Fuel Fix

renewable electricity generation

Businesses reducing energy by 25 percent as recession lingers

Businesses are reducing their energy consumption up to 25 percent in response to the recession, according to a Deloitte & Touche survey released today.  More »
Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

Oil prices up on expectations for improving demand

Oil rose above $92 a barrel Monday in Asia ahead of talks this week aimed at avoiding a military conflict over Iran’s nuclear program.  More »
(AP file photo/Grand Forks Herald, Eric Hylden)

Pa. firm announces $380M gas pipeline expansion

A Pennsylvania company will invest $380 million to expand natural gas pipelines in the state.  More »
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Demonstrators march with a replica of a pipeline during a protest against the Keystone XL Pipeline outside the White House on Sunday, Nov. 6, 2011, in Washington.  (AP Photo/Evan Vucci)

How the Keystone XL could bring higher gas prices to Texas

The Keystone XL pipeline might be a good thing for job creation and crude oil supply, but it might not have the same positive effect on gasoline prices.  More »
(AP Photo/Charles Krupa)

Matagorda County coal plant developer fights new EPA rules

Analysts predicted early retirement for some coal-fired power plants when the Environmental Protection Agency issued new limits on emissions of mercury and other toxic pollutants last year.  More »
Nuclear  Regulatory Commission Chairman Gregory Jaczko briefs White House reporters on Thursday, March 17, 2011 regarding nuclear concerns following the earthquake and tsunami in Japan. (AP Photo)

Head of US nuclear safety agency to step down

The head of the U.S. Nuclear Regulatory Commission announced Monday that he will resign as soon as a successor is confirmed to lead the country’s nuclear safety agency, a decision that comes after fellow commissioners publicly rebuked Jaczko and accused him of acting like a bully.  More »
Workers join sections of pipe on a Trinidad Drilling rig leased by Chesapeake Energy north of Douglas, Wyo. Photo: Alan Rogers / Copyright 2012 CASPER STAR-TRIBUNE

Chesapeake turns to Jefferies’ Eads in $28 billion deals

When Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon went on an oil and natural gas buying spree, Ralph Eads was the banker who found the money to fund it.  More »
(Photo: Houston Chronicle file)

Steffy: Electricity prices are going up – just ask Alice

It’s a riddle the Mad Hatter would love: Natural gas prices fall to a decade low. Electricity prices in Texas are pegged to natural gas prices. So what happens to electricity prices?  More »

Troubles roil biodiesel credit-trading market

Since 2007, federal regulators have overseen the growth of the biodiesel industry, which converts discarded animal fats, used cooking oil and other materials into fuel that can power cars, bulldozers and heavy-duty trucks.  More »
A massive fire roars through a mostly residential neighborhood in San Bruno, Calif. in Sept. 2010 after a Pacific Gas & Electric Co. pipeline exploded . (AP photo)

PG&E pledges crackdown on repeated pressure surges

Pacific Gas and Electric Co. has accidentally over-pressurized pipelines on its gas system more than 120 times since the San Bruno explosion – a rate that the company’s top gas official says is unacceptable and that experts fear could increase the risk of a similar disaster.  More »
(AP Photo/Keith Srakocic)

Pa. health care company seeks gas drilling facts

Some people are absolutely sure gas drilling threatens public health, while others are absolutely sure it doesn’t.  More »
Organic dairy farmer Siobhan Griffin stands in a field with her cows a field at Raindance Farm in Westville, N.Y. While other states are reaping the wealth of the Marcellus Shale, New York has had a moratorium on drilling for four years while it overhauls regulations amid intense lobbying for a ban. Griffin, who raises grass-fed cows and sells organic cheese, doesn’t see gas as the answer. Rather, she fears for her cows if drilling comes to neighboring leased land. She points to Pennsylvania, where 28 cows were quarantined from sale after they drank wastewater, and Louisiana, where 17 cows died after drinking contaminated water. (AP Photo/Mike Groll, File)

For NY farmers, fracking means salvation — or ruin

When Dan Fitzsimmons looks across the Susquehanna River and sees the flares of Pennsylvania gas wells, he thinks bitterly of the riches beneath his own land locked up by the heated debate that has kept hydraulic fracturing, or fracking, out of New York.  More »
The location of the Kashagan field in the Caspian Sea (Image: Uwe Dedering)

Iran finds its first Caspian Sea oil for more than a century

Iran has discovered oil in its Caspian Sea waters for the first time in more than a century, the state-run Fars news agency reported.  More »
Money Roll

Shell shareholders advised to oppose CEO’s pay

Royal Dutch Shell Plc (RDSA)’s shareholders were urged by corporate-governance adviser Pensions and Investment Research Consultants to block a pay increase being awarded to Chief Executive Officer Peter Voser, the Sunday Telegraph reported, citing a report by PIRC.  More »
This oil drilling platform, known as ``Mr. Charlie, '' was the first mobile offshore rig. It is now part of an oil industry museum in Morgan City, La. (Photo: Handout)

Offshore inspectors use Mr. Charlie

Federal regulators are using a historic drilling rig in Morgan City as a classroom for new inspectors.  More »