Fuel Fix

(Daniel Acker/Bloomberg)

Wyoming oilmen diversify to survive the bust

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Casper businesses were the hub for Wyoming’s oilfields during the boom years. Today, they are rewriting business plans, reassigning machines for jobs outside the oil patch and experimenting with new product lines.

Wyoming oilmen diversify to survive the bust

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(Daniel Acker/Bloomberg)
Casper businesses were the hub for Wyoming’s oilfields during the boom years. Today, they are rewriting business plans, reassigning machines for jobs outside the oil patch and experimenting with new product lines.
Anadarko Petroleum Corporation CEO Al Walker. (Nick de la Torre / Houston Chronicle)

Anadarko Petroleum cuts dividend 81 percent

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The cut will save the company $450 million annually.
Photo:  www.wktv.com

Commentary: “Holy Frac, My Brakes Aren’t Working!”

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Well, after posting last week’s article on celebrities and fracing, I’ve come to the conclusion that the key to getting traction with the readers of “Building Hydrocarbon Bonds” is…dropping Zooey Deschanel’s name (or maybe it was making her picture the article thumbnail).  Ironically, my article advocating for people not to pay attention only to celebrity […]
A gas station attendant pumps gas, in Portland, Ore.  (AP Photo/Rick Bowmer, File)

Commentary: Controlling our own destiny on gas prices

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America is on track to take more long-term control over its destiny with gasoline prices, as we continue to realize the benefits of increased domestic oil and natural gas production.
Talisman Energy Inc. explores for shale gas in the middle of muddy fields in Poland.  (AP Photo/Czarek Sokolowski)

Chevron to promote shale drilling in Europe

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Chevron Corp. (CVX) is betting it can win over eastern Europeans with the idea of energy independence even after dry wells and government delays led Exxon Mobil Corp. and Talisman Energy Inc. (TLM) to scrap efforts to tap natural gas deposits in Polish shale.
Categories: General
(Image: Fotolia)

Weak China data, falling U.S. stocks push oil lower

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Benchmark crude dropped 1.7 percent to close at $105.39 a barrel.
Categories: Crude oil, Markets

Drumbeat: July 24, 2013

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Fed Criticized on Oversight of Bank-Owned Commodity Units
The Federal Reserve faces new pressure to explain why it lets banks trade raw materials and control supplies after congressional witnesses said regulators can’t really grasp what lenders are d…
Categories: Uncategorized

Nothing New Under the Sun or Who’s to Blame for High Gasoline Prices

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When gasoline prices go up so does the level of agitation on Capitol Hill.  It is as predictable as sunrise. Last week, the Senate Energy and Natural Resources Committee held a hearing, ostensibly, to find out why gasoline prices are rising when domestic oil production has reached levels not seen in 20 years.  It would […]
Categories: General
Protesters from the Michigan Coalition Against Tar Sands (MICATS) group gather at a Enbridge pipleline construction site near Stockbridge, Mich., Monday July 22, 2013. Authorities say they've arrested 12 people protesting the Michigan oil pipeline project. (AP Photo/Lansing State Journal, Rod Sanford)

4 face felony charges after oil pipeline protest

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Four people are facing felony charges following arrests at a protest seeking to block a Michigan oil pipeline project.
Categories: Environment, Pipelines
Burnt buildings are seen following a train derailment causing explosions of railway cars carrying crude oil Sunday, July 7, 2013 in Lac Megantic, Quebec. (AP Photo/The Canadian Press, Paul Chiasson

Canada toughens train rules after deadly disaster

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Canadian transportation authorities banned one-man crews for trains with dangerous goods Tuesday, responding to calls for tougher regulations after an oil train derailment in Quebec killed 47 people.
Categories: Accidents, Canada
handshake  behind a corporative building.Great for any design.

Genesis Energy to buy tug, barge business for $230 million

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Houston’s Genesis Energy is buying nine barges and tugs for $230 million.
A boat of tourists moves on Dubai creek, with the city skyline in the background in Dubai, United Arab Emirates. (AP file photo/Kamran Jebreili)

Abu Dhabi boosts oil output in $40 billion plan

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Abu Dhabi National Oil Co. is pumping about 1.5 million barrels of crude a day from its main onshore fields and is halfway through a planned $40 billion investment plan, company officials said.
Categories: Middle East
(AP file photo/Rick Bowmer)

Environmentalists call Kansas coal plant ‘wishful thinking’

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Opponents of a coal-fired power plant planned for southwest Kansas said Tuesday that developers of the nearly decade-old project still face obstacles in completing the work despite legislation approved by the U.S. House.
Categories: Coal
This photo released by the Bureau of Safety and Environmental Enforcement shows natural gas spewing from the Hercules 265 drilling rig in the Gulf of Mexico off the coast of Louisiana, Tuesday, July 23, 2013. No injuries were reported in the midmorning blowout and there was no fire as of Tuesday evening at the site, about 55 miles off the Louisiana coast in the Gulf of Mexico. (AP Photo/Bureau of Safety and Environmental Enforcement)

Gulf rig partially collapses after leaking well ignites fire

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The blowout preventer may have ignited a fire from Walter Oil & Gas’ uncontrolled natural gas well in the Gulf of Mexico, causing its production platform to collapse this morning, federal authorities reported.
Categories: General