Fuel Fix

The Wednesday, March 28, 2012 aerial shot provided by Greenpeace shows Total's Elgin Wellhead Platform in the North Sea off the shore of Scotland. A two-mile exclusion zone has been set up around the offshore platform in the North Sea which has been evacuated after a gas leak, Tuesday, March 27, 2012. The leak on Total's Elgin PUQ platform, about 150 miles (241km) off the coast of Aberdeen, led to the evacuation of all 238 workers on Sunday. Photo: Martin Langer / Greenpeace

Scots deploy taste testers to sample gas leak fish

The Scottish government says it has deployed taste testers to sample fish found around the site of a North Sea gas leak.  More »
(Photo: BFS Man)

Army lab to develop energy-saving technology

A new Army laboratory will develop technology such as fuel cells and hybrid systems for combat vehicles as the Pentagon steps up its push for cleaner and more reliable energy, federal officials said Wednesday.  More »
(Photo: Julien Tromeur, Flickr)

Oil below $102 amid US crude supply increase

Oil prices lingered below $102 a barrel Wednesday in Asia after a report showed U.S. crude supplies jumped more than expected for a third week, suggesting demand remains weak.  More »
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Natural gas drilling in the United States has led to far cheaper prices here than in Asia. Photo: Matt Nager / HC

U.S. sees glut of natural gas, falling prices

One of the warmest winters on record cooled demand for natural gas, taxing the nation’s storage facilities and threatening producers’ balance sheets.  More »
(AP Photo/Lynne Sladky)

Chevron says first-quarter profit will beat fourth-quarter

The oil company said Tuesday that it also benefited from higher refining profit margins, lower operating costs, and gains from selling assets.  More »
Rig workers, like Robert Cornett (right) pause while mopping the decks on the Hercules 251. (Smiley N. Pool/Houston Chronicle)

Lawmaker presses for payment of drilling ban damage claims

Rep. Jeff Landry, R-La., is asking an oil spill plaintiffs’ group to recommend payments to oilfield service companies and workers who lost business and wages because of a five-month deep-water drilling ban.  More »
Image from Crossroads GPS television advertisement linking President Barack Obama's energy policies with high gasoline prices.

Arm of GOP super PAC hits Obama on rising gas prices

A new advertising campaign by Crossroads GPS blames rising gasoline prices on President Barack Obama.  More »
Gas nozzle at a Valero pumping station (AP Photo/Rich Pedroncelli, file)

Drivers to pay 6 pct more for gas this summer

U.S. drivers will pay an average of 24 cents more per gallon for gasoline during this summer’s travel season, the government says.  More »
Fire boat response crews spray water on the blazing remnants of the Deepwater Horizon offshore oil rig. (AP Photo/US Coast Guard, File)

Court-mandated claim facility pays out $134 million in BP spill claims

Gulf Coast victims of the Deepwater Horizon accident have been paid $134 million through the transition process that replaced the Gulf Coast Claims Facility, BP announced on Tuesday morning in a written statement.  More »
Chevron's Genesis platform is shown in the Gulf of Mexico.  (AP Photo/Mary Altaffer)

Gulf could see busiest year since BP spill

Oil drillers are expected to be busier this year in the Gulf of Mexico than at any point since the Macondo well spill that prompted the federal government to place a moratorium on offshore drilling, according to Reuters.  More »
Mohammad Rezaie changes the gas prices at his Union 76 gas station in Oakland, Calif., Friday, Nov. 11, 2011.  The price of oil is flirting with $100 per barrel for the first time since the summer, as fears fade that Europe's debt crisis will spread and trigger another recession. (AP Photo/Paul Sakuma)

Signs of gas drop seen thwarting case against Obama

Signs that gasoline prices may have peaked signal relief to both American drivers and President Barack Obama, who Republicans have tried to tie to a climb in the costs.  More »
(Photo: BFS Man)

ERCOT doesn’t foresee rolling summer power outages

The state’s electric grid operator is predicting that Texas will make it through the summer without rolling outages after the system was pushed to the brink last year.  More »