Fuel Fix

(Associated Press)

Democrats: New EPA rule could create more jobs than Keystone XL

Democrats argued Wednesday that more jobs could be created as a result of a new Environmental Protection Agency rule than those created by the controversial Keystone XL pipeline.  More »
(AP Photo/Seth Casteel)

Opinion: Fracking’s toll on pets, livestock chills farmers

Smelling gas one morning, a southern Pennsylvania farmer almost passed out when he went outside to check on his bellowing cows.  More »
The Deepwater Horizon oil rig burns on April 21, 2010 after an explosion in the Gulf of Mexico. (AP file photo/Gerald Herbert)

BP said to seek settlement of spill claims

BP Plc (BP/) is negotiating with U.S. officials to settle pollution claims over the 2010 Gulf of Mexico oil spill that may leave the company liable for as much as $17.6 billion in fines, a person familiar with the talks said.  More »

(AP Photo/Keith Srakocic)

Erratic U.S. oversight of gas fracking cited by Democrats

Oversight of drilling and hydraulic fracturing for oil and gas on federal land is “erratic and inconsistent” and in a decade led to about $300,000 in fines, according to report released by U.S. House Democrats.  More »
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site. (AP file photo/Ralph Wilson)

Ohio AG seeks tougher drilling laws

Ohio’s top law enforcer is advocating increased environmental sanctions on polluters in the oil and gas industry and required disclosures of the chemicals used in the drilling technique called fracking that would be among the toughest in the nation.  More »
Shell's Arctic-class drill ship, the Kulluk, is shown as it is towed near Alaska. Shell is moving the Kulluk drilling unit from Dutch Harbor, Alaska, to a Seattle shipyard for ongoing maintenance and planned, technical upgrades. (Photo courtesy of Shell Oil Co.)

Point Thomson lease case on tap for Supreme Court

Alaska’s procedures for dealing with companies that buy oil leases but don’t develop them were debated Wednesday in a case before the state Supreme Court.  More »
Oil swirls in a small eddy in a back channel of the Yellowstone River near Laurel, Mont., in 2011.   (AP Photo/Julie Jacobson,File)

Feds: Few pipeline plans account for river risks

Federal officials investigating a pipeline break that spilled 1,500 barrels of oil into a Montana river said Wednesday that few companies take river erosion and other risks into account when evaluating pipeline safety.  More »
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa. (AP Photo/Ralph Wilson, File)

Energy firm has new wastewater plan for Ohio wells

An energy company has announced a new system for treating wastewater from gas wells in eastern Ohio, where a natural gas boom is underway.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |02.09.12|

BP said to seek settlement of spill claims. Texas’ electric capacity under scrutiny. And a UT professor explains how fracking, drilling and earthquakes are link.  More »
(Photo: Fotolia)

EOG channels Enron roots while outperforming Chesapeake

EOG Resources Inc., the fourth quarter’s best-performing U.S. shale producer, plans to get a record 75 percent of its North American revenue from higher- profit petroleum liquids this year as natural-gas prices tumble, branching faster into oil than Chesapeake Energy Corp.  More »
A Chief Oil and Gas, LLC natural gas rig is seen in Mifflin Township, Pa. (Photo: Bloomberg News)

Major gas drilling bill awaits signature in Pennsylvania

Democrats weren’t included in negotiations and were strongly critical of provisions to limit the ability of municipalities to control drilling activity.  More »
(Image: Fotolia)

Repsol YPF ups Argentine shale potential

Repsol YPF its estimate for potentially recoverable oil and gas in its part of Argentina’s “Vaca Muerta” (Dead Cow) basin to the equivalent of nearly 23 billion barrels.  More »
(Image: Fotolia)

Democrats say federal drilling oversight is lax

The report said the government does little to ensure accountability or protect the environment, even as drilling on federal land has increased in recent years.  More »
THE Texas Department of Transportation and City of Tyler street workers repair a sinkhole Friday. The sinkhole on Front Street, also known as State Highway 31, forced the shutdown of one lane of traffic. (AP Photo/Tyler Morning Telegraph, Tom Worner)

CBO: Oil, gas measures to raise just $2 billion for GOP highway bill

Three GOP measures to expand oil-and-gas production and use the resulting revenues to partially pay for legislation reauthorizing surface-transportation programs would cover only about $2 billion of the roughly $50 billion in needed funding, according to government estimates.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Shareholders want more risk transparency disclosures for hydraulic fracturing

Two shareholder activist groups has filed a list of several environmental transparency disclosures on hydraulic fracturing that they want to see included in energy companies’ proxy statements.  More »