Fuel Fix

More oil rigs shut down this week

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

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.

U.S. Sen. Max Baucus, D-MT  (Chip Somodevilla/Getty Images)

Senate tax plan spares big oil industry deduction

Although Sen. Max Baucus has taken aim at a host of tax deductions cherished by the oil and gas industry, one big deduction has stayed out of his crosshairs.
Categories: Politics/Policy
(Image: Fotolia)

Oil price falls below $96

The price of crude dropped 3 percent.
Categories: Crude oil, Gasoline

President and co-founder, Nebolisa Egbunike speaks at a Subsea Engineering Society general meeting at the University of Houston, Thursday, Nov. 21, 2013, in Houston. The University of Houston has started a new subsea master's degree, and Egbunike, along with Michael Ogiefor founded the society to help students connect with industry. (Cody Duty / Houston Chronicle)

UH subsea society seeks to rise to the top

Two men from a University of Houston engineering program are not content to ride the wave of the school’s new subsea program — they are working hard to put it on the map as a dynamic new offering to the energy industry.
Categories: Offshore, Premium, Workforce
(Courtesy of LyondellBasell)

LyondellBasell restarts Texas plant amid cheap natural gas

LyondellBasell has restarted a chemical plant that had been dormant for a decade, inspired to make the change because of low natural gas prices, the company said Thursday.
Categories: Chemicals, featured
Turbines at Pattern Energy's Gulf Wind project in Kenedy County, Texas are silhouetted by a sunset. (Pattern Energy)

Conservatives form group favoring renewable energy

Conservative leaders and activists in Michigan have formed a group to support basing energy policy on the use of renewable resources and energy-efficiency programs.
Categories: Politics/Policy, Solar, Wind
An oil pumping unit in operation at Canal Place in Akron, Ohio. (AP Photo/Anthony Onchak)

Ohio energy production rising as wells increase

A new report says Ohio energy companies extracted more than twice as much oil and gas from the Utica shale during three months last year than all of 2012.
Categories: Production
(AP Photo/Mark Lennihan, File)

Judge rules utility should invest in solar over natural gas

A judge’s ruling this week means Minnesota could see a major expansion in the use of solar power over natural gas.
Categories: Electricity, Solar