Fuel Fix

(Photo: BFS Man)

Lawmakers target conflicting environmental, power reliability laws

A bipartisan group of lawmakers including three Texans introduced legislation today that seeks to fix what they view as a legally thorny conflict between environmental and electric reliability laws.  More »
Total headquarters outside Paris. (AP file photo/Jacques Brinon)

Total considers relief well to stem North Sea Elgin gas leak

Total SA is considering drilling a relief well to halt a natural-gas and condensate leak from its Elgin platform in the U.K. North Sea.  More »
This is an undated handout photo issued by Total E&P UK Ltd of Total's Elgin PUQ (Process/Utilities/Quarters)  platform. A two-mile exclusion zone has been set up around the offshore platform in the North Sea which has been evacuated after a gas leak, Tuesday, March 27, 2012. The leak on Total's Elgin PUQ platform, about 150 miles (241km) off the coast of Aberdeen, led to the evacuation of all 238 workers on Sunday. (AP Photo  / TOTAL E&P UK Ltd)

Total says no explosion risk in North Sea gas leak

A flare is still burning on the North Sea offshore platform that has been leaking gas for days, operator Total S.A. said Wednesday, though it claimed there was no threat of an explosion under current weather conditions.  More »
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House Natural Resources Committee chairman Rep. Doc Hastings, R-Wash, leads a committee hearing. (AP Photo/Kevin Wolf)

Oil leaders, GOP allies, downplay administration’s seismic plans

The Obama administration’s announcement that it may allow seismic studies potentially paving the way for offshore drilling along the East Coast is political posturing designed to distract voters concerned about high gasoline prices, oil industry leaders and Republican lawmakers said today.  More »
(Photo courtesy of Shell Oil Co.)

Feds approve Shell’s emergency plans for Arctic wells

Federal officials have approved Shell Oil Co.’s emergency plans for dealing with an oil spill in the Beaufort Sea near Alaska — a major hurdle for the firm to launch exploratory drilling later this year.  More »
(AP Photo/Pablo Martinez Monsivais)

Poll: Most don’t blame Obama on gas prices but do fault his response

Most Americans don’t credit President Obama with causing higher gasoline prices, but they do disapprove of how he’s responding to them, according to a new Reuters/Ipsos poll.  More »
Prices for three grades of gasoline are posted in front of a service station Wednesday, Feb. 22, 2012, in Bellevue, Wash., near Seattle. (AP Photo/Elaine Thompson)

Obama officials rip into GOP gasoline bills

Obama administration officials ripped into GOP proposals to tie Strategic Petroleum Reserve releases to increases in federal oil and gas land leases and require additional analyses of the economic impacts of several oil- and gasoline-related environmental regulations.  More »
CPS Energy President and CEO Doyle Beneby speaks during a press conference where CPS Energy announced agreements with five companies that will relocate their headquarters to San Antonio or open offices here Monday June 20, 2011 at the UTSA Downtown Campus. The five companies are: GreenStar, Consert Inc., SunEdison, Cold Car USA, and Summit Texas Clean Energy. (PHOTO BY EDWARD A. ORNELAS/eaornelas@express-news.net)

Payback policies under review

As CPS Energy’s board cracks down on entertainment expenses, a policy-review committee is scouring a range of policies, including changes to the utility’s rules on reimbursement for meals, travel and entertainment.  More »
The Valero Three Rivers Refinery in Three Rivers, Texas between San Antonio and Corpus Christi refines a lot of oil from the Eagle Ford Shale. (San Antonio Express News/John Davenport)

Texas wins latest round with EPA in federal court

A federal appeals court scolded the U.S. Environmental Protection Agency on Tuesday for rejecting a series of state pollution control projects in Texas that federal regulators said failed to satisfy requirements of the Clean Air Act.  More »
(AP Photo/Hussein Malla)

North Sea leak may deny brent crude relief from Libya’s return

The halt of Total SA (FP)’s Elgin platform in the North Sea after a gas leak may deny the Brent crude market the relief that was set to come with resurgent Libyan oil exports, according to BNP Paribas SA.  More »
Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

Newfield focused on oil after first gas drilling halt

Newfield Exploration Co. (NFX), which received about 70 percent of its output from natural gas in 2010, isn’t drilling for dry gas for the first time in its 24- year history, Chief Executive Officer Lee Boothby said.  More »
An oil pump works near Stanley, N.D. (AP file photo/James MacPherson)

Widow of man killed in ND oil patch files lawsuit

The widow of a man who was killed while working on an oil rig in western North Dakota has filed a wrongful death lawsuit in federal court.  More »
(Image: Fotolia)

Oil falls to near $106 after US crude supply jump

Oil prices fell to near $106 a barrel Wednesday in Asia after a report showed a larger-than-expected jump in U.S. crude supplies, suggesting demand remains weak.  More »
(AP file photo/Bob Edme)

France poised to release strategic oil reserves

France’s government says it is considering releasing oil from its strategic reserves as part of a U.S.-led effort to increase supply to bring down high prices.  More »
Chevron's Genesis platform is shown in the Gulf of Mexico.  (AP Photo/Mary Altaffer)

Obama administration advances plan for research along Atlantic coast

The Obama administration will announce Wednesday that it is advancing a plan to allow new seismic research designed to help identify hidden pockets of oil and gas in Atlantic waters along the East Coast. The move by the Interior Department is the beginning of a long path that could ultimately lead to new offshore drilling along the mid- and south- Atlantic.  More »