Fuel Fix

More oil rigs shut down this week

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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

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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.

(LEON NEAL/AFP/Getty Images)

Libya’s eastern oil ports will stay shut, capping oil sales

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A Libyan rebel leader refused to hand over control of three oil ports to the government, keeping a lid on the North African nation’s crude sales in a development that may buoy the price of the fuel.
FRACKING WELL 01 JL

Coast Guard wants barges to ship fracking water

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The U.S. Coast Guard wants to allow barges filled with fracking wastewater to ply the nation’s rivers on their way toward disposal. Many environmentalists are horrified, but industry groups say barge transport has its advantages

Workers unload the first crude oil unit train to arrive at Jefferson Energy Companies' Jefferson Transload Railport facility at the Port of Beaumont in Orange County, Dec. 11, 2013.  (Mark Viator/Jefferson Energy Companies)

Crude from Colorado rides train to new railport

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A trainload of crude Colorado arrived last week at a new railport in Orange County.
Vinson & Elkins partner Keith Fullenweider. (Sylvester Garza photo for Vinson & Elkins)

Q&A: Another good year for midstream partnerships

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Vinson & Elkins partner Keith Fullenweider, who advises clients on energy industry mergers and acquisitions, sees another active year for master limited partnerships in the midstream sector.
Categories: Deals, Pipelines

Predictions of a coming carbon asset bubble overstated

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Lately, it has been fashionable to talk of “stranded carbon assets” that will emerge as a risk to investors as pressure to mount a serious global climate policy increases.
Categories: General
(Image: Fotolia)

Oil prices down as market awaits Fed meeting

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Benchmark U.S. crude for January delivery dropped 90 cents to $96.60 a barrel.
Categories: Crude oil, Gasoline
Protestors at the National Mall call on President Obama to reject the Keystone XL pipeline on Feb. 17, 2013. (AP Photo/Manuel Balce Ceneta)

Lawmakers want Keystone XL decision delayed

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Roughly two dozen congressional Democrats want the Obama administration to postpone a final environmental assessment of TransCanada Corp.’s proposed Keystone XL pipeline until conflict of interest allegations surrounding that review have been resolved.