Fuel Fix

Trustees there received a proposal earlier this year to lease cemetery mineral rights for $140,000 plus a percentage of any royalties for any oil and gas, raising a tricky question: Are cemeteries a proper place for drilling? (AP Photo/The Vindicator, Robert K. Yosay)

Gas under cemeteries raises money, moral questions

Loved ones aren’t the only thing buried in the 122-year-old Lowellville Cemetery in eastern Ohio. Deep underground, locked in ancient shale formations, are lucrative quantities of natural gas.  More »
The 2012 Honda Civic Natural Gas car, named Green Car of the Year for 2012, is displayed after its unveiling at press preview day for the Los Angeles Auto Show. Fill 'er up _ with natural gas. High pump prices are encouraging GM and Chrysler to roll out pickups that run on natural gas, which is plentiful and cheap in the U.S..  Here's a look at what models are coming, what's already out there and where to go to fill up. (AP Photo/Reed Saxon, File)

Ala. couple opts for natural gas car

When Jay and Tana Stuman need to fill up their gas tank, they head for the pump in their garage at home, plug it into their Honda Accord and fill’er up with compressed natural gas.  More »
An Iranian oil worker repairs a pipe at an oil refinery in Tehran, Iran. The latest U.S. sanctions to be imposed on Iran have not only unveiled the depth of the country's economic woes, but exposed new fault lines within the government just two months before parliamentary elections that should bolster the control of the ruling clerics. (AP Photo/Vahid Salemi, File)

Iran-oil sanctions risk biggest OPEC export loss since Libya

European Union sanctions on Iran entered into full force yesterday after exemptions on some contracts and insurance ended, adding pressure on crude prices to rise and on the Persian Gulf nation to halt its nuclear- enrichment program.  More »
This drilling rig is working in the South Texas Eagle Ford where EOG Resources had been active.  Photo: Courtesy Photo / HC

EOG Resources gains most in eight months as oil climbs

EOG Resources Inc. (EOG), the largest leaseholder in Texas’ Eagle Ford shale formation, rose the most in almost eight months as oil prices surged.  More »
Oil workers at the West Qurna Phase 2 field in the Basra region of Iraq in 2010.  (AP file photo/Nabil al-Jourani)

Iraq’s oil revenues drop by 17.6 percent in June

Iraq’s oil revenues dropped by 17.6 percent from May to June due to plummeting prices in the international market and the diversion of some production to meet domestic needs, the government said Monday.  More »
Oil pumps work at sunset Monday, Jan. 2, 2012, in the desert oil fields of Sakhir, Bahrain, in the Persian Gulf. (AP Photo/Hasan Jamali)

Iran feels pinch of new EU oil sanctions

As new European Union sanctions targeting Iran’s vital oil industry took effect Sunday, Tehran acknowledged the measures aimed at reining in its disputed nuclear program were taking a toll. The vice president said authorities had stockpiled imported goods and hard currency to help cushion the blow to the economy.  More »
(AP Photo/The News & Observer, Robert Willett)

Perdue vetoes bid to start gas fracking in NC

Gov. Beverly Perdue vetoed legislation Sunday that would allow a form of shale gas exploration called fracking in North Carolina, saying the measure did too little to protect drinking water, landowners and local governments.  More »
In this photo provided by Greenpeace, actress Lucy Lawless, left, joins activists in stopping a Shell-contracted drillship from departing the port of Taranaki, New Zealand, Friday, Feb. 24, 2012. Lawless, a native New Zealander, best known for her title role in "Xena: Warrior Princess," climbed the oil-drilling ship bound for the Arctic to try and stop it from leaving. (AP Photo/Greenpeace, Nigel Marple)

Protests to continue against Shell Arctic drilling

Environmental activists say they’ll find ways to protest Shell’s Arctic drilling, even though a court injunction may cramp their style.  More »
(Photo: Fotolia)

Oil soars as Europe moves to bolster banks

The price of oil climbed after European leaders took unexpectedly aggressive steps to support the region’s beleaguered banking sector.  More »
Welding crews lay pipelines in Texas to move oil and gas extracted from the Eagle Ford Shale to market. (John Davenport/San Antonio Express-News)

Oil is up, but a declining trend could curb shale rush

Although oil prices jumped today after an encouraging European policy decision, a recent trend of declining oil prices could put a damper on rapid shale drilling in the United States, according to analysis from Simmons & Company International.  More »
Neelam Singh and Charudatta Galande work on the battery in their lab. (Jeff Fitlow/Rice University)

Spray-on batteries could be a reality in the future

As Apple and other tech designers seek sleeker and ever-more powerful batteries to power laptops and devices, they’re pushing engineers to create unconventional, more space-efficient batteries.  More »
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

Ackman like Buffett buoyed by fracking in Bakken

Bill Ackman, the largest investor in Canadian Pacific Railway Ltd. (CP), is following Warren Buffett in profiting from growing oil and gas production in North America’s Bakken shale.  More »