Fuel Fix

(Andrew Harrer/Bloomberg)

Obama’s climate change plan faces high-profile legal test

A federal appeals court hears arguments Thursday in two cases challenging the EPA’s far-reaching proposal to cut Earth-warming pollution from the nation’s coal-fired power plants.  More »
Rich Kinder, left, chairman and CEO of Kinder Morgan. (Melissa Phillip/Houston Chronicle)

Kinder Morgan CEO says to expect more acquisitions

Kinder Morgan’s board said it would raise the dividend to 48 cents per share, up 14 percent from the prior year’s Q1 payout of 42 cents per share.  More »
(ALEXANDER KLEIN/AFP/Getty Images

OPEC surge ahead of Iran exports could stall oil recovery

The International Energy Agency says Russia, India and others gobbled more cheap crude last month but oil-exporting states including Saudi Arabia pushed out more crude than in almost two years, a bid to remain kings in the oil market as Iranian exports loom.  More »
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(Shane Bevel/Bloomberg News)

Crude prices rising after inventories show a slower gain

Futures traders bid up the price of U.S. crude after a government report showed a smaller-than-expected gain in inventories.  More »
(Dado Galdieri/Bloomberg)

Shell exec: U.S. risks losing drilling dollars to Brazil, Canada and Mexico

The Obama administration’s plan for selling offshore oil and gas leases from 2017 to 2022 could jeopardize the United States’ competitiveness as Brazil, Canada, Mexico and other countries aggressively compete for drilling dollars, a Shell executive told Congress.  More »
(Matthew Lloyd/Bloomberg)

Activists occupy BP headquarters ahead of 5-year anniversary of Gulf oil spill

Protesters carried signs criticizing the company’s response to the 2010 offshore platform explosion and oil spill that killed 11 workers and unleashed hundreds of millions of gallons of oil into the Gulf in 2010.  More »
Wind turbine blades wait to be shipped out by rail at the Port of Corpus Christi in Corpus Christi, Texas. (Eddie Seal/Bloomberg)

Politics threatening Texas wind energy, advocates say

Industry-friendly policies helped Texas retain its position last year as the nation’s top wind energy producer, but partisan politics now threaten to ruin that reputation, wind advocates say.  More »
U.S. Secretary of State John Kerry waits for the start of a meeting on Iran's nuclear program with officials from Britain, France, Germany, China, the European Union and Iran at the Beau Rivage Palace Hotel in Lausanne, Switzerland Tuesday, March 31, 2015. (AP Photo/Brendan Smialowski, Pool)

Kerry: still confident U.S. can conclude Iran nuclear deal

Secretary of State John Kerry said the challenge of finishing the negotiations with Iran over the next 2½ months would loom large over the G-7 meeting.  More »
(Photo by Andrew Burton/Getty Images)

Shale output is falling faster than expected

Just five months after Saudi Arabia put the market into a tailspin by refusing to cut supply despite a global glut, the shale oil industry will record its first monthly dip since 2013.  More »
Shell CEO Ben van Beurden (AFP PHOTO/ROYAL DUTCH SHELL/REINIER GERRITSEN)

Oil CEO wages immune to price slump as shareholders vote on pay

“The only people not hit by the drop in oil price are the CEOs running the companies,” said Gregory Elders, a London-based analyst at Bloomberg Intelligence.  More »
(AP Photo/J. Scott Applewhite)

Report: Energy issues dominate congressional agenda – with little to show for it

Energy and environmental issues have gotten more votes in the Senate than any other issue so far this year, even though none of the measures have become law, according to a new analysis.  More »
Petrol Prices At U.K. Gas Stations As Price Of Oil Continues To Fall

Cheap gasoline is helping some states rake in more tax revenue

Low oil prices could help shore up some states’ coffers, since increased driving brought on by cheap fuel will also result in more gas tax revenue.  More »
(Kimberly White/Bloomberg News)

Lawmaker suggests ‘grand bargain’ to allow oil exports

Democratic lawmakers hinted at a possible compromise that would allow oil exports — possibly with new economic protections and incentives to support alternative energy.  More »
(AP Photo/Brennan Linsley)

Survey: Oil workers value job security; oil executives value bonuses

Workers and executives in the oil and gas industry split along the answers they gave to an annual survey about their priorities.  More »
(Photo by Andrew Burton/Getty Images)

Cheap crude won’t slow U.S. oil fields by much, EIA says

The EIA said low oil prices would only cut the nation’s daily production by 700,000 barrels from 2022’s projected 10.4 million barrels.  More »
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