhelm any level of additions of new supply. While […]  More »

The Perils of Ignoring Warnings

Over the past few years there have been concerns that tensions between Iran and the west could lead to an Iranian attempt to shut the Strait of Hormuz. Since last week, there has been growing concern that unrest in Egypt could affect shipping through the Suez Canal. Between the Strait of Hormuz and the Suez […]  More »