Fuel Fix

Yellow oil barrels

Oil prices edge up ahead of Crimea secession vote

Crude still finished the week down more than 3 percent.  More »
Louisiana-based horizontal driller Ranger Field Service lowers pipe for a 2.1-mile line that runs across the Texas-Louisiana border and under the Sabine River. Some are speculating that the drill is the longest horizontal length that has ever been drilled on land and under a river, one of the biggest obstacles Mother Nature can throw at a pipeline drill. (Buller Photography)

Company overcomes major obstacles to complete lengthy interstate drill

The 11,065-foot span is raising speculation that it was the longest horizontal length that ever has been drilled on land and under a river, one of the biggest obstacles Mother Nature can throw at a pipeline drill.  More »
A rig drills in the Marcellus shale, in joint venture project between Chesapeake and Statoil. (Helge Hansen / Statoil)

US rig count up 17 as North Dakota expands

Of the major oil and gas-producing states, North Dakota gained seven rigs. New Mexico, Oklahoma and Texas each gained four.  More »
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Russian Energy Minister Alexander Novak. (Andrey Rudakov/Bloomberg)

Study: 16 percent of Europe’s gas flows through Ukraine

Sixteen percent of the Europe’s gas flows through Ukraine, according to a study by the U.S. Energy Information Administration.  More »
UPS driver Robert Mendez fuels his truck with propane in Gainesville, Ga., during a pilot program ahead of the delivery company's March 2014 announcement that it would include 1,000 propane vehicles in its U.S. fleet and build 50 refueling stations. (Geoff Johnson)

UPS delivers a boost to propane as vehicle fuel

Most people — especially Texans — know propane as the fuel source that allows them to fire up a backyard barbecue in seconds. Now it’s also heating up as an alternative motor fuel, as companies with vehicle fleets embrace its lower costs and smaller environmental footprint relative to gasoline or diesel.  More »
A Chesapeake Energy drilling rig (Photo: Chesapeake Energy)

Report: Efficiency driving shale production growth

Growing efficiency of horizontal drilling and fracking is driving production increases in basins across the country, the U.S. Energy Information Administration said in a new report this week.  More »
Statoil's West Hercules drilling rig.  (AP Photo/Scanpix, Statoil)

Norway’s oil stimulus nears tipping point as growth fades

A near half-decade boom in oil investments in Norway is about to come to an end, sapping momentum in the economy of western Europe’s largest crude producer, the country’s main economic forecaster said.  More »
(AP Photo/Hasan Jamali)

OPEC production surges as Iraq pumps most in 35 years

OPEC crude production rose above its target for the first time in five months as Iraq pumped the most in 35 years, according to the International Energy Agency.  More »
A customer puts fuel in his vehicle at a Shell gas station in Peoria, Illinois. (Daniel Acker/Bloomberg)

IEA raises 2014 oil demand estimate as world economy recovers

Oil demand will be higher in 2014 than previously estimated as global economic growth recovers, the International Energy Agency said. Pressure on supplies will ease in coming months as seasonal consumption dips.  More »
The continent’s fivefold increase in solar and wind power in the past decade flooded electricity grids with power, displacing fossil fuels so fast that coal- and gas-dependent utility RWE AG lost money last year for the first time since 1949. (Krisztian Bocsi/Bloomberg)

Green push blows away German coal-power profits

German Chancellor Angela Merkel’s campaign to limit climate change with an energy system based on renewable sources is cutting into profits of companies that still provide 57 percent of the power that keeps Europe’s biggest economy humming.  More »
Sen. Lisa Murkowski, R-Alaska (AP Photo/Chris Miller)

Senator: Energy technology needed to combat climate change

The U.S. has made progress at addressing climate change, but additional technologies are needed to promote the use of abundant energy resources while combating emissions, Sen. Lisa Murkowski, R-Alaska.  More »
An electricity utility tower in Underwood, North Dakota. (Daniel Acker/Bloomberg)

Power-grid attack fuels debate over threat of snipers vs. hackers

U.S. energy regulators’ efforts to harden the power grid against snipers and terrorists are fueling a debate over whether they’re diverting resources from other threats, like cyber attacks.  More »
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