Fuel Fix

FRACKING SAND

Sand boom headed for uncertainty, Moody’s says

With crude prices down more than 55 percent since the summer of 2014, sand producers are facing uncertainty about how much of the material will be needed in the next few years.  More »
A section of the Alyeska Pipeline Service Company 800 mile Trans Alaska Pipeline crosses a mountain ridge near Delta Junction, Alaska, Wednesday, August 17, 2005.  (Photographer: Daniel Acker/Bloomberg News)

Despite declining oil prices, $45 billion Alaska LNG export project moves forward

The project aims to extract North Slope natural gas and move it through an 800-mile pipeline for loading onto tankers bound for Asia.  More »
OIL GAS RIG

Canadian oil company cuts more than $2 billion from 2015 budget

It joins a slew of competitors of various sizes, from Marathon Oil to Continental Resources to ConocoPhillips, who have all cut their planned 2015 capital budgets as well.  More »

(Photographer: Ty Wright/Bloomberg)

U.S. drivers start 2015 with cheapest gas in six years

Gasoline at the pump is at the lowest since April 2009, when prices were $2.0549 a gallon.  More »
(Photographer: Brittany Sowacke/Bloomberg)

Goldman Sachs: Oil companies could default if crude sticks to $40

Analysts say oil traders Monday were also reacting to news that this week Libyan factions are starting indirect negotiations in Geneva and that Iran is looking to jumpstart nuclear talks with the United States and other western powers.  More »
Texas Gov. Greg Abbott (Chris Kleponis/Bloomberg News)

Plunging oil prices take toll on Texas budget outlook

Republican Comptroller Glenn Hegar said his estimate expects “moderate expansion” in the Texas economy while reflecting uncertainties in oil prices..  More »
Photo:  justengineeringschools.com

Oil producers betting on bigger price drop

Companies are hedging more and drilling less amid concern that the biggest slump in prices since 2008 will continue.  More »
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In this Jan. 8, 2015 photo, an environmentalist concerned about global warming wears a statement t-shirt at a public hearing in Eatontown, N.J. on a proposed offshore terminal for imports of liquefied natural gas. Liberty Natural Gas wants to build the facility off the coasts of New York and New Jersey. Business and labor groups support the plan, but environmentalists oppose it, saying it is really a plan to facilitate exports of natural gas obtained by hydraulic fracturing, a technique they oppose. (AP Photo/Wayne Parry)

Idea for gas terminal off East Coast rankles fracking foes

Liberty Natural Gas wants to build a deep-water port in federal waters 19 miles off Jones Beach, New York, and 29 miles off Long Branch, New Jersey. Its stated purpose is to bring additional natural gas into the New York area during times of peak demand, thereby lowering home-heating prices.  More »
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In this photo released by Saudi Press Agency, Deputy Crown Prince of Saudi Arabia, Prince Muqrin bin Abdulaziz Al Saud, front, receives Venezuelan President Nicolas Maduro, center, at the King Khalid International Airport in Riyadh, Saudi Arabia, Sunday, Jan. 11, 2015. (AP Photo/SPA)

Venezuela, Saudi leaders meet and talk oil prices in Riyadh

The official Saudi Press Agency reported that the leaders discussed areas of cooperation between the two OPEC-member countries and ways to promote bilateral ties  More »
H.B. "Trip" Doggett heads the Electric Reliability Council of Texas, which manages most of the state's electric grid. (Ryan Holeywell photo)

He helps keep the lights on for Texas

H.B. “Trip” Doggett, who heads the agency that manages most of the Texas power grid, sees growth in demand response measures that offer incentives for power conservation during peak demand periods.  More »
KiOR's facility in Columbus, Miss. (KiOR)

KiOR says Miss. seeks to destroy it in court ploy

Bankrupt biofuel maker KiOR and controlling shareholder Vinod Khosla say the state of Mississippi is using legal tactics in an attempt to squeeze money from the company.  More »
Louisiana Gov. Bobby Jindal (AP Photo/ Richard Shiro)

Jindal appeals ‘Big Oil’ suit to high court

A fight over whether oil companies may be sued over damage to Louisiana’s coastal marshes has been appealed to the state’s high court.  More »
In this photo from Jan. 6, 2015, steam blows over the Green Plains ethanol plant in Shenandoah, Iowa. Roughly 100 trucks a day filled with corn flow into this ethanol plant in southwest Iowa even as crude oil prices continue to collapse. Oil prices may have dipped below $50 a barrel for the first time since April 2009, but ethanol plants across the nation continue to operate at a brisk pace in order to satisfy a domestic and export demand that hasn’t weakened. (AP Photo/Nati Harnik)

Oil could drive down ethanol profits, but industry shielded

Oil prices may have dipped below $50 a barrel for the first time since April 2009, but ethanol plants across the nation continue to operate at a brisk pace in order to satisfy a domestic and export demand that hasn’t weakened.  More »
In this picture released by the official website of the office of the Iranian supreme leader, Supreme Leader Ayatollah Ali Khamenei, from right, meets Venezuelan President Nicolas Maduro as Iranian President Hassan Rouhani sits next to them at Ayatollah Khamenei's residence in Tehran, Iran, Saturday, Jan. 10, 2015. A portrait of the late Iranian revolutionary founder Ayatollah Khomeini hangs on the wall. As Venezuelan President Maduro visits Iran, both countries have vowed to work together to stabilize falling global oil prices. (AP Photo/Office of the Iranian Supreme Leader)

Iran and Venezuela seek oil price stability

Iran and Venezuela vowed Saturday to work together to stabilize falling global oil prices as Iran’s supreme leader accused “enemies” of using crude prices as a political weapon  More »
(AP Photo/Richard Drew, File)

NY fracking ban seen as having little impact on supply

Scientists say New York’s available reserves of natural gas in the sprawling Marcellus Shale are minuscule compared to what can be extracted in other states such as Pennsylvania and West Virginia.  More »
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