Fuel Fix

In this Aug. 4, 2015 file photo, Gov. Mary Fallin talks with the media after meeting with members of the Coordinating Council on Seismic Activity in Oklahoma City. With both the number and power of earthquakes increasing in Oklahoma, the Republican-controlled Legislature may be ready to take steps aimed at curbing the quakes scientists have linked to the underground disposal of oil and gas wastewater. (AP Photo/Sue Ogrocki, File)

Uptick in quakes could prompt action from Oklahoma lawmakers

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Categories: featured, General
According to the U.S. Geological Survey, Oklahoma this year has already had more than 90 earthquakes of magnitude 3.0 or greater, which is generally when most people start to feel them.

Uptick in quakes could prompt action from Oklahoma lawmakers

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Categories: featured, General
In this Aug. 4, 2015 file photo, Gov. Mary Fallin talks with the media after meeting with members of the Coordinating Council on Seismic Activity in Oklahoma City. With both the number and power of earthquakes increasing in Oklahoma, the Republican-controlled Legislature may be ready to take steps aimed at curbing the quakes scientists have linked to the underground disposal of oil and gas wastewater. (AP Photo/Sue Ogrocki, File)
According to the U.S. Geological Survey, Oklahoma this year has already had more than 90 earthquakes of magnitude 3.0 or greater, which is generally when most people start to feel them.
Motorists refuel at a Mobil gas station in Pittsfield, Mass., where regular gasoline is for sale at $1.99 per gallon, Tuesday Sept. 29, 2015. (Ben Garver/The Berkshire Eagle via AP) BERKSHIRE COURIER OUT, GREAT BARRINGTON RECORD OUT, RURAL INTELLIGENCER OUT, BERKSHIRES OUT; MANDATORY CREDIT

Obama: Cheap gasoline prices drove oil tax decision

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The proposal faces an uphill battle in the Republican-led Congress, which has repeatedly pushed back against the president’s climate change initiatives.
Categories: Crude oil, featured, Gasoline

(Cody Duty / Houston Chronicle)

Keystone XL foes turn focus to local government

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Frustrated with state and federal officials, opponents of the Keystone XL pipeline are turning to low-level county commissions and zoning boards in a new attempt to slow a project that has become a focal point of national battle over climate change.
Categories: Environment, Keystone XL
Former FBI Director Louis Freeh.  (Associated Press)

Former FBI director to probe Gulf spill claims administrator’s office

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Former FBI Director Louis Freeh will investigate whether there have been ethical violations or other misconduct committed by staff for the claims administrator who is paying out money from BP’s Gulf oil spill victims’ settlement.
Categories: Gulf oil spill
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Gasoline prices falling ahead of July 4

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Gasoline prices have fallen to a five-month low in advance of the busy July 4 travel weekend, but pump prices on Independence Day will still be the third highest recorded on the holiday, AAA said Tuesday.
Solar panels are installed in Arlington, Ariz.  (AP Photo/Ross D. Franklin, File)

Apple to build solar plant to power data center

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Technology giant Apple Inc. will pay for construction of an 18-megawatt photovoltaic solar plant in northern Nevada.
Categories: General
(Image: Fotolia)

Court rejects SEC rule on oil company payments

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A federal judge handed the oil industry a big win on Tuesday, by tossing out a new financial disclosure rule that would require companies to reveal what they pay foreign governments in exchange for mineral rights.
Categories: General, Legal issues
(StockMonkeys.com)

FMC hires Citigroup to manage sale of hydrogen-peroxide business

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FMC Corp. hired Citigroup Inc. to find a buyer for its hydrogen-peroxide unit as the U.S. chemicals producer plans to simplify its business and accelerate a share-buyback program.
Categories: Chemicals

London mayor wants… hydraulic fracturing?

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Could London open its doors to hydraulic fracturing? London Mayor Boris Johnson said fracking, the process of pumping water, sand and chemicals at high pressure to break open dense shale, could help meet London’s energy demands. “If reserves of shale can be exploited in London we should leave no stone unturned, or unfracked, in the  
Categories: Uncategorized
The sun sets on a drilling rig in Frio County, Texas, Sunday, Jan. 20, 2013. (Jerry Lara/San Antonio Express-News)

Obama administration boosts oil industry with $8B in loan guarantees

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When President Barack Obama unveiled a broad plan for combating climate change last week, few observers would have predicted one of his administration’s first steps would be aimed at giving a boost to fossil fuels.
The West Texas sky silhouettes a Linn Energy pumpjack in the Permian basin. (Linn Energy)

SEC probe targets cash flows in Linn Energy deal

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Linn Energy disclosed Tuesday morning that it is the subject of an informal U.S. Securities and Exchange Commission inquiry related to the proposed merger of its former unit LinnCo LLC with Berry Petroleum Co.
Categories: Deals, Legal issues
Buccaneer Energy's Endeavour jack-up rig (Buccaneer Energy)

Buccaneer Energy shareholders shake up board

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Houston entrepreneur Curtis Burton will retain a seat on the board of the independent oil and gas exploration company he founded in 2006, but shareholders also elected three outside directors proposed by dissident investors who had gained more than 8 percent of the company’s shares.
(AP file photo/Pat Sullivan)

ConocoPhillips to sell $5B Caspian Sea stake to Kazakh firm

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The Kazakhstan government has chosen its state-run oil and gas company to buy ConocoPhillips’ 8.4 percent stake in a Caspian Sea production sharing agreement instead of the state-run Indian oil company to whom ConocoPhillips had planned to sell the asset.
Categories: Production
Gina McCarthy, nominated to head the Environmental Protection Agency, speaks at a climate workshop. (Alex Brandon/AP)

Small businesses crank up pressure on EPA confirmation vote (video)

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Supporters of Gina McCarthy’s nomination to head the Environmental Protection Agency are cranking up the heat on key senators to confirm her after they return to Capitol Hill from a week-long July 4 recess.