Fuel Fix

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Oil prices tumble on European debt concern

Benchmark crude fell by $1.17 to end the week at $98.67 per barrel in New York.  More »
Workers move a section of well casing into place at a Chesapeake Energy natural gas well site near Burlington, Pa. (AP Photo/Ralph Wilson, File)

New film comes to defense of fracking

Makers of an upcoming documentary that seeks to counter the anti-hydraulic fracturing film “Gasland” have raised over $36,000 through crowdsourcing in a matter of a few days.  More »
The LNG carrier, a tank ship designed for transporting liquefied natural gas, is towed into port. (Lex Van Lieshout, Getty Images)

U.S. shale gas exports face hurdles, former Exxon CEO says

Political constraints and concern production gains at shale fields aren’t sustainable will hinder the development of liquefied natural gas export plants in the U.S., former Exxon Mobil Corp. (XOM) chief Lee Raymond said.  More »
As part of its approval of ATP's Well #4 in Mississippi Canyon Block 941, the federal ocean energy bureau reviewed ATP’s containment capability for the well. (Image: ATP)

Casinos question offshore drilling, worried about impact

Mississippi casino operators are saying they trust state leaders that exploration and drilling would be low-key for natural gas and out of sight of most of the mainland.  More »
Ghana First Oil

Activists push for disclosure of oil, gas payments to host nations

Humanitarian activists launched a campaign Friday urging federal regulators to finalize rules that would require oil, gas and mining companies to disclose their payments to U.S. and foreign governments for developing the nations’ natural resources.  More »
(AP file photo/David J. Phillip)

Did Goldman conflicts taint Kinder Morgan-El Paso deal?

Conflict allegations by El Paso Corp. shareholders attempting to block the pipeline company’s takeover by Kinder Morgan are “serious,” a Delaware judge declared Thursday. But he may not do anything about it.  More »
** FILE ** In this Feb. 15, 2008 file photo, an actor portraying Mr. Monopoly for Hasbro poses for a photo at the American International Toy Fair in New York.  Hasbro Inc. on Monday, April 21, 2008 said its earnings rose 14 percent in the first quarter on growth in brands such as Transformers and Littlest Pet Shop. The results beat expectations and drove its shares up almost 10 percent in morning trading. (AP Photo/Frank Franklin II, file)

Opinion: What would you put on an energy board game?

It was once again my pleasure to bemuse, amuse, and educate an audience at an American Metals Market Conference – this time in Houston – for their Steel & Pipeline Conference this week. After unleashing the Crude oil 8-ball at the last AMM conference, I felt I had to raise the bar this time, so I invented….the ultimate energy board game.  More »

CenterPoint Energy cuts customer’s heating bills

In an unusual move during the high-demand winter heating season, customers will see their bills drop by more than 16 percent this month.  More »
A contractor closes a valve on a tanker truck at a Range Resources hydraulic fracturing operation in Pennsylvania. (AP Photo/Keith Srakocic)

Looking for a new gig? There are plenty of jobs here.

With high unemployment and a sluggish economy, it can be a difficult task finding a job these days, but FuelFix is looking to help.  More »
Oil pumps work at sunset Monday, Jan. 2, 2012, in the desert oil fields of Sakhir, Bahrain, in the Persian Gulf. (AP Photo/Hasan Jamali)

Iran sanctions give China bargaining power for crude

Global sanctions against Iran have strengthened China’s bargaining position with the Persian Gulf state for oil purchases even as the Asian nation opposes trade restrictions, according to the International Energy Agency.  More »
Stephen Harper

Harper says he’s committed to diversifing oil sales toward China

Canadian Prime Minister Stephen Harper said he is committed to diversifying energy exports to countries such as China, while pledging to press Beijing on human rights as he forges ahead with deeper economic ties.  More »
A large sign is seen in the front Sunoco'S Eagle Point refinery in National Park, N.J. (AP Photo/Mel Evans)

Refinery workers stage vigil outside gov’s mansion

Several dozen workers from a trio of imperiled oil refineries in southeastern Pennsylvania staged a candlelight vigil outside the state’s executive mansion asking Gov. Tom Corbett to help them keep their jobs.  More »
(Photo: Patricia Santos, Associated Press)

Petrobras fourth quarter profit misses estimates on rising costs

Petroleo Brasileiro SA (PETR4), Brazil’s state-controlled oil producer, reported fourth-quarter profit that missed analysts’ estimates on rising costs to install equipment, pay workers and service debt.  More »
(AP Photo/Seth Casteel)

Animal sounds for electric cars rejected by EU

Electric cars in the European Union won’t be allowed to make animal noises or musical sounds to help people hear them in traffic, Bild reported, citing an EU rule.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |02.10.12|

Another hot summer could prompt rolling blackouts. CenterPoint says low natural gas bills mean lower bills for consumers. Nuclear power vs. natural gas — who wins?  More »