Fuel Fix

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These are the experts drawing battle lines over oil exports

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The cast of experts weighing in on the issue includes former Obama administration officials and military veterans.
glam-derricks

The oil patch palette

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Categories: featured, General

These are the experts drawing battle lines over oil exports

on
m736807
The cast of experts weighing in on the issue includes former Obama administration officials and military veterans.
glam-derricks

The oil patch palette

on
A couple of years ago we presented some examples of how the grit and steel of the oil field can take on its own beauty in the hands of a skilled photographer or digital artist.
Categories: featured, General
(Photographer: Ty Wright/Bloomberg)

Labor Day weekend brings $1.4 billion in gas pump savings nationwide

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This weekend will feature the lowest gasoline prices in more than a decade with gas prices 99 cents cheaper than this time last year after a dip of 18 cents just in August, which was the greatest decrease since 2008, GasBuddy added. Average national gas prices were $2.44 a gallon Wednesday morning compared to $3.43 last year.
Firefighters and rescue workers work along the tracks where several CSX tanker cars carrying crude oil derailed and caught fire along the James river near downtown in Lynchburg, Va., Wednesday, April 30, 2014. Nearby buildings were evacuated for a time, but officials said there were no injuries and the city on its website and Twitter said firefighters on the scene made the decision to let the fire burn out. (AP Photo/Steve Helber)

Feds doling out millions to boost rail safety along heavy oil routes

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Transportation Secretary Anthony Foxx said the grants would “support innovative ideas and solutions developed at the local level.”
Categories: Rail
(Bureau of Safety and Environmental Enforcement)

European regulators approve Shell-BG Group deal

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Royal Dutch Shell on Wednesday got closer to completing its nearly $70 billion acquisition of BG Group after the European Commission cleared the purchase in an antitrust review.
Categories: Deals

Commentary: Focus for oil is on inventory, jobs data

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Once again, the API has put the cat among the pigeons ahead of the weekly EIA inventory report. Prices had already spent yesterday getting stomped on all day, before the API released its report, revealing a surprise 7.6 million barrel build versus the expectation for a minor 0.8 mb draw. This was the largest build […]
(ALEXANDER KLEIN/AFP/Getty Images

OPEC split on need for long-term oil-price forecasts

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The disagreement reflects internal divisions over whether OPEC policy should focus on prices or the stability of the oil market.
(Daniel Acker/Bloomberg)

Engineering firm director: Industry is “living in the past”

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A Petrochemical Update report with the American Petroleum Institute noted more than 70 percent of U.S. capital projects since 2002 have failed to meet all of their performance goals.
A rig works in the Barnett Shale. (Enervest)

Texas RRC examiners: XTO well not clearly linked to quakes

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Though the recommendation awaits approval by the commissioners, it sets guidance on one of the most contentious issues to emerge from the oil and gas boom.