Fuel Fix

More oil rigs shut down this week

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Categories: Crude oil, featured, Markets
The number of U.S. rigs chasing oil fell to a total of 646 this week, according to a weekly tally by oil service company Baker Hughes.
Alan Sadler

Feds’ plan to boost biofuel targets draws fire from all sides

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In trying to balance the competing interests of oil companies and biofuel producers, the Environmental Protection Agency’s proposed renewable fuel quotas for 2014, 2015 and 2016 have pleased almost no one.

Thomas "Tom" Donohue, president and chief executive officer of the U.S. Chamber of Commerce, speaks in Washington, D.C., U.S., on Wednesday, Jan. 8, 2014. (Andrew Harrer/Bloomberg)

Chamber of Commerce joins call to lift ban on US oil exports

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The Chamber of Commerce added its voice to the growing clamor to export American oil on Wednesday, with the group’s CEO casting a U.S. ban on foreign crude sales as antiquated policy that is on its way out.
Green Mountain Energy is building a 10-kilowatt demonstration solar system at the existing Elbow Creek wind farm near Big Spring in West Texas.

Role of Texas wind power debated after winter emergency

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Critics say Monday’s close brush with blackouts raises questions about the role of wind in grid reliability.
Categories: Electricity, Wind

Thomas "Tom" Donohue, president and chief executive officer of the U.S. Chamber of Commerce, speaks in Washington, D.C., U.S., on Wednesday, Jan. 8, 2014. (Andrew Harrer/Bloomberg)

‘Shallow politics’ at root of Keystone delay, Chamber CEO says

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The nation’s top business lobbyist on Wednesday blamed long delays vetting the Keystone XL pipeline on “shallow domestic politics.”
(AP Photo/Hasan Jamali, File)

US oil boom will slow in 2015, feds forecast

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U.S. daily crude production will slow next year for the first time since the nation’s shale oil boom began in earnest, according to a new federal forecast.

No Scarcity of Economic Ignorance in Congress

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With US oil production booming, pressure has increased to repeal an archaic law that prohibits the export of crude oil without a license.  The law dates back to the early 1970s when OPEC nations imposed an embargo on exports to the US.  That was a time when many in the nation were obsessed with predictions […]
Categories: General
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Bloomberg commentator: ‘Doubt fracking caught Saudis by surprise’ (video)

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Former Hostess Brands CEO Greg Rayburn discussed the impact of U.S. shale oil on foreign oil companies on Bloomberg Television’s “Street Smart” on Tuesday.
Categories: Markets, Production
(AP Photo/Nati Harnik)

Recycled phone books to be used to generate energy

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Old, unwanted phone books on Oahu are being collected to eventually recycle and generate power.
Categories: Electricity