Fuel Fix

Khaled al Otaiby, an official of the Saudi oil company Aramco watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia in 1997. (AP file photo/John Moore)

Saudi oil chief pledges to offset shortfalls

Saudi Arabia’s oil minister said Wednesday that his country and other oil exporters are ready to offset any shortfalls in supply because of market volatility — an apparent reference to showdowns with Iran over its nuclear program.  More »
Prices for three grades of gasoline are posted in front of a service station Wednesday, Feb. 22, 2012, in Bellevue, Wash., near Seattle. (AP Photo/Elaine Thompson)

Alaska bill against fuel price gouging has hearing

A bill aimed at gasoline refiners that would ban price gouging received a hearing Tuesday before a skeptical Senate committee.  More »
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site. (AP file photo/Ralph Wilson)

$900M gas-processing operation planned in Ohio

A group of companies is planning $900 million operation for processing natural gas and natural gas liquids in eastern Ohio.  More »
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Sand or other small substances are used in hydraulic fracturing to prop open fissures in shale formations to allow natural gas to flow. (AP Photo/Minnesota Public Radio, Mark Steil)

Colorado investigates dumping of fracking sand

Colorado officials are investigating the dumping of radioactive sand related to hydraulic fracturing into an unpermitted pit at an EOG Resources oil well in northern Weld County.  More »
An oil pump jack in motion. (AP Photo/Hasan Jamali)

Oil falls to near $106 after US crude supply jump

Oil prices fell to near $106 a barrel Wednesday in Asia after a report showed a jump in U.S. crude supplies, a sign demand remains sluggish.  More »
An oil worker walks pass the manifold (right) and frac pumps (left) at a Chesapeake Energy hydraulic fracturing operation near Carrizo Springs, Texas on Thursday May 5, 2011. (Photo: John Davenport/San Antonio Express-News)

Chesapeake to invest in Utica shale complex

Chesapeake Energy Corp. and partners plan a midstream complex to service the emerging Utica shale play in eastern Ohio.  More »
Prices for three grades of gasoline are posted in front of a service station Wednesday, Feb. 22, 2012, in Bellevue, Wash., near Seattle. (AP Photo/Elaine Thompson)

Oil, natural gas rise amid improving U.S. economy

The gains indicate growing confidence in the economy and the potential for stronger energy demand.  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 turns back Keystone XL, drilling expansion again

The Senate for the second time in as many weeks turned back a Republican-led effort to add provisions approving the Keystone XL oil pipeline to an unrelated transportation bill.  More »
Houston Ship Channel (AP file photo/Pat Sullivan)

Houston Ship Channel has 41 vessels stalled

Forty-one ships were waiting to pass through the Houston Ship Channel, which serves the largest U.S. petroleum port, after fog halted traffic yesterday, the Coast Guard said.  More »
(Photo: Julien Tromeur, Flickr)

Oil prices ‘high’ because of political tensions

Oil-producing nations in the Middle East and Africa said current crude prices at $125 a barrel are “high” as a result of international political tensions.  More »

CPS to close on plant deal in April

CPS Energy said Monday that it expects to close in April on its purchase of a natural-gas-fired plant in Seguin.  More »
Michael Jenkins, left, and Joshua Dugan work on an oil rig running on Anadarko’s Raybank Well near Mentone, about 90 miles west of Midland.

Anadarko plans to boost spending by 13 percent

Anadarko Petroleum Corp. (APC), the largest U.S. independent oil and natural-gas producer by market value, plans to boost spending as much as 13 percent as it taps onshore crude reservoirs and pushes ahead on African projects.  More »