Fuel Fix

(AP file photo/David J. Phillip)

El Paso Shareholders Approve $24 Billion Kinder Morgan Deal

El Paso Corp.’s shareholders approved Kinder Morgan Inc.’s $24 billion takeover bid, which will create the biggest U.S. pipeline company.  More »
Prices for regular and diesel are posted in front of a service station in Mercer Island, Wash., near Seattle. A four-day rise in oil prices stalled Wednesday following a weak report on Chinese manufacturing and lingering concerns about Greece's bailout. The price of West Texas Intermediate, the benchmark for oils produced in the U.S., fell 46 cents to $105.79 a barrel in afternoon trading on the New York Mercantile Exchange. (AP Photo/Elaine Thompson)

Exxon executive says $5 per gallon unlikely in near future

Exxon Mobil CEO Rex Tillerson said American drivers shouldn’t worry about $5-per-gallon gas.  More »
(AP Photo/Reed Saxon)

Steffy: Outlook for airfares: up, up and away

Airfares are expected to keep climbing and planes will remain crowded as carriers cut routes to combat higher fuel prices, the Federal Aviation Administration predicts.  More »

An El Paso well in the Altamont field in Utah (Photo: El Paso Corp.)

Steffy: Little to brag about in El Paso deal

You can almost feel the collective shoulder shrug from El Paso shareholders.  More »
Protestors scale a shale gas rig at Banks, near Southport, England bringing a halt to work at the Cuadrilla Resources site Wednesday  Nov. 2 , 2011.  Cuadrilla Resources, which is drilling for gas in northwestern England, said Wednesday that independent experts concluded that the tremors were due to an unusual combination of geology and operations, and were unlikely to happen again. The company said local geology would limit any future seismic events to around magnitude 3 on the Richter scale. The tremor on April 1 measured 2.3 on the Richter scale.  Local campaigners have mounted a "Frack Off" campaign to oppose the drilling technique that cracks open rock layers to free natural gas.  (AP Photo/Peter Byrne/PA)

Fracking failing to crack China, Europe shale, Exxon says

Some shale formations in Europe and China are impervious to drilling techniques that opened vast reserves of natural gas and oil from Texas to Pennsylvania, said Rex Tillerson, Exxon Mobil Corp. (XOM)’s chief executive officer.  More »
Demonstrators hold up signs in front of the White House in Washington, Friday, Sept. 2, 2011, to protest the Keystone XL Pipeline project in the US, and the Tar Sands Development in Alberta Canada. (AP Photo/Luis M. Alvarez)

Senate rejects Republican plan to approve Keystone line

Senate Republicans vowed to try again to speed up approval of TransCanada Corp. (TRP)’s Keystone XL oil pipeline after falling four votes short of rounding up enough Democratic support to expedite the project.  More »
Nesting pelicans are seen landing as oil washes ashore at an island near Louisiana in May 2010. (AP Photo/Gerald Herbert)

One word in spill case could mean billions

As BP and others involved in the 2010 Gulf of Mexico oil spill negotiate possible settlements ahead of a now-delayed trial, billions of dollars in fines and damages could ride on the legal issue of whether BP and other companies acted with gross negligence.  More »

OPEC sees flat oil market for 2012

OPEC is predicting a flat market for oil due to weak economic performance in developed nations.  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)

Romney: Obama ‘in part’ to blame for gas prices

Seeking to tap into the public’s concern over rising gas costs, Mitt Romney on Thursday said President Barack Obama was “in part” to blame for higher prices at the pump.  More »
Workers for TEPCO experimentally spray adhesive synthetic resin over the ground at the Fukushima Dai-ichi nuclear power plant in northeastern Japan to prevent radioactive dust from spreading. (AP Photo/Tokyo Electric Power Co.)

Japan barely improves nuclear regulatory system

Right after three reactors in northeastern Japan sank into meltdowns, the government vowed to sever the cozy relations between the nuclear industry and its regulators. One year later, it has yet to even appoint committee members to scrutinize the “revolving door” of officials landing jobs in the very industries they regulate.  More »
(AP file photo/Paul Sakuma)

General Electric chief sees more growth in Houston

General Electric CEO Jeff Immelt says the company will capitalize on growth of the oil and gas industry and took a swipe at Obama’s “all-of-the-above” energy approach.  More »
Steam rises from the cooling towers of nuclear reactors at Georgia Power's Plant Vogtle, in Waynesboro, Ga. The U.S. Nuclear Regulatory Commission is expected to vote Thursday, Feb. 9, 2012 on Southern Company's application to begin full construction of the nation's first new nuclear units in 30 years at Plant Vogtle. (AP Photo/Mary Ann Chastain, File)

CERA: Split views on future of nuclear energy

The future of nuclear power plants got mixed reviews from a panel of experts speaking Thursday at the IHS CERA Week energy conference in Houston. “We believe that, especially the construction of new nuclear power plants, is very debatable,” said Johannes Kindler, vice chairman of Germany’s Federal Network Agency for Energy, Gas, Telecommunications, Post, and […]  More »
Louis Meeks holds a jar filled with water from a contaminated well on his property near  in Pavillion, Wyo.  (AP Photo/Casper Star-Tribune, Kerry Huller)

EPA, Wyoming agree to more groundwater testing

The agency says some groundwater may have become contaminated by gas development including hydraulic fracturing.  More »
Demonstrators march with a replica of a pipeline during a protest of Keystone XL at the White House on Sunday, Nov. 6.  (AP Photo/Evan Vucci)

Senate rejects Keystone XL measures, OKs directing spill fines to Gulf

The Senate on Thursday rejected controversial Republican proposals to approve the Keystone XL oil pipeline, expand offshore drilling into new waters, and delay environmental regulations for industrial and commercial boilers.  More »
Speaker of the House John Boehner, R-Ohio, speaks to reporters at the Capitol in Washington. (AP Photo/J. Scott Applewhite)

House GOP’s energy, Keystone XL bill on life support

The House will probably take up the Senate’s transportation bill, Speaker John Boehner said Thursday, signaling his chamber’s own legislation that would approve the Keystone XL pipeline and expand oil-and-gas drilling to fund road projects might not have the needed support to pass.  More »