Fuel Fix

(Photo: Julien Tromeur, Flickr)

Oil falls below $107 in Asia

Oil prices fell below $107 a barrel today in Asia amid mixed signs about U.S. economic strength.  More »
Chevron oil drilling platform 230 miles off Rio de Janeiro in November 2011. (Marcia Foletto/AFP/Getty Images)

Judge bars Chevron, Transocean execs from leaving Brazil

Brazilian prosecutors said Saturday they will file criminal charges against 17 executives of Chevron Corp. and drilling contractor Transocean Ltd. for a new oil leak near the offshore well where at least 110,000 gallons (about 416,000 liters) spilled late last year.  More »
(AP file photo/David J. Phillip)

Dynegy disputes examiner’s conclusion of fraudulent transfer

Dynegy is both troubled and disappointed by the examiner’s report as we continue to believe our restructuring activities benefited all stakeholders and were conducted in the proper manner,” CEO Robert C. Flexon said .  More »

Demonstrators for and against the Keystone XL pipeline gather in Lincoln, Neb., before a public hearing on the project. (AP Photo/Nati Harnik)

Energy group, crying political influence, seeks Keystone documents

The Institute for Energy Research filed a public records request for U.S. government documents pertaining to the Keystone XL pipeline in trying to assess their concerns that the Obama administration’s denial of a cross-border permit for the project stemmed from political motivations.  More »
(AP file photo/Paul Sakuma)

GE expands energy footprint with Eagle Ford pipeline investment

General Electric is taking 30.6 percent stake in San Antonio-based Meritage Midstream Services, the mega-corporation’s latest move to expand its role in Texas’ energy world.  More »
(AP file photo/David J. Phillip)

Assets to go to pave way for merger

Houston-based Kinder Morgan has agreed to sell some of its Rocky Mountain pipeline assets to obtain regulatory approval for its acquisition of El Paso Corp., it announced on Thursday.  More »
Sen. Ed Markey, D-Mass. (AP Photo)

Democrats up calls for Obama to consider oil reserves

Democrats increased their recent calls for President Obama to release oil from the Strategic Petroleum Reserve, noting oil prices dropped Thursday after a report, which the White House denied, that the U.S. and Britain had agreed to release oil from their reserves.  More »
A delivery driver connects hoses on a gasoline tanker, prior to replenishing the tanks at a BP station in Pittsburgh. The nationwide average for regular unleaded slipped less than a penny to $3.764 per gallon on Tuesday, March 6,2012. That ended a streak of price hikes that began on Feb. 8.  (AP Photo/Gene J. Puskar)

Oil output on federal lands, offshore up under Obama, data show

Oil output during the first three years of the Obama administration was 13 percent higher than from 2006 to 2008, according to new federal data, though it did decrease somewhat between 2010 and 2011.  More »
A Chevron drill site manager on the Discoverer Deep Seas as it drills a prospect about 100 miles off the coast of New Orleans in the Gulf of Mexico.  (Karen Warren/Houston Chronicle file photo)

Governors urge Obama to loosen up deep-water drilling requirements

Seven state governors are urging President Obama to loosen up regulatory requirements for deepwater drilling, in a written letter to the White House.  More »
This image taken Nov. 17, 2011, and released by Chevron, shows an aerial view of vessels in the cleanup of an oil spill in an offshore field operated by Chevron at the Bacia de Campos, in Rio de Janeiro state, Brazil.  (AP Photo/Ibama)

Chevron to suspend production at Brazilian field after seep

It is not clear how long the field’s production could be shut down, or how it might influence an already tight world oil market.  More »
Craig Sautner, a resident of Dimock, Pa., holds a jug of contaminated water outside a September EPA meeting on hydraulic fracturing in New York. (Photo: AP/Press & Sun-Bulletin)

EPA says some homes’ water meets health standards

Water belonging to 11 homes in a Pennsylvania township met federal health standards, the Environmental Protection Agency said late Thursday, amid residents’ concerns about whether hydraulic fracturing by Houston-based Cabot Oil & Gas Corp. may have polluted it.  More »
This photo taken and released by Rio de Janeiro's government, shows an aerial view of a boat crossing an area of an oil spill in an offshore field operated by Chevron at the Bacia de Campos, in Rio de Janeiro state, Brazil. Rio de Janeiro state's environment secretary, Carlos Minc, says Brazil is expected to fine Chevron nearly $28 million for the ongoing offshore oil spill and will also ask Chevron to pay for damages caused by the Atlantic spill. Minc said Monday he considers the fine way too lenient, but it's the maximum allowed under current Brazilian law. (AP Photo/Rio de Janeiro's government,Rogerio Santana)

Brazil says new Chevron oil leak off coast

Oil started leaking again from cracks on the ocean floor near an offshore Chevron well where at least 110,000 gallons spilled late last year, Brazil’s oil regulator said.  More »
President Barack Obama (AP file)

Obama defends energy record

Vigorously defending his policies, President Barack Obama ridiculed critics of renewable energy sources Thursday, calling them naysayers and comparing them to the flat-earthers of yesteryear.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Waste boss: No NY fracking until 2013

The chairman of a Vermont-based company looking to handle waste from shale gas drilling has told investors that hydraulic fracturing in New York state likely won’t begin until 2013.  More »
Penguins gather on the coast of Murrell Farm near the northeastern corner of the Falkland Islands. The Falklands have struck oil, potentially pumping billions of dollars into their treasury. One downside is the potential for a major spill in seas where penguins, whales, seals and other marine mammals are drawn to unspoiled coasts.   (AP Photo/Michael Warren)

Offshore oil a ‘game-changer’ for Falkland Islands

Falkland Islanders are so accustomed to making do with what they’ve got that many still heat their homes with peat stoves, grow their own vegetables, repair their Land Rovers themselves and raise chickens for their soft-boiled eggs.  More »