Fuel Fix

Hot Topics OTC | Oil | Drilling | Natural Gas | Keystone XL
Airboat pilot Michael Fabian displays oil on a glove near oil booms and oiled marsh grass in Barataria Bay on the coast of Louisiana, Sunday, June 20, 2010. (AP Photo/Patrick Semansky)

Crews continue oil cleanup along La. shore

Officials still haven’t determined the source of the oil that has washed up along about a half-mile of beaches near Grand Isle, La., but it doesn’t appear to be from last year’s Deepwater Horizon accident.  More »
A fire engine douses reactor number 3 of the Fukushima Dai-ichi nuclear plant in northern Japan on March 18, 2011. (Photo: Japanese Ground Self-Defense Force/AFP/Getty Images)

Japan’s nuclear containment intact, NRC says

Pools of water used to prevent fuel rods from overheating at units 3 and 4 are stabilizing, a Nuclear Regulatory Commission official said. Progress is being made in restoring power to reactors No. 1 and No. 2, and the plant owner says it has restored electric power to No. 3 and No. 4.  More »
The blowout preventer pulled from the wreckage at BP's Macondo well is transported to land for testing on Sept. 11, 2010. (Photo: U.S. Coast Guard)

Source: Test results done on Macondo blowout preventer

A federal official says the firm hired to test the key piece of equipment to determine why it didn’t stop last year’s Gulf of Mexico oil spill has submitted its results to government investigators.  More »
(Image: Fotolia)

Oil rises on concerns about Libya and supplies

Oil prices climbed today as energy experts warned that Libya’s oil exports could be off the world market longer than expected, and countries including the U.S. enforced a no-fly zone over Libya.  More »
Shell's tension leg platform at the Auger field in the Gulf of Mexico (Photo: Shell)

Milestone for Shell: Feds approve first new deep-water plan since spill

The oil and gas industry cleared a major hurdle Monday in its path back to deep-water drilling, with the Obama administration’s approval of an offshore exploration plan that paves the way for Shell to drill three exploratory wells in the Gulf of Mexico. But the decision faces an almost-certain challenge.  More »
Marvin Odum, president of Shell Americas (Photo: Nick de la Torre/Houston Chronicle )

Shell president: ‘We’ve clarified the rules of the game’

CEO Marvin Odum said the government’s approval of Shell’s deep-water exploration plan is a breakthrough for the oil industry. The plan provides the foundation for the company to drill three new exploratory wells in the Gulf, but Odum said it also is a template for other operators to follow.  More »
Sati Sefni-Ra with the electric scooter she is purchasing on Thursday, March 10, 2011, in Houston. (Photo: Johnny Hanson/Houston Chronicle)

Scooter sales are popping as fuel prices swing upward

In a city the size of Houston, most motorists aren’t ready to abandon their cars, trucks and SUVs completely. But the spike in gas prices is causing some to consider more fuel-efficient second vehicles, such as scooters, small motorcycles, e-bikes and regular bikes.  More »
An F-16 is spotted over the NATO air base in Aviano, Italy. (Associated Press)

Concerns on Libya push up oil prices

Benchmark West Texas crude for May delivery gained $1.24 to settle at $103.09 per barrel on the New York Mercantile Exchange. The April contract, which ends Tuesday, rose $1.36 to $102.43 per barrel.  More »
Edwin Espey (left) and son Justin run a cattle and hunting operation in McMullen County over the Eagle Ford shale formation. Their land would be taken under the a National Guard plan to build a new training center. (Photo: John Davenport/San Antonio Express-News)

Battle looms over land above Eagle Ford shale

The Texas Army National Guard’s plan to acquire property for a training center in a sparsely populated county south of San Antonio has some owners up in arms.  More »
A third generation Toyota Prius on display at the North American International Auto Show in Detroit on Jan. 12, 2011. (AP Photo/Paul Sancya)

Autos analyst: Wait on trading that truck for a hybrid

With pump prices rising, values of fuel-efficient vehicles are increasing, while values of trucks and SUVs are leveling off. That means it may not be the best time to trade your Tahoe for a Prius.  More »
(Photo: Eva Prokop/Flickr)

When wind farms trump house cats

Wind energy is frequently opposed in public debates because of the hazards that turbines’ blades pose to birds. But cats kill 500 million birds a year in the United States, compared with 440,000 that fall victim to wind turbines. (Via NYT Green blog)  More »
A Tomahawk cruise missile is launched from a U.S. Naval destroyer, headed for a target in Libya, March 19, 2011. (Photo: ICEF Roderick Eubanks/AFP/Getty Images)

Why the airstrikes in Libya are making oil prices rise

It’s not as though much Libyan crude was flowing before the weekend airstrikes, so why are prices climbing now? Here are a few possible reasons culled from the analysts.  More »