Fuel Fix

Cleanup of oil spill at ND farm to take 2 more years

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FILE - This Oct. 11, 2013 file photo shows cleanup at the site of an oil pipeline leak and spill near Tioga, N.D. (AP Photo/Kevin Cederstrom, File)
“It’s now just become part of our lives,” Patty Jensen said of the massive spill from a Tesoro Corp. pipeline that was discovered in September 2013 by her husband.
Rigs stacked at a business 20 miles west of Farm-To-Market Road 1788 photographed Tuesday, Feb. 24, 2015. (AP Photo/Reporter-Telegram, James Durbin)

A single oil rig was shut down last week, extending six month decline

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As the price of oil seemingly began to stabilize for now near $60 a barrel, the U.S. oil rig count slowed its pace of decline down to a crawl. The number of U.S. oil rigs is now at 659, according to Baker Hughes data, after dropping by eight oil rigs a week prior.

Abraxas gives an Eagle Ford update

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San Antonio-based Abraxas Petroleum Corp. provided an update this week of its Eagle Ford Shale and other operations and acquisitions. Here’s what the company is doing in South Texas: It has acquired approximately 440 net acres in McMullen County known as Dilworth East, where it believes it can put as many as four 5,000-foot lateral [...]
Categories: Uncategorized
(Image: Fotolia)

Oil prices may fall on oversupply in 2014, Moody’s says

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Slowing economic growth in China and rising oil production in the Middle East could hamper global oil prices in 2014, especially in North America, according to Moody’s Investors Service.
Categories: Crude oil

( Johnny Hanson / Houston Chronicle )

Power demand in Texas hits winter record amid sub-freezing temperatures

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The Texas grid met cold-weather demand a day after freezing temperatures and power plant problems nearly forced rolling blackouts, and grid operators discontinued a conservation alert.
Categories: Electricity, Weather
Texas Railroad Commissioner David Porter. (photo courtesy of Texas Railroad Commission)

Earthquakes lead Texas agency to hire seismologist

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Railroad Commissioner David J. Porter said: “Commission rules and regulations must be based on sound science and proven facts.”
Jim Lawrence is director of the Blakely Advocacy Institute at the University. Blakely is sponsoring the Andrews Kurth Moot Court National Championship in January.(Dave Rossman photo)

Students’ debate over fracturing could be fractious

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The nation’s 16 best moot-court programs are preparing to face off at the federal courthouse in Houston this month. They’ll be debating an issue at the heart of the United States current energy boom: hydraulic fracturing.
A coal train heads north through Washington state. 
(Philip A. Dwyer/Bellingham Herald/MCT)

Temporary rebound expected for coal mining in 2014

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Natural gas prices rose and coal regained some of its once-dominant share in the electricity generation business in 2013, a report says.

Categories: Coal, Natural gas
(Tom Reel/San Antonio Express-News)

Spending in Eagle Ford forecast at $30B this year

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The unrelenting pace of drilling and development will continue in South Texas this year, with oil and gas companies expected to spend between $23 billion and $30 billion in the Eagle Ford Shale.