Fuel Fix

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Enbridge plans dive to investigate possible Gulf pipeline leak

Enbridge Inc. (ENB) is planning a dive to investigate a possible leak on its Stingray natural-gas pipeline in the Gulf of Mexico.  More »
Workers wearing anti-OPEC shirts listen during a State Department hearing on the proposed Keystone XL pipeline in Port Arthur, Texas, on Monday, Sept. 26, 2011. If constructed, the planned pipeline would connect oil sands developments in Canada with refineries in Port Arthur and Houston. Hundreds attended the event to show support of the jobs that the pipeline's construction would bring to the area. (AP Photo/The Enterprise, Guiseppe Barranco)

TransCanada exec says Asian markets an option

A Canadian executive overseeing a plan to build a 1,700-mile oil pipeline from Canada to Texas says Canadian oil producers will look to Asian markets if the U.S. government fails to approve the Keystone XL pipeline project.  More »
Craig Sautner, a resident of Dimock, Pa., holds a jug of contaminated water outside a September EPA meeting on hydraulic fracturing in New York. (Photo: AP/Press & Sun-Bulletin)

Pa. chief to EPA: Let science be guide in Dimock

Pennsylvania’s environmental chief said the U.S. Environmental Protection Agency has only a “rudimentary” understanding of the contamination in Dimock, the northeastern Pennsylvania village where residential water wells were fouled by a gas driller.  More »

Actress Daryl Hannah, center, and others, take part in a demonstration in front of the White House in Washington to protest the Keystone oil pipeline.  (AP Photo/Evan Vucci)

Pressure builds on Obama with looming Keystone deadline

A looming deadline for a decision on the Keystone XL pipeline is ratcheting up political pressure on President Barack Obama, who will anger key supporters regardless of his decision.  More »
An ERCOT worker mans a desk in the Texas electric grid manager's Austin control room. (Photo: ERCOT/Tom Reel)

Texas electricity use on the rise in 2011

Blazing temperatures helped push up electricity use in Texas by 5 percent in 2011, according to a study by the state’s grid operator.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |01.11.12|

Tesoro plans to sell Hawaii refinery. Ford unveils new plug-in. U.K. scientist says fracking won’t cause earthquakes.  More »
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Enterprise extends commitment period for Pennsylvania-Texas pipeline

Enterprise Product Partners is looking for more commitments from shippers for its proposed 1,230-mile Appalachia to Texas pipeline, known as the ATEX Express.  More »
Marathon gas station sign (AP Photo/Gene J. Puskar)

Marathon Petroleum expects net loss for fourth quarter

The refining company, which split from Marathon Oil last year, said rising crude oil prices hurt its profits in the final months of 2011.  More »
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Oil rises on China’s growth in imports

Prices rose after China said oil imports grew 6 percent in December, when compared to a year earlier  More »
Kinder Morgan reported fourth-quarter profits were up, thanks to the country's surging energy production. (photo Kinder Morgan)

Natural gas production drives price down

Increased production of natural gas has driven prices to their lowest in a decade, according to the U.S. Energy Information Administration.  More »
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

ND oil production exceeds 500,000 barrels daily

North Dakota oil drillers have surpassed a milestone of half a million barrels of oil a day.  More »
(AP Photo/Keith Srakocic)

Oil and gas leases on public lands up 20 percent in 2011, feds say

The announcement comes as the Interior Department plans a host of new lease sales in 2012 and mulls regulations that would require disclosure of hydraulic fracturing fluids used on public lands and could boost the 12.5 percent royalty rate.  More »
(Photo: Martin Abegglen/Flickr)

Exports fuel record year for U.S. diesel production

European demand for diesel led to record exports and depleted domestic inventory of distillate fuels by 13 million barrels in the last quarter of 2011, according to a federal report.  More »
Pegasus, the winged red horse icon of Exxon-Mobil, is seen on a gas pump in Ferndale, Mich. (Photo: Carlos Osorio, Associated Press)

Venezuela doesn’t intend to pay more to Exxon

Venezuela’s oil minister said the government doesn’t intend to make additional payments to Exxon Mobil Corp. beyond about $255 million that it agreed to pay in a recent arbitration award.  More »
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Feds say timely answer ahead on Alaska drilling

A top federal official said that the Interior Department is committed to giving Shell Oil Co. a firm answer on its Alaska offshore drilling applications, with plenty of time to spare should the company’s application be approved.  More »