Fuel Fix

(AP Photo/Keith Srakocic)

Fracking in Kan. pushes water permits to new high

While sections of Kansas dealt with drought in 2011, oil exploration companies pushed into the state to drill for oil and gas using horizontal hydraulic fracturing, a drilling method that relies on water.  More »
A drilling rig in Pavillion, Wyo., used to drill a deep water well for testing. (Photo: EPA).

Senators: Raise bar for Wyo. frack study review

Ten Republican senators have asked the U.S. Environmental Protection Agency to subject a draft report that theorizes a link between hydraulic fracturing and groundwater pollution in a Wyoming gas field to a more rigorous level of scientific review than currently planned.  More »
An Iranian oil worker repairs a pipe at an oil refinery in Tehran, Iran. The latest U.S. sanctions to be imposed on Iran have not only unveiled the depth of the country's economic woes, but exposed new fault lines within the government just two months before parliamentary elections that should bolster the control of the ruling clerics. (AP Photo/Vahid Salemi, File)

EU set to adopt ban on importing Iranian oil

European Union nations agreed today on an oil embargo against Iran as part of sanctions meant to pressure the country to resume talks on its nuclear program.  More »

The corporate logo at Apache Corp. headquarters in Houston. (AP file photo/Pat Sullivan)

Apache buying Cordillera Energy in $2.85B deal

Oil and gas producer Apache Corp. is buying privately held Cordillera Energy Partners III LLC in a cash-and-stock deal valued at $2.85 billion.  More »
(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 »