Fuel Fix

A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP)

Chesapeake Energy rebounds after denying bankruptcy plans

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The Oklahoma City oil and gas producer has some $11.6 billion in debt and a $500 million note due next month, according to regulatory filings.

Chesapeake Energy rebounds after denying bankruptcy plans

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A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP)
The Oklahoma City oil and gas producer has some $11.6 billion in debt and a $500 million note due next month, according to regulatory filings.
Motorists refuel at a Mobil gas station in Pittsfield, Mass., where regular gasoline is for sale at $1.99 per gallon, Tuesday Sept. 29, 2015. (Ben Garver/The Berkshire Eagle via AP) BERKSHIRE COURIER OUT, GREAT BARRINGTON RECORD OUT, RURAL INTELLIGENCER OUT, BERKSHIRES OUT; MANDATORY CREDIT

National gasoline average now below $1.75 a gallon

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Prices at the pump are currently at their lowest prices in seven years courtesy of bountiful supply and cheap costs of crude oil
Categories: Consumers, featured, Gasoline

FILE - In this March 29, 2013, file photo, workers tend to a well head during a hydraulic fracturing operation outside Rifle, in western Colorado.

New Colorado oil, gas rules could affect very few sites

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The rules were designed to address conflicts that arise when Colorado’s growing cities and oilfields expand into each other. Residents complain of around-the-clock noise and lights from nearby drilling rigs, and they worry about spills and air pollution.
California Gov. Jerry Brown (AP Photo/Rich Pedroncelli)

Only 1 Californian got custom oil map: Brown

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None of the new records showed anyone getting a custom map of private property, or assessment of their land’s oil and gas and mineral potential — both of which Gov. Jerry Brown got from state regulators last year.
Shoreline Cleanup Assessment Technique team members, left, evaluate oil coverage as a hand crew worker scraps areas affected by an oil spill at Refugio State Beach, north of Goleta, Calif., on Wednesday, June 10, 2015.  (AP Photo/Damian Dovarganes)

More repairs ordered for pipe after California oil spill

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Federal regulators said the line owned by Plains All American Pipeline was constructed and operated in the same way as the line that broke May 19 outside Santa Barbara and the agency had found inspections of both pipes had underestimated corrosion inside.
Categories: General, Pipelines
Earthquake2-DaveSchumaker-flickr

Is SandRidge Energy close to crumbling?

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Regulators’ efforts to reduce earthquake risk in the most seismically active area of the state could put the company at risk, because its operations are so narrowly focused in one area.

Commentary: The Energy Hustle

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According to media reports, NextGen Climate, billionaire Tom Steyer’s non-profit advocacy organization is launching a national ad campaign to push for legislation to mandate, directly or indirectly, that 50 percent of U.S. power from renewable sources by 2030. The ad campaign will focus on the economic impacts of climate change, and will run in states […]
Categories: featured, General, p2
(Daniel Acker/Bloomberg)

North Dakota posts 1.1 million barrels of oil daily in September

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The North Dakota Department of Mineral Resources says the state’s oil production dropped by about 25,000 barrels a day in September.
Categories: Crude oil
(Luke Sharrett/Getty Images)

Obama climate plan puts squeeze on coal state governor

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The Obama plan puts a big target on Bullock’s back as he tries to avoid the fate of other Democrats tossed on the slag heap in the nation’s coal belt.
Categories: Coal
(Spencer Platt/Getty Images)

U.S. oil rig count ticks up after 10 weeks of declines

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Oil field operators have pulled back about 65 percent of the rigs that were operating at the peak of the U.S. oil boom in October 2014.
(Tomohiro Ohsumi/Bloomberg)

Natural gas inventories approach bearish milestone

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The 49 billion cubic foot injection into storage reported by the U.S. Energy Information Administration brought total inventories to 3.98 billion cubic feet.
FILE - In this this file photo released on May 4, 2015, on a militant website, which has been verified and is consistent with other AP reporting, Islamic State militants pass by a convoy in Tel Abyad, northeast Syria. The Islamic State rakes in up to $50 million a month from selling crude from oilfields under its control in Iraq and Syria, part of a well-run oil industry that U.S. diplomacy and airstrikes have so far failed to shut down, according to Iraqi intelligence and U.S. officials.(Militant website via AP, File)

Islamic State commander linked to slaying of Apache worker in Egypt has been killed

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Aly Ashraf Hassanein al Gharabli ran operations for an ISIS-linked militant group that claimed responsibility last year for murdering William Henderson.
Categories: Crude oil, Middle East

Rising crude imports point to record US inventories ahead

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Happy Friday 13th! This final day of the week is set to be a scream. Jumping straight into the overnight economic data, and the final print for Japanese industrial production was not as scary as it could have been, coming in at 1.1% for September, slightly above consensus of 1.0%. Across to Europe, and preliminary […]
Categories: Crude oil
(AP Photo/Hasan Jamali, File)

IEA: Iran return will intensify Europe oil-price competition

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Europe will be the battleground between producers of sour crude grades, including Russia, Iraq, Saudi Arabia and Iran, as the Asian market becomes more “crowded,” the Paris-based IEA said in its monthly report.