Fuel Fix

Some Ohioans are asking for a ban on fracking for Natural Gas until the Environmental Protection Agency completes its study. (Photo: Ty Wright/Bloomberg)

Natural gas prices climb as summer heats up

Natural gas futures jumped to a five-month high in New York on forecasts for hotter-than-normal weather that would boost fuel demand from power plants.  More »
New Jersey Gov. Chris Christie speaks during a town hall meeting in Toms River, N.J. (AP Photo/Mel Evans)

Christie: No decision on banning fracking waste

Gov. Chris Christie says he hasn’t decided whether to sign a measure that bans hydraulic fracturing byproducts from other states from entering New Jersey.  More »
ValeroLogo

Valero Energy idles central Indiana ethanol plant

Valero Energy Corp. has temporarily stopped production at a central Indiana ethanol plant because of rising corn prices.  More »
(Photo: Fotolia)

Oil above $80 amid signs of improving US economy

Oil hovered above $80 a barrel Thursday in Asia amid signs the U.S. economy, the world’s largest crude consumer, may be improving.  More »
An ERCOT worker mans a desk in the Texas electric grid manager's Austin control room. (Photo: ERCOT/Tom Reel)

Texas PUC to vote on wholesale power price caps

The Texas Public Utility Commission is set to vote Thursday on raising the price cap on wholesale electricity rates by 50 percent later this summer, a move advocates hope would spur construction of new power plants to help the state avoid rolling blackouts and meet future energy demands.  More »
Kurt Mix leaves the federal courthouse in Houston after he was freed on bail. The former BP engineer is accused of obstruction of justice in connection with the 2010 Gulf of Mexico oil spill. Cody Duty / Houston Chronicle

Judge allows spill defendant to give prosecutors BP documents

A former BP employee got court permission to give prosecutors documents the company wanted to withhold — evidence he says will clear him of a criminal charge related to the 2010 Gulf oil spill.  More »
Pennsylvania Gov. Tom Corbett . (AP Photo/John Heller)

Tax experts question credits for Pa. Shell plant

Gov. Tom Corbett and union leaders want lawmakers to approve a $1.7 billion tax credit to lure a new petrochemical plant to western Pennsylvania, but some tax experts say that would run counter to sensible tax practices and would be unfair to other businesses.  More »
Exxon Mobil Corp. chairman and chief executive Rex W. Tillerson speaks to reporters during a news conference. (AP file photo/LM Otero)

Exxon’s CEO: Climate, energy fears overblown

ExxonMobil CEO Rex Tillerson says that fears about climate change, drilling, and energy dependence are overblown.  More »
Shareholders have criticized Chesapeake’s board for failing to rein in what they’ve seen as Chief Executive Officer Aubrey McClendon’s risk-taking and overspending at the company. (F. Carter Smith/Bloomberg )

Chesapeake CEO disavowed role in 2008 plunge, sold shares

Chesapeake Energy Corp. (CHK) Chief Executive Officer Aubrey McClendon disavowed any role in the plunge in the company’s stock price in October 2008 after he had sold more than 31 million shares to meet margin calls.  More »
Chevron's Genesis platform is shown in the Gulf of Mexico.  (AP Photo/Mary Altaffer)

Appeals court rejects arguments against new wells

A federal appeals court has rejected arguments by a coalition of environmental groups, who maintain that U.S. regulators failed to thoroughly review the potential dangers of drilling new deep wells in the Gulf of Mexico.  More »
Shell's Kulluk conical drilling unit departs Seattle for Dutch Harbor, Alaska in 2012. (Shell Oil Co.)

Shell’s Arctic-bound drilling units set sail for Alaska

Two of Shell’s drilling rigs are now beginning a long trek to Arctic waters, where they are expected to begin boring five exploratory oil wells this summer.  More »
BP Valhall Platform offshore norway

Norway strikes cost about 15 percent of oil output

A strike by Norwegian energy workers entered its fourth day, pushing up costs to Western Europe’s biggest oil producer.  More »