Gas prices may drop 50 cents by summer
After rocketing up 91 cents since January, including 44 straight days of increases, the national average this past week stopped just shy of $4 a gallon and has retreated to under $3.98. A steady decline is expected to follow. More »
In the dark, death traveled one mile in 20 seconds
A random event set off the Alaska avalanche that ended the life of Houston energy-company manager and mountain climber Chris Lackey. More »
UT team will take close look at fracking
The project, to be announced Monday, will combine an independent assessment of alleged groundwater contamination and seismic events some have attributed to fracking shale formations with a detailed analysis of the scope and effectiveness of laws and regulations. More »
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Plains says poor excavation may have caused pipeline break
Plains Midstream Canada said that a pipeline spill April 29 in northern Alberta may have resulted from stress after surrounding ground was improperly excavated last year. More »
Attorney General to monitor whether drop in oil prices is passed along to consumers
The feds will coordinate with state attorneys general to see if gas stations lower their prices as quickly as they raised them during the speculation-fed run-up in crude oil prices over recent months, the White House says. More »
BP wants investor claims tossed
BP wants a judge to throw out investor claims that management downplayed safety risks before and after its Macondo oil well blew out. More »
U.S. rig count is up again
The number of rigs actively exploring for oil and natural gas in the U.S. jumped for the second straight week by 18 to reach 1,836.
More »
Oil closes down again, gasoline could soon follow
You probably won’t see a change at the gas station this weekend. But relief could come soon because oil prices fell 15 percent this week, the steepest decline in two and a half years. Oil hit a two-year high of $114.83 in Monday trading. It closed Friday at $97.18. More »
Yergin, A&M prof, environmentalist on new DOE frac study panel
The Department of Energy is creating a panel to look for ways to make sure hydraulic fracturing is done as safe as possible. Critics say it’s just a waste of taxpayer money since the EPA is already doing a study of fracking. More »
EPA fines three companies for bad gasoline
Environmental Protection Agency officials fined Western Convenience, Offen Petroleum and Houston-based Rocky Mountain Pipeline System $2.5 million and contend the firms mixed certified gasoline with ethanol and a gasoline byproduct from natural gas production. More »
Noble sues Marathon over canceled $752M deal
Marathon canceled the contract for the Jim Day in January, saying Noble failed to meet the criteria needed for Marathon to accept the deep-water rig by the deadline of Dec. 31, 2010. (Via Reuters) More »
Cheniere faces cash shortage
The Houston-based LNG importer has lost money for 13 consecutive years. Cheniere may have to sell assets and restructure debt to avoid running out of cash as soon as next year. More »
April 26, 2013
Loading ...- The award-winning team behind FuelFix.com:
Jennifer A. Dlouhy
policy reporter
Laura Goldberg
business editor
Jeannie Kever
energy reporter
Don Mason
assistant business editor
Dan McGraw
web producer
Emily Pickrell
energy reporter
Simone Sebastian
assistant editor, FuelFix
Zain Shauk
energy reporter
Harry R. Weber
energy reporter
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