Fuel Fix

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)

Experts deliver another round of Eagle Ford bullishness

The development of the Eagle Ford shale continues to prompt dazzling assessments and predictions from experts, who said at an energy symposium Wednesday that in four years, the oil-rich formation could become the nation’s second-most productive shale play.  More »
Carl Icahn (AP file photo/Mark Lennihan)

Paulson says he likes CVR Energy as Icahn may resell it

John Paulson, the billionaire hedge- fund manager seeking to reverse record losses in 2011, said he likes CVR Energy Inc. (CVI) because the company may be successfully resold by Carl Icahn, who controls the majority of shares.  More »
(AP Photo/Mike Groll, File) As Denton considers fracking ban, the state's oil and gas regulator weighs in, calling the attempt "extremely misguided."

Vt. becomes 1st state to ban hydraulic fracturing

Gov. Peter Shumlin on Wednesday signed into law the nation’s first ban on a hotly debated natural gas drilling technique that involves blasting chemical-laced water deep into the ground.  More »
(Photo: Brian Turner/Flickr)

Gulf Keystone sues blogger for internet posts about share sale

Gulf Keystone Petroleum Ltd. (GKP), which is exploring for oil and natural gas in Kurdistan, sued a man over comments on Internet message boards and Twitter that the company planned to sell shares.  More »
(Image: SunPower)

Solar tariffs make forecasts cloudy for some U.S. companies

Keep an eye out tomorrow for an announcement from the Commerce Department, which is expected to slap tariffs on imports of some Chinese solar products.  More »
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

ND oil tax ‘Legacy Fund’ tops $350M in 9 months

A newly created North Dakota trust fund for oil taxes now has about $353 million.  More »
Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

Oil rises to above $93 as traders mull Europe

Oil prices rose slightly to above $93 a barrel Thursday in Asia as traders mulled whether concern over Europe’s debt crisis justifies extending a sharp two-week sell-off.  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.)

Environmental groups challenge Shell’s Arctic drilling permits

Environmental groups have launched a new legal challenge to Shell Oil Co.’s plans to begin exploratory drilling in Arctic waters near Alaska this summer.  More »
An American Apache gunship shown flying during Operation: Desert Shield. (AP Photo/Scott Applewhite)

House bill aims to curb Pentagon’s power to buy alternative fuels

The White House is threatening to veto a defense spending bill after complaining the measure would limit the military’s ability to power its planes, ships and tanks with alternative fuels.  More »
T. Boone Pickens (Photo: Associated Press)

Pickens sold half-million Chesapeake shares as stock plunged

T. Boone Pickens, the billionaire Texas hedge-fund manager, sold almost half a million shares in Chesapeake Energy during the past six weeks, as the stock fell 24 percent on investor reaction to natural-gas prices and potential management conflicts.  More »
Aubrey McClendon, co-founder of Chesapeake Energy Corp., is pictured during an interview in Oklahoma City, Tuesday, Nov. 8, 2005. (AP Photo)

Chesapeake’s employees may be hit hardest by stock’s plunge

Chesapeake Energy’s employees are paying a high price for the company’s problems. Thousands of the company’s workers have retirement portfolios that are heavily invested in the company’s stock, which has fallen 40 percent in the past two months, Reuters reported.  More »
Shell's new Perdido oil and natural gas platform in the Gulf of Mexico.  ( Melissa Phillip / Houston Chronicle )

Technology can unlock new fields, curb fears of peak oil

Technology advancements in oil and gas production will allow the industry to remain the world’s dominant energy supplier for decades and curb fears that fossil fuels are rapidly running out, a Chevron vice president said today.  More »