FuelFix Newslinks |05.16.11|
Shale contrarian speaks up, lots of fracking noise, relief for gas-price angst. More »
Mississippi River flooding threatens 2,200 Louisiana wells
Nine of the 125 gates at Louisiana’s Morganza floodway opened yesterday, allowing the muddy Mississippi to pour into the Atchafalaya River basin and putting at risk about 10 percent of Louisiana’s onshore oil and gas wells as part of a strategy to save industrial areas that include an Exxon Mobil refinery. More »
Rising airfares for summer are grounding some travelers
A recent search for a flight from Newark to London uncovered a $300 fare — plus a fuel surcharge of $350. Fees like these plus higher ticket prices are driving consumers to scour travel sites in search of deals, but many aren’t clicking the buy button. More »
Find a Better Job with 
Job Seekers
User Toolkit
Career Tools
Career Advice
Libya’s oil giant turns off the pump until the fighting stops
Libya’s biggest petroleum company says it will not produce oil until the war ends, and that probably applies to the entire country. The decision came after rocket attacks April 4 badly damaged a pumping station and production facilities. More »
Petrobras first-quarter profit beats estimates on crude prices, output
Net income rose to 10.99 billion reais ($6.72 billion) from 7.73 billion reais in the year earlier period, the Brazil’s state-controled oil giant said. More »
With gas costs high, Obama administration to speed oil production
Amid growing public unhappiness over gas prices, President Barack Obama is directing his administration to ramp up U.S. oil production by extending existing leases in the Gulf of Mexico and off Alaska’s coast and holding more frequent lease sales in a federal petroleum reserve in Alaska. More »
Gasoline nears $4, but relief may be down road
The driving boom that usually starts with the summer travel season typically would push prices even higher. But drivers are already resisting at the pump, and that declining demand should put downward pressure on gasoline prices. More »
Transocean shareholders OK $1 billion dividend
Shareholders of Transocean approved a $1 billion dividend on Friday and rejected a company-backed plan to discharge directors and executives for liability stemming from last year’s Gulf of Mexico oil spill. More »
Q&A: Consultant says shale overheating
The shale boom has invigorated U.S. natural gas production during the last decade. But contrarians like Neal Anderson, global head of consulting for research firm Wood Mackenzie, are saying the unconventional energy source isn’t the golden egg it seems to be. More »
U.S. rig count drops by 6
Of the major oil- and gas-producing states, New Mexico gained two rigs while Alaska, North Dakota, Texas and West Virginia each gained one. Arkansas, Oklahoma and Pennsylvania each lost two rigs and Louisiana lost one. More »
Oil rises on lingering refinery concerns
Benchmark crude settled at $99.65 per barrel on Friday, pushed up by concerns that refineries in the Southeast may be affected by Mississippi River flooding. More »
Exxon shuts oil pipeline segments on Mississippi flood risk
The company is closing two 12-inch segments of its North Line System north of Baton Rouge, La., and a 16-inch pipeline on its Southwest Line west of Anchorage to reduce risk of damage from flood waters. More »
April 26, 2013
Loading ...- The award-winning team behind FuelFix.com:
Jennifer A. Dlouhy
policy reporter
Laura Goldberg
business editor
Jeannie Kever
energy reporter
Don Mason
assistant business editor
Dan McGraw
web producer
Emily Pickrell
energy reporter
Simone Sebastian
assistant editor, FuelFix
Zain Shauk
energy reporter
Harry R. Weber
energy reporter
Follow Us:
© 2013 Hearst Communications Inc.