Fuel Fix

(Jordan Blum/Houston Chronicle)

Getting a glimpse of Exxon Mobil’s new campus

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The complex resembles a modern college campus with plenty of landscaping, about 20 buildings, three large parking garages, a wellness center and more.

Getting a glimpse of Exxon Mobil’s new campus

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(Jordan Blum/Houston Chronicle)
The complex resembles a modern college campus with plenty of landscaping, about 20 buildings, three large parking garages, a wellness center and more.
The shadows of  workers in the Permian Basin on February 5, 2015 in Mentone, Texas. (Photo by Spencer Platt/Getty Images)

Oil industry needs half a trillion dollars to endure price slump

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If oil stays at about $40 a barrel, the shakeout could be profound.

(AP Photo/Skagit Valley Herald, Scott Terrell)

Railroads confront crude safety

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Railroads that haul volatile crude shipments have reached an agreement with U.S. transportation officials to adopt wide-ranging voluntary safety measures after a string of explosive and deadly accidents.
Categories: Rail
(Eddie Seal/Bloomberg)

Fracking boom leaves Texans under toxic cloud (video)

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Texas’ air monitoring system is so flawed that the state knows almost nothing about the extent of the pollution in the Eagle Ford and companies that break the law are rarely fined, according to an investigation published this week by InsideClimate News.
Categories: Environment
The Luminant Lake Hubbard natural gas power plant, a subsidiary of Energy Future Holdings Corp., stands in Dallas, Texas. Matt Nager/Bloomberg

Utility’s bankruptcy wouldn’t cut customers’ lights

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Dallas-based Energy Future Holdings is hovering on the brink of bankruptcy, but should it tumble, the lights will continue to shine for Houston-based customers.
Categories: Electricity
Bob Inglis visits downtown Houston. Inglis spoke at the University of Houston Thursday to discuss his push for a carbon tax and other free-market approaches to addressing climate change. ( Michael Paulsen / Houston Chronicle )

GOP ex-lawmaker: Warming up to climate ideas is the right thing

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former Republican Rep. Bob Inglis visited Houston Thursday on a quest to get conservatives involved with an issue that historically has been dominated by the political left.
Shell-Logo-323x300

Shell sells Australian assets for $2.6 billion

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Vitol Group agreed to pay about $2.6 billion for Royal Dutch Shell Plc’s Australian refinery and filling stations as Europe’s largest oil company accelerates asset sales.
Categories: Deals, Gasoline
(StockMonkeys.com)

Top lawmaker proposes California fuel tax

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California’s Senate leader on Thursday proposed a tax on consumer fuel purchases of gasoline, oil, diesel, ethanol and natural gas, with the money raised diverted to mass transit projects and households making less than $75,000 annually.
Oil prices pulled back Wednesday after reaching highs for 2015 on Tuesday.

Crude oil steady as US cold underpins demand

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The price of oil was little changed Friday, underpinned by demand stemming from arctic weather in the U.S.
Categories: Crude oil, Markets