Yellow oil barrels

Oil falls again on eve of OPEC meeting

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West Texas Intermediate for January delivery fell 40 cents to close at $73.69 a barrel on the New York Mercantile Exchange.
(AP Photo/Steve Ruark)

Northeast natural gas prices still well above average despite warmer winter

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The EIA says lower production and lack of pipeline capacity are to blame.
Henrik Madsen says crude oil is more valuable as a chemical feedstock and eventually will lose its place as the leading transportation fuel.( Mayra Beltran / Houston Chronicle )

Q&A: Oil eventually will lose its place as leading auto fuel

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Henrik Madsen, the CEO of Norway’s international shipping and oil field equipment classifier DNV GL, says oil’s best value is as a chemical feedstock, and that eventually natural gas will replace it as a motor fuel.
(Image: Fotolia)

Oil rises again on Chinese interest rates

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WTI for January delivery advanced 66 cents to settle at $76.51 a barrel on the New York Mercantile Exchange
Yellow oil barrels

Oil price has its first gain in four days

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WTI for January delivery, the most-actively traded, rose $1.35, or 1.8 percent, to $75.85 a barrel on the New York Mercantile Exchange.
Rich Kinder, left, chairman and CEO of Kinder Morgan. (Melissa Phillip/Houston Chronicle)

As deadline on proxy vote for major deal nears, Kinder Morgan seeks to sway investors

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While Richard Kinder himself is strongly in favor of the deal, a few smaller investors have raised concerns that the move away from the tax-advantaged master limited partnership structure will cause problems.
(AP Photo/ Louis Lanzano)

Oil falls as investors speculate on OPEC production cut

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“There’s an established bearish trend and nothing out there to stand in the way of a further move lower,” Tim Evans, an energy analyst at Citi Futures Perspective.
(AP Photo/Rockford Register Star, Brent Lewis)

Natural gas well positioned for coming winter, industry group says

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America’s Natural Gas Alliance, an industry group that represents producers, said that a large investment in infrastructure and a rapid buildup in inventories has made more natural gas available this winter than last, despite 2014’s cold winter that left storage of the fuel at decade-long lows.
Iris Smith, right to left, Michael Smith, Sig Cornelius, Charles Reimer, Hiroshi Ozaki, Yuji Kakimi, and Dennis Bonnen break ground in November 2014 at the Freeport LNG Liquefaction Project groundbreaking ceremony. (Gary Fountain)

Freeport LNG obstacles cleared in two rulings

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Executives stressed that the company would move swiftly to begin construction after the final regulatory hurdles fell away at a groundbreaking ceremony Monday.
In this Wednesday, Jan. 8, 2014,  file photo, homes are covered in snow and ice in Chicago (AP Photo/Kiichiro Sato, File)

EIA: Natural gas storage inventories rebounding

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Natural gas inventories rose by 40 billion cubic feet last week, extending a long run of higher-than-average storage injections, the U.S. Energy Information said today in a weekly report.