Fuel Fix

Gas station employee changes the price in California. (Paul Sakuma/Associated Press)

Climate law could raise gas prices, lobbyists say

California regulations designed to fight global warming could force half of the state’s refineries to close, trigger fuel shortages and add $2.70 per gallon to the cost of gasoline, according to a study released Tuesday by an oil industry lobbying group.  More »
Sand flows at a Chesapeake Energy well near Carrizo Springs in the Eagle Ford Shale. (Photo: John Davenport/San Antonio Express-News)

Sand storage plant set for S.A.

The nation’s second-largest producer of sand is teaming with BNSF Railway Co. to build a sand storage plant in San Antonio that will serve clients in the Eagle Ford Shale, the companies’ officials said.  More »
Shareholders have criticized Chesapeake’s board for failing to rein in what they’ve seen as Chief Executive Officer Aubrey McClendon’s risk-taking and overspending at the company. (F. Carter Smith/Bloomberg )

Chesapeake hired lawyer with stealth record in CEO probes

The lawyer Chesapeake Energy Corp.’s (CHK) audit committee hired to investigate possible conflicts of interest in its chief executive’s loans has a record of managing probes with minimum publicity about himself or his client.  More »
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OPEC pledge means record tanker cargoes reversing rout

OPEC’s pledge to maintain production quotas will sustain a record supply of oil cargoes in the Persian Gulf, giving ship owners the confidence to demand more money after charter rates plunged 76 percent in 11 weeks.  More »
A worker walks through pipes connecting storage tanks and pumps in the hydraulic fracturing process. (AP Photo/Keith Srakocic, File)

Republicans press White House to explain natural gas task force

Congressional Republicans are pressing the Obama administration to say whether a new interagency task force focused on natural gas drilling will push new federal regulations on top of existing state mandates.  More »
Pennsylvania Gov. Tom Corbett . (AP Photo/John Heller)

Pa. refinery tax credit to get lawmakers’ scrutiny

Gov. Tom Corbett’s proposed tax break of up to $1.7 billion to lure an integrated petrochemical industry to Pennsylvania will get scrutiny in the coming days by state lawmakers eager to ensure that taxpayers get a return on their money and question whether that amount of money is really necessary.  More »
(AP file photo/Alastair Grant)

Pipe failure caused Feb. fire at Wash. BP refinery

BP says the Feb. 17 fire that shut down its Cherry Point oil refinery in Washington state near Ferndale was caused by a pipe failure in the crude processing unit.  More »
Honda Fit EV. (Photo: Honda)

Honda to recycle rare earths to be green

Honda Motor Co. said Wednesday it will start recycling rare earths and other key materials in hybrid auto batteries this year — a key innovation in the Japanese automaker’s effort to be green.  More »
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TNT’s ‘Dallas’ offers modern spin on energy debate

Dallas captivated audiences about a backstabbing family driven and fuel by the booming Texas oil business, but a modern take on the classic soap opera takes a more contemporary view on energy.  More »
A natural gas drilling site in the Barnett Shale. (AP file photo/Donna McWilliam)

Chesapeake to cut 70 North Texas jobs

Chesapeake Energy Corp. said Tuesday it will eliminate 70 jobs from its North Texas workforce as it cuts back on natural gas drilling operations there.  More »
Photo: Courtesy SolFocus

Solar power could have saved $520 million last summer, study says

If Texas used more solar energy last summer, electricity customers could have spent a total of 10 percent less on power, according to a hypothetical analysis released today.  More »
Photo: Timothy A. Clary/AFP/Getty Images

Gulf drilling auction expected to net high bids

Federal officials will unseal nearly 600 secret bids for offshore oil and gas leases on Wednesday, during the first auction of drilling rights in the central Gulf of Mexico since the Deepwater Horizon disaster. Pent-up demand for the acreage, big discoveries in the region recently and high oil prices earlier this year are all expected to contribute to a robust sale.  More »