Fuel Fix

Graphic: Sageworks)

Where does your money go at the gas pump?

Who should get the blame for high gas prices? Study shows where your gas money goes, and it might surprise you.  More »
(AP Photo/Charles Krupa)

Utility chiefs worry U.S. rush to gas will crowd out other fuels

The U.S. is at risk of relying too much on natural gas as transportation, manufacturing and electric-power industries vie for the cheap fuel, top executives of three power utilities said.  More »
BPsign

BP targets availability of two new biofuels by 2014

BP Plc (BP/) is testing two advanced biofuels that could be commercially available by 2014, said Philip New, chief executive officer of the U.K. petroleum company’s biofuels unit.  More »
The damaged No. 4 reactor building at Tokyo Electric Power Co.'s Fukushima Dai-ichi nuclear power plant in Okuma town, northeastern Japan. (AP Photo/Kyodo News)

Japan utility takes out 2 Fukushima nuke fuel rods

A giant crane removed two rods packed with nuclear fuel from the Fukushima nuclear plant on Wednesday, the beginning of a delicate and long process to deal with a remaining risk of more radiation escaping from the disaster-struck plant.  More »
Fire boat response crews spray water on the blazing remnants of the Deepwater Horizon offshore oil rig. (AP Photo/US Coast Guard, File)

Coalition offers vision for Gulf restoration

More than two years after the catastrophic BP oil spill, environmental groups say billions of dollars the British oil giant is expected to spend on restoration should go toward buying tens of thousands of acres of coastal land for conservation, rebuilding Louisiana’s eroding wetlands and creating nearly 200 miles of oyster reefs.  More »
President Barack Obama arrives at the TransCanada Stillwater Pipe Yard in Cushing, OK, to discuss his energy policy, on March, 22, 2012. (Photo: Pablo Martinez Monsivais/AP Photo)

Agency: Keystone XL corridor avoids Sandhills

Nebraska environmental regulators say a new proposed corridor for the Keystone XL pipeline still crosses areas of fragile, sandy soil, even though it avoids what they defined as the Sandhills.  More »
(AP file photo/Grand Forks Herald, Eric Hylden)

BLM releases document on proposed pipeline

The federal government’s preliminary environmental assessment of a proposed pipeline for transporting natural gas liquids in the West is ready for review.  More »
(Photo: Flickr, Caston_Corporate)

CEO switch: Duke Energy seeks delay in testimony

Duke Energy Corp. asked state regulators Tuesday for a weekslong postponement of testimony by two top directors about the surprise CEO switch at the top of America’s largest electric company.  More »
A crew works on a Marcellus Shale drilling rig to produce natural gas. (AP Photo/Keith Srakocic)

Debate over Talladega drilling continues

Although the lease of lands in the Talladega National Forest by the Bureau of Land Management and the Forest Service has been postponed, many don’t consider the fight to be over just yet.  More »
A Linn Energy relief driller loads drill rods onto a rig in Indiana, Pa. (AP file photo/Andrew Rush)

Moody’s downgrades Linn Energy outlook based on aggressive acquisitions

Moody’s Investors Service downgraded Linn Energy’ rating outlook from stable to negative because of acquisitions that have raised the Houston E&P company’s debt.  More »
Drillships work near the Tahiti field in the deepwater Gulf of Mexico. (Simone Sebastian/Houston Chronicle)

Power grid in sea reaches for new depths

Offshore operators racing to extract more oil from under deep waters have a vision of one day running wells remotely from land, reducing the need for multibillion dollar offshore production platforms.  More »
In this Saturday, July 14, 2012 photo provided by Capt. Kristjan B. Laxfoss, a Shell drilling ship drifts near shore near Dutch Harbor on Unalaska Island, Alaska. The Coast Guard says an inspection of the Shell drilling ship that lost its mooring and drifted toward shore of an Alaska Island shows no signs of damage or grounding. Photo: Capt. Kristjan B. Laxfoss / AP

Coast Guard says no damage found on Shell drill ship

Coast Guard Lt. Jim Fothergill said video captured by divers shows no damage or signs of grounding by the 571-foot Noble Discoverer, which slipped its anchorage Saturday, drifting extremely close to shore. Two Coast Guard investigators were aboard the ship Monday during the divers’ inspection and witnessed the live video feed, Fothergill said  More »