Fuel Fix

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FuelFix Newslinks |02.01.12|

Refiners, union reach tentative deal. Is the federal leasing slowdown costing Western energy jobs?  More »
Senate Majority Leader Harry Reid, D-Nev.

Reid maintains opposition to Keystone XL legislation

Senate Majority Leader Harry Reid, D-Nev., told reporters Tuesday he would continue to oppose legislation that approves the Keystone XL pipeline because some of the oil could leave the U.S.  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)

GOP unveils bill tying drilling royalties to highway funding

House Republicans on Tuesday unveiled a five-year infrastructure bill that is already coming under heavy fire for expanding oil-and-gas production and using resulting royalties to pay for some of its costs.  More »

(Image: Fotolia)

Missouri governor backs plans for new oil pipeline

The governor pledged that his administration would work smoothly to provide whatever state permits are necessary.  More »
(AP Photo/Keith Srakocic)

Natural gas price drops on supplies, weak demand

The Energy Information Administration said Monday that natural gas production in the lower 48 states totaled 72.61 billion cubic feet per day in November, up 2.4 percent from October.  More »
The Seaway Crude Oil Pipeline Co.'s expanded pipeline will carry oil from Cushing, Okla., to refineries along the Gulf Coast. (Photo: LyondellBasell)

Tentative deal reached for refinery contract

Just before 8 pm, the United Steelworkers Union said it had reached a tentative deal with Shell, which took the lead for the industry in the talks  More »
The Valero Three Rivers Refinery in Three Rivers, Texas between San Antonio and Corpus Christi refines a lot of oil from the Eagle Ford shale. (Photo: John Davenport, San Antonio Express-News)

Valero’s 4Q income falls

Valero Energy Corp. said its fourth-quarter results were constrained by lower margins for gasoline and petrochemical feedstocks, even as two refineries the company purchased helped boost production and revenue.  More »
Workers wait for the all clear early Tuesday, Jan 31, 2012, in the parking lot following a reported explosion and fire at the Southern Power biomass generating plant in Sacul, Texas. Two workers were reported injured and transported to area hospitals in critical condition. (AP Photo/The Daily Sentinel, Andrew D. Brosig) MANDATORY CREDIT

2 men hurt in East Texas biomass plant accident

Emergency personnel say two workers have been critically hurt in an apparent electrical explosion and brief fire at a biomass power plant in East Texas.  More »
The mobile offshore drilling unit Development Driller III at the Deepwater Horizon site on May 7, 2010. (U.S. Coast Guard file photo)

BP must indemnify Halliburton for Gulf oil spill

BP Plc must indemnify Halliburton Co. for damages stemming from the 2010 Gulf of Mexico oil spill.  More »
Protesters of the proposed Keystone XL oil pipeline at a rally in Washington, D.C. (Puneet Kollipara / the Houston Chronicle)

Analyst: Permit denial’s impact ‘minimal’ if Keystone OK’d in 2013

The Obama administration’s denial of a permit wouldn’t have much impact on future U.S. crude imports from Canada if a new application can be approved by 2013, an energy analyst told Congress. But he added the permit’s denial nonetheless raises uncertainty about U.S. and Canadian supply growth.  More »

Gasoline prices on the rise as refineries close

Gasoline prices are rising steadily across the United States, but a third East Coast refinery closure could set up higher prices later this year.  More »
Natural gas drilling in the United States has led to far cheaper prices here than in Asia. Photo: Matt Nager / HC

Forecasting the future of natural gas

What’s ahead for U.S. natural gas? What potential does this energy resource hold and what challenges are likely?  More »
Pegasus, the winged red horse icon of Exxon-Mobil, is seen on a gas pump in Ferndale, Mich. (Photo: Carlos Osorio, Associated Press)

Exxon revises natural gas strategy with 2 percent profits in Q4

Exxon Mobil Corp.’s fourth-quarter profit rose 2 percent as higher oil prices made up for a drop in production.  More »
Shell's Deer Park refinery is one of the facilities affected by negotiations with the United Steelworkers International. Nationwide contract talks cover 30,000 refinery and chemical workers - including 4,600 in the Houston area. Photo: James Nielsen / Houston Chronicle

Refiners, unions prepare for strike as contract deadline looms

Union officials are drawing up strike rosters while refineries prepare for possible shutdowns as a Wednesday deadline looms on nationwide contract talks covering 30,000 refinery and chemical workers – including 4,600 in the Houston area.  More »
The Deepwater Horizon oil rig burns on April 21, 2010 after an explosion in the Gulf of Mexico. (AP file photo/Gerald Herbert)

With trial pending, BP asks judge to cull experts

With a trial over the Gulf of Mexico oil spill looming, BP PLC is asking a federal judge to block two plaintiffs’ experts from testifying about an alleged disregard for safety throughout the energy company that those experts say led to the nation’s largest offshore oil spill.  More »