Young Americans Are Driving Dramatically Less – Will It Continue?

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This post was written by James Coan, Research Associate at the Baker Institute Energy Forum. Americans under 40 are driving dramatically less, according to data from the National Household Travel Survey. The question is: Is car culture in America waning generationally or is this a temporary phenomenon linked to the recession? The recession hit younger […]
Rep. Lee Terry, R-Neb. (AP photo)

Rep. Lee Terry: The Nebraska man with the Keystone XL plan

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Perhaps nobody in the U.S. House of Representatives has been more outspoken in his support of the Keystone XL pipeline than Rep. Lee Terry, R-Neb. In an interview with Fuel Fix, Terry took time to discuss his ongoing plans for legislation to approve the pipeline, as well as his thoughts on Obama’s defense of the decision to reject the permit.
Anadarko CEO Jim Hackett (Gary Fountain/For the Houston Chronicle)

Anadarko’s Walker to replace Hackett as CEO

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Anadarko Petroleum’s Chief Operating Officer Al Walker will replace CEO James Hackett in May, the company said Tuesday, with Hackett assuming the role of executive chairman until he retires in June 2013.
Categories: People
Eugene Isenberg

Nabors former CEO forfeits $100 million payout, resigns

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Nabors Industries Ltd.’s Chairman and former chief executive officer, Eugene Isenberg, has forfeited his $100 million retirement paycheck, in response to a firestorm of shareholder criticism.
George Mitchell

Hydraulic fracturing pioneer Mitchell recalls early skepticism

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Oilman George Mitchell was honored at the ninth annual conference of the Academy of Medicine, Engineering and Science of Texas.
A Pakistani paramilitary soldier looks at the burning NATO supply oil tankers and goods trucks at a terminal following an attack by gunmen in Quetta on December 8, 2011. Up to 20 trucks were ablaze after a rocket attack on a NATO trucking terminal in Quetta, the capital of the southwestern Pakistani province of Baluchistan, officials said. A number of oil tankers and goods trucks were parked in the temporary terminal after Pakistan shut down supply lines for troops in Afghanistan in anger at a deadly NATO cross-border air strike which killed 24 Pakistani soldiers. AFP PHOTO / BANARAS KHAN

NATO fuel tankers set ablaze in Pakistan

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Assailants torched more than 20 tankers in Pakistan carrying fuel for U.S. and NATO troops in neighboring Afghanistan on Thursday, in the first reported attack since Islamabad closed the border to protest coalition airstrikes that killed 24 Pakistani troops last month.
(KRT file photo/Diego Giudice)

Repsol sees ‘colossal’ potential for oil output in Argentina

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Repsol YPF SA (REP) sees “colossal” potential for producing oil and natural gas from unconventional fields in Argentina, where it’s exploring for resources, Chief Executive Officer Antonio Brufau Niubo said.
A canned powdered milk for infants Meiji Step, manufactured and sold by Japan's major food and candy maker Meiji Co., is shown. Traces of radiation spilled from the hobbled Japanese nuclear plant were detected in baby formula Tuesday in the latest in a string of contaminated food turning up in this nation. Meiji recalled the canned powdered milk, with expiration dates of October 2012. But the company said the levels of radioactive cesium found were so low that they would not affect health. (AP Photo/Kyodo News)

Radiation traces found in Japanese baby formula

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Traces of radiation spilled from Japan’s hobbled nuclear plant were detected in baby formula Tuesday in the latest case of contaminated food in the nation.
Shell Oil Co. Logo

Shell renews downtown lease

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Shell has renewed its downtown lease, marking what real estate firms say is the largest lease transaction so far in 2011.
Categories: People, Workforce
Michael Bromwich BOEMRE director

Departing regulator hopes offshore reforms stick

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When Michael Bromwich took over the helm of the agency overseeing offshore drilling 17 months ago, oil was still gushing into the Gulf of Mexico and a handful of ethical lapses had shattered public confidence in the ability of federal regulators to police the industry.