Fuel Fix

(AP Photo/Richard Drew)

Oil’s slide continues into August

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Monday’s slide follows a bearish July, when concerns that the glut of oil may not be easing sparked a sell off and erased gains crude had posted in May and June.

Oil’s slide continues into August

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(AP Photo/Richard Drew)
Monday’s slide follows a bearish July, when concerns that the glut of oil may not be easing sparked a sell off and erased gains crude had posted in May and June.
Exxon Mobil CEO Rex Tillerson

Oil CEOs’ grim outlook rubs off on speculators fleeing market

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Exxon, the biggest U.S. energy producer, reported July 31 its lowest profit since 2009 while No. 2 Chevron posted its worst results in 12 years.
Categories: Crude oil, featured

Texas oil production highest in three decades

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Texas crude oil production has reached its highest level since the U.S. Energy Information Administration started tracking it in the early 1980s. In July, Texas produced around 2.602 million barrels daily. By October, that daily crude production was 2.752 million barrels. The last time crude production was anywhere close to that level was in January […]
Categories: Uncategorized
U.S. Sen. Max Baucus, D-MT  (Chip Somodevilla/Getty Images)

Senate tax plan spares big oil industry deduction

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Although Sen. Max Baucus has taken aim at a host of tax deductions cherished by the oil and gas industry, one big deduction has stayed out of his crosshairs.
Categories: Politics/Policy

(Image: Fotolia)

Oil price falls below $96

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The price of crude dropped 3 percent.
Categories: Crude oil, Gasoline
President and co-founder, Nebolisa Egbunike speaks at a Subsea Engineering Society general meeting at the University of Houston, Thursday, Nov. 21, 2013, in Houston. The University of Houston has started a new subsea master's degree, and Egbunike, along with Michael Ogiefor founded the society to help students connect with industry. (Cody Duty / Houston Chronicle)

UH subsea society seeks to rise to the top

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Two men from a University of Houston engineering program are not content to ride the wave of the school’s new subsea program — they are working hard to put it on the map as a dynamic new offering to the energy industry.
Categories: Offshore, Premium, Workforce
(Courtesy of LyondellBasell)

LyondellBasell restarts Texas plant amid cheap natural gas

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LyondellBasell has restarted a chemical plant that had been dormant for a decade, inspired to make the change because of low natural gas prices, the company said Thursday.
Categories: Chemicals, featured
Turbines at Pattern Energy's Gulf Wind project in Kenedy County, Texas are silhouetted by a sunset. (Pattern Energy)

Conservatives form group favoring renewable energy

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Conservative leaders and activists in Michigan have formed a group to support basing energy policy on the use of renewable resources and energy-efficiency programs.
Categories: Politics/Policy, Solar, Wind
An oil pumping unit in operation at Canal Place in Akron, Ohio. (AP Photo/Anthony Onchak)

Ohio energy production rising as wells increase

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A new report says Ohio energy companies extracted more than twice as much oil and gas from the Utica shale during three months last year than all of 2012.
Categories: Production