Fuel Fix

(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |01.23.12|

Chesapeake Energy plans to cut back output due to dropping price. Will President Obama feel a backlash to Keystone decision? Halliburton see a 50 percent jump in profit.  More »

Report: OPEC wants to stay out of Iran-West spat

OPEC’s acting president said the producer group should stay out of political battles, Iran’s official IRNA news agency reported Sunday, an apparent bid by the bloc to steer clear of a potential showdown between Tehran and the U.S. over threats to close the vital Strait of Hormuz.  More »
(AP Photo/Ed Andrieski)

Drilling advances prompt escalating fight in Colo.

New technology is putting oil and gas drills closer to populated areas than ever before — creating tension in Colorado over who regulates where drilling can and can’t be done.  More »

Members of the Iran Navy participate in a 2011 drill in the Sea of Oman. (AP Photo/International Iran Photo Agency, Ali Mohammadi)

Lawmaker: Closing Strait of Hormuz is Iran’s right

A senior Iranian lawmaker says his country has the right to shutter the strategic Strait of Hormuz in retaliation for oil sanctions on Tehran.  More »
BP workers search for tar balls from the Deepwater Horizon oil spill on Horn Island in the Mississippi Sound out from Pascagoula, Miss. in January 2011. (AP Photo/The Sun Herald, James Edward Bates)

Judge denies BP request to penalize Halliburton

BP did not prove that it had been “prejudiced” by Halliburton’s actions, a judge ruled Friday.  More »
A Chevrolet Volt undergoes a quality inspection on the production line at a General Motors assembly plant in Michigan on Nov. 30, 2010. (AP file photo/Paul Sancya)

Government closes Volt probe, says car is safe

The National Highway Traffic Safety Administration said Friday that it’s closing the probe and believes the Volt and other electric cars don’t pose a greater risk of fire than gas-powered vehicles.  More »
(Associated Press)

Sierra Club attacks GOP candidates by showing them as sock puppets

A new Sierra Club video attacks Republican presidential candidates as sticking up for polluting companies, portraying them as puppets.  More »
(Image: Fotolia)

Oil at one-month low on China manufacturing, Europe debt

Crude for February delivery dropped $1.93 to $98.46 a barrel on the New York Mercantile Exchange.  More »
Luminant's Big Brown coal power plant (AP photo)

EPA air chief believes cross-state rule will prevail in court

The EPA’s air chief expressed confidence that the Cross-State Air Pollution Rule will survive a court challenge from several states and utilities including Texas and Dallas-based Luminant Generation Co.  More »
Demonstrators for and against the Keystone XL pipeline gather in Lincoln, Neb., before a public hearing on the project. (AP Photo/Nati Harnik)

Republicans’ plan could bypass Obama for Keystone XL approval

House Energy and Commerce Chairman Fred Upton said he hopes to take the decision about the Keystone XL pipeline out of President Barack Obama’s hand, and the pipeline may be attached again to the payroll tax holiday.  More »
A Mountain Ridge Drilling rig of Daugherty Petroleum -- which works 24 hours a day, seven days a week -- is pictured 26 October 2005 in the Appalachian Mountains of eastern Kentucky.  Most of the 900 or so wells drilled in Kentucky this year won't produce more than a barrel or two of oil a day, but with prices topping USD 60 a barrel, those little wells are pulling in big profits, especially when they also pump natural gas.   AFP PHOTO/JEFF HAYNES  (Photo: JEFF HAYNES/AFP/Getty Images)

Natural gas company suspends drilling in east Ky.

A natural gas company has suspended all new drilling operations in an eastern Kentucky county, saying falling prices for the commodity forced the move.  More »
A drilling rig aims for oil in the Bakken Shale near Watford City, N.D. (AP Photo/James MacPherson)

More ND oil will be railed with no US pipeline

State and industry officials say North Dakota oil drillers increasingly will rely on trains to move barrels of crude to market with the Obama administration’s decision to reject plans for the planned Keystone XL pipeline from Canada to the U.S. Gulf Coast.  More »
Demonstrators hold up signs in front of the White House in Washington, Friday, Sept. 2, 2011, to protest the Keystone XL Pipeline project in the US, and the Tar Sands Development in Alberta Canada. (AP Photo/Luis M. Alvarez)

Canadian columnist says blame TransCanada for Keystone denial

There has been a lot of finger pointing since President Barack Obama formally rejected the Keystone XL pipeline, but Calgary Herald columnist Licia Corbella said TransCanada should get some of the blame.  More »
(Photo, quinn.anya, Flickr)

Anyone want a Keystone?

Keystone seems to be on everyone’s minds this week, but for some, the name conjures up a few different thoughts.  More »
(photo: KSAT News)

3 hurt in fiery well site explosion near Pearsall

Authorities say three workers have been injured in a fiery explosion at a South Texas well site that destroyed an oil tank.  More »