Fuel Fix

Pemex Refinery in the Hidalgo State in Mexico

Pair of companies to build 700,000-barrel crude oil storage near Houston

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The two companies said they will build about 700,000 barrels of new crude oil storage and a pipeline near Seabrook, Texas, about 30 miles southeast of Houston.

Pair of companies to build 700,000-barrel crude oil storage near Houston

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Pemex Refinery in the Hidalgo State in Mexico
The two companies said they will build about 700,000 barrels of new crude oil storage and a pipeline near Seabrook, Texas, about 30 miles southeast of Houston.
Rigs stacked at a business 20 miles west of Farm-To-Market Road 1788 photographed Tuesday, Feb. 24, 2015. (AP Photo/Reporter-Telegram, James Durbin)

Total rig count finally rises, but oil rigs are down again

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The rise in rigs drilling for natural gas increased by five for the week, which was more than the loss of three oil rigs from last week, according to data from oil services provider Baker Hughes.

Protestors at the National Mall call on President Obama to reject the Keystone XL pipeline on Feb. 17, 2013. (AP Photo/Manuel Balce Ceneta)

Lawmakers want Keystone XL decision delayed

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Roughly two dozen congressional Democrats want the Obama administration to postpone a final environmental assessment of TransCanada Corp.’s proposed Keystone XL pipeline until conflict of interest allegations surrounding that review have been resolved.
(Image: Fotolia)

Anadarko shares tumble after $14B judgment

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A federal bankruptcy judge’s ruling that Anadarko Petroleum Corp. may have to pay up to $14 billion in liabilities shocked Wall Street on Friday. Investors have erased nearly $4 billion from the company’s market capitalization Friday.

The City of Houston's vehicle fleet includes 27 Nissan LEAF battery electric vehicles and 98 charging stations in its central fleet garage.  (City of Houston)

Houston’s growing alternative-fuel fleet among nation’s largest

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The nation’s oil capital has become a model for progress in electrically powered vehicles, boasting the nation’s third-largest municipal hybrid fleet, according to new report from advocacy group Electrification Coalition.
The Cushing, Okla., pipeline hub.

Louisiana crude reaches historic low against global oil price

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A growing gap between Louisiana crude and international oil prices is one of the inadvertent side effects of new pipeline infrastructure to Cushing, the oil transportation crossroad in the US.
Categories: Crude oil
(construct/Flickr)

Oil industry battles tax change

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More than a dozen oil and gas trade groups on Friday blasted a leading Senate tax plan that takes aim at incentives long cherished by the industry.
(U.S. Development Group)

North Dakota oil rail shipments expected to spike

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The percentage of North Dakota oil shipped by rail will likely jump significantly in the next year as producers increasingly turn to trains to reach U.S. refineries where premium prices are fetched, the state’s top oil regulator told lawmakers Thursday.
Categories: Crude oil, Pipelines
The offshore oil platform "Gail" is seen in the background as a humpback whale flapping its damaged fluke prepares for a deep dive in the Santa Barbara Channel off the coast of Oxnard, Calif. Companies prospecting for oil off California's coast have used hydraulic fracturing on at least a dozen occasions to force open cracks beneath the seabed. (AP Photo/The Santa Barbara News-Press, Mike Eliason, file)

Dozens of groups call for offshore fracking halt

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More than 150 environmental groups are asking California coastal regulators to halt offshore fracking, saying the practice violates state law.