Fuel Fix

Sen. John Barrasso, R-Wyo., speaks at a news conference on Capitol Hill. (AP Photo/J. Scott Applewhite)

Senator aims to tie LNG export plan to Ukraine aid

en. John Barrasso is hoping to use a Ukraine aid package to leverage his plan for boosting proposals to export natural gas to countries that are part of the North Atlantic Treaty Organization.  More »
(AP Photo)

Oil falls to near $101 on China data

China’s customs data showed over the weekend that exports plunged by an unexpectedly large 18 percent last month.  More »
Warren Lasher, director of system planning for the Electric Reliability Council of Texas (Emily Pickrell/Houston Chronicle)

Texas grid managers say cold weather pushed prices up to system max

Freezing temperatures that raised power demand while knocking some generators offline were key factors in a Jan. 6 power emergency that pushed Texas close to blackouts, the grid operator confirms in a new report.  More »
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Directional drilling and hydraulic fracturing in shale formations such as the Eagle Ford and the Bakken in North Dakota helped U.S. oil production grow by a record 1.136 million barrels a day last year to 8.121 million, according to the Energy Information Administration. (Eddie Seal/Bloomberg)

U.S. more energy secure because of shale, chamber says

The United States became more energy secure in 2013 as the shale boom continued to pad domestic resources, according to an analysis by the U.S. Chamber of Commerce.  More »
Al Monaco, president and CEO of Enbridge, Inc. ( Brett Coomer / Houston Chronicle )

Does a 1,000-mile, international pipeline need a permit?

Enbridge insists its planned $7 billion pipeline doesn’t require a presidential permit. But the reality may be less clear.  More »
An oil well in North Dakota. AFP PHOTO / Karen Bleier

Official: Canadian oil won’t hurt ND production

The director of the North Dakota Pipeline Authority says proposed increases of crude from Canada’s oil sands likely won’t have an impact on the state’s soaring oil production.  More »
An Eagle Ford well near Kenedy, Texas. (Eric Gay/AP)

The Dallas Fed says energy industry remains ‘solid’

The latest Beige Book from the Federal Reserve Bank of Dallas is out, and it said the energy industry “remains solid” with healthy demand for oil field services.  More »

Labor union comes out against oil exports

The United Steelworkers on Monday declared its opposition to exporting American crude, siding with refiners who say it would hike oil prices and pare their margins.  More »
Money Roll

Report: Oil exports and higher royalties should go together

The Obama administration would shortchange taxpayers if it heeds the oil industry’s calls to lift a 39-year-ban on exporting U.S. crude without first hiking the royalty rate companies pay the government for drilling on federal lands, according to a new report.  More »
(Photo: freegreatpicture.com)

United Rentals buying Texas pump rental company

United Rentals says it’s buying National Pump, the second-largest pump rental company in North America, for $780 million.  More »
U.S. Secretary of Commerce, Penny Pritzker, speaks during a business conference in Abu Dhabi, United Arab Emirates, Sunday, March 9, 2014.  (AP Photo/Kamran Jebreili)

US commerce secretary in Gulf ahead of Obama visit

Penny Pritzker’s visit comes just weeks before President Barack Obama is scheduled to fly to Saudi Arabia to meet King Abdullah in an effort to patch over strained relations due to U.S. policy on Iran and Syria. It will be Obama’s first visit to Saudi Arabia since 2009.  More »
A electric pumping unit removes crude oil from a  well outside South Heart, North Dakota. (Daniel Acker/Bloomberg)

Oil chiefs to suppliers: Your prices are too high

A rising cost-control cry among oil executives has plenty of basis in the economics of the oil patch, but also may be an open message to suppliers that if prices don’t come down, their business will.  More »
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