Fuel Fix

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Pump prices as the economic bogeyman

Fears about the cost of gasoline outweigh the actual proportion fuel makes up in household budgets. Why, then, do rising gas prices scare us so much?  More »
Japan Earthquake

Japan ups nuclear crisis severity rating to match Chernobyl

Japanese nuclear regulators said they raised the rating from 5 to 7 — the highest level on an international scale of nuclear accidents overseen by the International Atomic Energy Agency — due to high overall radiation leaks that have contaminated the air, tap water, vegetables and seawater.  More »
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Genesis Energy to expand Texas crude oil system

Genesis said it acquired three above-ground storage tanks in Texas City and will convert them to take 230,000 barrels of crude. It has also acquired a barge dock and said it plans to build a truck station and other facilities.  More »
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A Chevron flag flies over company offices in Richmond, Calif.  (AP file photo/Ben Margot)

Chevron expects higher first-quarter profit compared with fourth

Chevron did not offer a specific profit forecast in advance of its quarterly report on April 29.  More »
People hold signs during a rally against hydraulic fracturing in the Marcellus Shale region of New York state, at the Capitol in Albany, N.Y., on Monday, April 11, 2011. (AP Photo/Mike Groll)

Hundreds rally against fracking in New York state

Director of Gasland and others opposed to hydraulic fracturing urge lawmakers to reject the natural gas drilling technique.  More »
Workers from Halliburton at a hydraulic fracturing site. (Photo: Johnny Hanson/Houston Chronicle file photo)

Fracking chemicals registry launches

The online registry, called FracFocus.org, makes it easier for the public to find out what chemicals are being used to extract natural gas in nearby wells. The 24 participating drillers will still withhold information about chemicals they consider proprietary.  More »
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site. (AP file photo/Ralph Wilson)

Study: Shale gas may be dirtier than coal

The Cornell University study focused on the large amounts of methane that escape into the atmosphere during hydraulic fracturing and on indirect emissions from equipment and vehicles used to extract, develop and transport the gas.  More »
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Oil falls on Libya, Goldman Sachs demand warning

Benchmark West Texas Intermediate crude for May delivery lost $2.87 to settle at $109.92 per barrel on the New York Mercantile Exchange.  More »
(AP file photo/Paul Sakuma)

Drivers start to cut back on gasoline as prices rise

About 70 percent of the nation’s major gas-station chains say sales have fallen. More than half reported a drop of 3 percent or more – the sharpest since the summer of 2008, when gas soared past $4 a gallon.  More »
Hilton Kelley talks about the route, shown on the map in the background, that toxic waste that is driven from Indiana to his community in Port Arthur, Texas, as he speaks before a news conference Thursday, Aug. 23, 2007, in Austin. (AP file photo/Harry Cabluck)

A decade-long fight for Port Arthur

Port Arthur native Hilton Kelley won the Goldman Environmental Prize, the highest honor of its kind for grass-roots environmentalists, for pursuing greater environmental and public health protections in the refinery town.  More »
(AP file photo/David J. Phillip)

Dynegy names interim CEO

Former railroad executive E. Hunter Harrison, named a director last month with the backing of one of the Houston-based power producer’s biggest shareholders, takes over from David Biegler, an independent director who served in the as interim role after Bruce Williamson left the company.  More »
(AP photo illustration/Bebeto Matthews)

WikiLeaks: Politicians, military – not rebels – behind Nigeria oil thefts

A U.S. diplomatic cable released by WikiLeaks blames no more than 15 percent of oil thefts on militants operating in the Niger Delta. Large-scale thefts fuel arms sales to the region while causing environmental damage and cutting production in a nation crucial to U.S. oil supplies, the cable suggests.  More »