Fuel Fix

Chevron's Genesis platform is shown in the Gulf of Mexico.  (AP Photo/Mary Altaffer)

Republicans propose energy cuts while boosting fossil fuels

House Republicans released a fiscal 2013 Energy Department budget plan shifting more money to fossil-fuel programs while cutting total spending to $26.3 billion, about $358 million less than this year.  More »
(AP Photo/Pablo Martinez Monsivais)

Obama wants to target oil market manipulation

Under pressure to take action on rising gasoline prices, President Barack Obama wants Congress to strengthen federal supervision of oil markets, increase penalties for market manipulation and empower regulators to increase the amount of money energy traders are required to put behind their transactions.  More »
A man on a bus holds up a banner reading in Spanish "Today with Cristina we recovered YPF" during a demonstration in support of a bill proposed by Argentina's President Cristina Fernandez outside the government house in Buenos Aires, Argentina, Monday, April 16, 2012. Fernandez on Monday proposed a bill to expropriate 51 percent of the shares of YPF oil company that is controlled by Spain's Repsol, moving ahead with the plan despite fierce opposition from Madrid. (AP Photo/Natacha Pisarenko)

Argentina slammed by Spain, EU for oil takeover

Argentina’s President Cristina Fernandez is attempting to quell increasing unrest at home and boost her popularity with an “unlawful” bid to nationalize YPF, the Argentine oil unit of Spanish energy firm Repsol, the company’s president claimed Tuesday as the company’s shares plunged almost 7 percent.  More »
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(Photo: First Solar)

First Solar lays off 2,000 as Europe demand wanes

First Solar Inc. is laying off 2,000 workers and closing its plant in Frankfurt, Germany, in response to waning demand for solar panels and increased competition from China.  More »
Fire boat response crews battle the blazing remnants of the Deepwater Horizon rig in the Gulf of Mexico in April 2010.  (Photo: HO/AFP/Getty Images)

Investigators say Congress hasn’t changed laws to prevent future spill

Investigators who probed the 2010 Gulf oil spill on Tuesday blasted Congress for failing to pass a single substantive change in laws governing offshore drilling that could help prevent a repeat of the Deepwater Horizon disaster.  More »
A delivery driver connects hoses on a gasoline tanker, prior to replenishing the tanks at a BP station in Pittsburgh. The nationwide average for regular unleaded slipped less than a penny to $3.764 per gallon on Tuesday, March 6,2012. That ended a streak of price hikes that began on Feb. 8.  (AP Photo/Gene J. Puskar)

Heat means drivers will pay more for less gas

Drivers might already feel like they are getting ripped off at the pump, but many drivers are unaware that they are paying more for less gasoline during the summer months.  More »

Mitsubishi, Mitsui back $6 billion Sempra gas terminal

Mitsubishi (8306) Corp. and Mitsui & Co. agreed to help Sempra Energy (SRE) develop a $6 billion natural-gas export facility in Louisiana, as Japan imported record amounts of the fuel.  More »
(AP file photo/Sue Ogrocki)

Valero to report a 1Q loss

Refiner Valero Energy Corp. said Monday that it will report a first-quarter loss as it takes a $605 million charge against earnings, or $1.10 a share, to shutter its unprofitable refinery in Aruba.  More »
A 40-watt-equivalent LED Bulb (Photo: Lighting Science Group Corporation)

Rebates to drop cost of LED bulb to $60

How much would you pay for an amazing, state-of-the-art light bulb? Shoppers will be asking themselves that very question at Home Depot and other outlets starting Sunday —Earth Day— when the bulb that won a $10 million government contest goes on sale.  More »
A boom is used to protect marshland in Terrebonne Parish on the Louisiana coast after the Gulf oil spill in 2010. Photo: Smiley N. Pool / Houston Chronicle

Congress stifles bill to funnel spill fines

A bipartisan push to set aside billions in fines from the BP oil spill for Gulf of Mexico restoration remains stalled in Congress as the disaster’s two-year anniversary nears.  More »
Former Enron CEO Jeff Skilling (AP file photo/David J. Phillip)

High court turns away Skilling appeal

In the matter of Jeff Skilling, the former Enron executive praised for building an innovative energy giant and then vilified for propping it up with bogus accounting, some people think he deserved every day of the 24-year prison sentence he got when convicted of 19 counts of securities fraud and other financial crimes in 2006.  More »
Zero-emission electric cars like the Nissan Leaf, seen here in Tokyo last month, are greener in some parts of the U.S. than in others, largely because of the power plants that keep them running, a new study says. Photo: Itsuo Inouye / AP

When using an electric car, it’s all about location

Electric cars are only as green as the power plants that fuel them.  More »