Fuel Fix

(RJ Sangosti/The Denver Post via Getty Images)

Oil crunch could cost Texas 128,000 jobs, Fed model shows

But falling oil wouldn’t be enough to slow the state’s job growth to zero.  More »
(AP Photo/Paul Sancya, File)

Enbridge shuts oil pipeline to U.S. after spill in Canada

The 796,000 barrel-a-day pipe carries heavy, medium and light sour crude from Edmonton, Alberta, to Superior, Wisconsin.  More »
(AP Photo/Matthew Brown, File)

Cheap oil jamming rails means higher U.S. power bills

While the U.S. has the world’s biggest coal reserves, utilities are forecast by the government to end the year with the lowest stockpiles since 2005.  More »

(Ken Childress)

Crude resumes slide on concern supply outpacing demand

Trading volatility for both Brent and West Texas Intermediate increased to a four-year high.  More »
A Marathon Oil drilling rig works in the Bakken Shale of North Dakota. (Houston Chronicle)

Marathon Oil will cut more than $1B from 2015 budget

Marathon Oil Corp. will spend about 20 percent less looking for and producing oil next year, the company said on Thursday.  More »
A Gunnison Sage Grouse. (AP Photo/Colorado Parks and Wildlife, Dave Showalter)

Congress blocks sage grouse protections, but work goes on

President Barack Obama signed a $1.1 trillion spending bill late Tuesday with a provision that barred money from being spent on rules to protect the chicken-sized bird and three related types of grouse.  More »
(AP Photo/Richard Drew, File)

Crude oil futures rebound with stocks as selloff pauses

Brent, the benchmark for half the world’s oil, advanced from a five-year low. West Texas Intermediate shrugged off an increase in supplies at Cushing, the delivery point for Nymex futures.  More »
Abdel Rodriguez holds a Cuban flag as he stands outside the Little Havana restaurant Versailles, as people absorb the news that Alan Gross was released from a Cuban prison and that U.S. President Barack Obama wants to change the United States Cuba policy on December 17, 2014 in Miami, United States.  Alan Gross, the American contractor had spent five years in Cuban jail.  (Photo by Joe Raedle/Getty Images)

Obama shift on Cuba won’t mean big oil boom in Gulf of Mexico

President Barack Obama’s decision to normalize relations between the United States and Cuba may lead to more commercial opportunities for Americans within the island nation. But don’t expect U.S. oil producers to move swiftly to take advantage of them.  More »
In this March 29, 2013  photo, workers tend to a well head during a hydraulic fracturing operation at a gas well  in Colorado. (AP photo/Brennan Linsley)

Colorado drillers warn of closures with fines

An attorney for the Colorado Oil and Gas Association industry group told regulators penalties should be waived for minor infractions.  More »
New York Gov. Andrew Cuomo, left, in April 2011. (Doug Benz/The New York Times)

New York health department says ‘no’ to fracking

Dr. Howard Zucker unveiled his findings as part of Gov. Andrew Cuomo’s cabinet meeting early Wednesday afternoon.  More »
In this July 28, 2014 photo, Rick Huffstutlar walks through a pasture at his home with wind turbines in the background in Calumet, Okla. A decade ago, states offered wind-energy developers an open-armed embrace, envisioning a bright future for an industry that would offer cheap electricity, new jobs and steady income for large landowners. Today, many of the same political leaders who initially welcomed the wind industry want to regulate it more tightly.   (AP Photo/Sue Ogrocki)

Congress renews tax breaks for wind, biofuel

The move means taxpayers can claim the cuts and credits on their 2014 tax returns, but there is no guarantee they will be back in 2015.  More »
2024 Games Washington

U.S. talking oil exports just when world needs it least

As members of Congress promise more hearings on repealing the restrictions on oil exports, the world is awash in the stuff.  More »
(AP Photo/Richard Drew)

Oil climbs from 5-year low; oil drop seen as excessive

Brent, the benchmark for half the world’s oil, gained as much as 1.2 percent after closing at the lowest level since May 2009 yesterday.  More »
(AP Photo/Sue Ogrocki, File)

Rosetta Resources to cut 2015 spending

The company also said it would pare back the number of drilling rigs it will use and announced plans to refocus more of its budget on the Permian Basin.  More »
(Eddie Seal/Bloomberg)

More than 500 rigs may shut down as oil slides, analysts say

Rigs could begin to see less work starting early next year, following a 40 percent drop in the number of new U.S. drilling permits issued from October to November.  More »
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