Fuel Fix

A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP)

Chesapeake Energy rebounds after denying bankruptcy plans

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The Oklahoma City oil and gas producer has some $11.6 billion in debt and a $500 million note due next month, according to regulatory filings.

Chesapeake Energy rebounds after denying bankruptcy plans

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A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP)
The Oklahoma City oil and gas producer has some $11.6 billion in debt and a $500 million note due next month, according to regulatory filings.
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

National gasoline average now below $1.75 a gallon

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Prices at the pump are currently at their lowest prices in seven years courtesy of bountiful supply and cheap costs of crude oil
Categories: Consumers, featured, Gasoline

Brazil protests continue with fierce clashes

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Senior opposition leader accuses President Dilma Rousseff of being out of touch as an estimated 150,000 protesters took to the streets on Saturday
Categories: Uncategorized

US files charges against Snowden

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The charges are the start of what is expected to be a lengthy process to extradite Mr Snowden from Hong Kong and return him to the US
Categories: Uncategorized
This aerial photo shows a flooded downtown Calgary, Alberta, Canada on Saturday, June 22, 2013. (AP Photo/The Canadian Press, Jonathan Hayward)

Calgary to begin flood cleanup as downtown to remain closed

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Calgary’s downtown, home to Canada’s oil industry, will remain closed through the early part of next week after swollen rivers flooded parts of the city, cutting off power and forcing evacuations. At least three deaths due to the flooding were reported Saturday.
Categories: Canada, General
President Barack Obama speaks at the TransCanada Pipe Yard in Cushing, Okla. in 2012.  (AP Photo/LM Otero)

Obama to unveil climate plan in Tuesday speech

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Obama said in a video the White House released Saturday that he’ll lay out his vision for reducing carbon pollution, preparing the U.S. for the effects of climate change and leading other nations in the global effort.

Syria rebels to get military support

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Qatari prime minister says arming rebels is the only way to achieve peace in country where civil war has claimed more than 90,000 lives
Categories: Uncategorized

Drumbeat: June 22, 2013

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Shale gas won’t stop peak oil, but could create an economic crisis
Two years ago, following the publication of the EIA April 2011 report a New York Times investigation obtained internal EIA communications showing how senior officials, including industr…
Categories: Uncategorized
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Pain at the pump? Smile. At least you don’t live in Norway.

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Find out where to get the cheapest gasoline in the world, and which citizens are paying top price to fill their tanks. The cost of filling up the 39-gallon tank of a Chevrolet Suburban in Turkey is $389.22, while in the U.S. it’s $137.

EU fails to agree on bank bailout rules

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Talks break down over how flexible the rules should be in requiring creditors and investors to pay for a bank failure in order to spare taxpayers
Categories: Uncategorized

BP alleges misconduct on oil spill payouts

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Company describes allegations of ‘unethical and potentially criminal behaviour’ by individuals working for the claims administrator
Categories: Uncategorized

Apple chief ties pay to stock price

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The move follows a protest by some shareholders over pay and comes at a time when the company’s share price is still far below September’s highs
Categories: Uncategorized

Banks seek to allay ETF investor fears

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A furious sell-off across markets this week left at least one primary dealer of ETFs and one leading issuer struggling to keep up with the selling
Categories: Uncategorized

Brazilian president promises to meet protesters

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Brazil’s Free Fare Movement says it has achieved its original objective of revoking a recent increase to the cost of bus, metro and train tickets
Categories: Uncategorized