Fuel Fix

People wave Russian flags as they look at Russian President Vladimir Putin delivering a speech in Sevastopol. (AFP PHOTO/ VIKTOR DRACHEVVIKTOR DRACHEV/AFP/Getty Images)

Want to hurt Russia? Oil exec suggests exporting crude

The quickest way for the United States to weaken Russia’s influence and help allies abroad is by exporting its crude oil — not its gas — Continental Resources CEO Harold Hamm told lawmakers on Wednesday.  More »
The Occidental Petroleum headquarters in Los Angeles. (AP file photo/Reed Saxon)

Occidental’s $8 billion deal stalled by Muslim Brotherhood row

Occidental Petroleum Corp., seeking to raise as much as $8 billion by selling a stake in itsMiddle East business, said a political dispute in the region is complicating plans to sell to a single investor group.  More »
(Fotolia)

Rising utility costs lingering after winter’s chill fades

U.S. consumers got a glimpse of rising future utility bills during the winter as coal- and nuclear-plant shutdowns boosted reliance on natural gas.  More »
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(AP Photo/Hasan Jamali)

Study: Tight oil still profitable even if crude prices plummet

Even if global oil prices fell more than $30 per barrel, the overwhelmingly majority of U.S. tight oil production would still be profitable, analysts with Wood Mackenzie said Tuesday.  More »
Yellow oil barrels

Oil up to near $100 ahead of US stockpiles report

The price of oil crept closer to $100 a barrel Wednesday as investors waited for details on the levels of U.S. crude stockpiles.  More »
Vera Scroggins stands in front of a gas compressor station in Liberty Township in northwestern Pennsylvania. (AP Photo/Mary Esch, File)

Fracking activist wants back on Houston driller’s land

A high-profile anti-fracking activist says an order barring her from stepping foot on land owned or leased by a leading natural gas driller has effectively prevented her from traveling to her favorite grocery store, eye doctor, hospital, restaurants, businesses and friends’ homes.  More »
The Keyera Alberta Diluent Terminal, located adjacent to the new Alberta Crude Terminal in Edmonton, Alberta, Canada. The Alberta Crude Terminal is a 50-50 joint venture by Houston’s Kinder Morgan Energy Partners and Canadian midstream company Keyera Corp.  (Kinder Morgan)

Economist: Transport causing ‘serious logistical challenge’ for shale boom

Despite major accidents in the past year, U.S. oil companies must keep leveraging the nation’s railroads to move crude to markets while they build a much more extensive pipeline network, an energy economics professor said Tuesday.  More »
Cleanup vessels are surrounded by a sheen on the water in the Port of Galveston on Sunday, March 23, 2014, in Galveston, Texas. Dozens of ships are in evolved in clean-up efforts to remove oil that spilled into Galveston Bay after a ship and barge collided near the Texas City dike on Saturday afternoon. ( Smiley N. Pool / Houston Chronicle )

How the Galveston Bay oil spill affected gasoline prices

Nationally, unleaded gasoline sold for an average of just over $3.53 per gallon Tuesday, according to AAA, up less than a penny from the day before the spill.  More »
(StockMonkeys.com/Flickr)

Top 10 states with highest and lowest gasoline prices

In Texas is getting to pricey for you, there are only nine other states that offer a better deal for drivers. Here’s your guide to the states that offer the highest and lowest prices for a gallon of regular gasoline.  More »
The LNG carrier, a tank ship designed for transporting liquefied natural gas, is towed into port. (Lex Van Lieshout, Getty Images)

European leaders plead for more natural gas exports

Natural gas export boosters have seized on the Ukraine crisis to leverage plans to accelerate U.S. government approvals to sell more of the fossil fuel overseas. But now that the Senate is tackling a $1 billion Ukraine aid package, the zeal to act immediately may be cooling.  More »
BP's Whiting Refinery is seen along the shore of Lake Michigan on Tuesday, March 25, 2014, in Whiting, Ind. BP says it is assessing how much crude oil entered Lake Michigan following a malfunction at its northwestern Indiana refinery. (AP Photo/The Times, Kyle Telechan)

BP, feds cleaning up oil spill in Lake Michigan

The London oil company traced the oil leak to a glitch at its 1,400-acre Whiting facility on Monday afternoon. There were no injuries and the crude has stopped leaking, the company said.  More »
A crew makes its way to the shore from the site of the wrecked barge that leaked fuel into the Houston Ship Channel, Saturday, just off of the Texas City dike Monday, March 24, 2014, in Texas City.  ( Karen Warren / Houston Chronicle  )

Houston Ship Channel reopens after oil spill

The prospect that at least some vessels soon may resume travel through the Houston Ship Channel eased worries that an oil spill Saturday will threaten productivity from area refineries.  More »
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