Fuel Fix

(Jordan Blum/Houston Chronicle)

Getting a glimpse of Exxon Mobil’s new campus

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The complex resembles a modern college campus with plenty of landscaping, about 20 buildings, three large parking garages, a wellness center and more.

Getting a glimpse of Exxon Mobil’s new campus

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(Jordan Blum/Houston Chronicle)
The complex resembles a modern college campus with plenty of landscaping, about 20 buildings, three large parking garages, a wellness center and more.
The shadows of  workers in the Permian Basin on February 5, 2015 in Mentone, Texas. (Photo by Spencer Platt/Getty Images)

Oil industry needs half a trillion dollars to endure price slump

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If oil stays at about $40 a barrel, the shakeout could be profound.

Crewmen work a site for TransCanada's Keystone XL project in Wood County, Texas. (Cody Duty / Houston Chronicle)

Commentary: Keystone XL — the cost of politics and illusion

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As more time has gone by and more analyses completed, it is absolutely clear that Keystone has been driven by politics and bogus claims. Not science or the national interest.
Categories: Keystone XL
A gas station attendant pumps gas, in Portland, Ore.  (AP Photo/Rick Bowmer, File)

Fuel prices to rise as spring approaches

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AAA offered good news and bad news for motorists in a new fuel price forecast released Thursday. The bad: drivers will likely start paying more for gasoline soon, as refiners prepare for annual spring maintenance. The good: gas prices will probably be slightly lower this year than they were in 2013.
Categories: Gasoline, Refining
(Photo: Fotolia)

Oil gains on positive labor report

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Natural gas prices were volatile again,
Energy Secretary Ernest Moniz, along with Mayor Julian Castro speak with Madison High School students in San Antonio about their solar car initiative.  (Photo: Helen L. Montoya/San Antonio Express News)

Moniz declines to comment on oil exports

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During a visit to San Antonio Thursday, Energy Secretary Ernest Moniz said President Barack Obama’s push for use of all energy sources — his “all of the above” energy policy — is the best solution to meet the nation’s power needs.
tesoro

Net income drops at Tesoro Logistics

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Tesoro Logistics LP reported fourth-quarter net income of $7.4 million, or 33 cents a unit, compared with net income of $15.7 million, or 53 cents a unit, for the same period a year ago.
(Bill Montgomery photo/Houston Chronicle)

Studies prove Texas grid is healthy, commissioner says

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Texas has the needed generation to keep its grid reliable for years, despite efforts to revamp the state’s power market, a chief regulator said in a Wednesday memo to leaders of the Public Utility Commission.
Categories: Electricity
Barton and Burgess

Republicans defend Keystone XL approach

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House Republicans on Thursday defended their party’s decision not to tie Keystone XL to legislation increasing the nation’s debt limit. Rep. Joe Barton, R-Texas, said he expects final presidential approval later this year.