Feds will assess reliability of blowout preventers

FuelFix Newslinks |03.31.11|

Posted on March 31, 2011 at 6:38 am by Tom Fowler in General

Weaning off ME oil not such a stretch. WTI + 30 days = $90. Petrohawk’s garage sale. More »

A quartet of Enterprise deals

Posted on March 31, 2011 at 6:25 am by Tom Fowler in LNG, Natural gas, Pipelines, Social

Houston-based Enterprise Products Partners this week announced a handful of deals to expand existing natural gas and gas liquids infrastructure. More »

Houston gasoline prices rise above $3.50

Posted on March 31, 2011 at 5:56 am by Jeff Bair in Politics/Policy, Refining

U.S. Sen. Jay Rockefeller is trying pressure federal authorities to rein in gasoline prices by curbing speculation. More »

Thinking of an electric car? Get your garage ready

Posted on March 31, 2011 at 12:33 am by Associated Press in Social

Depending on which EV you buy and how old your home is, it could cost several thousand dollars to prep the garage so you can charge a car quickly enough to take off for work in the morning with a full battery. More »

Obama’s goal to cut oil imports may be within reach

Posted on March 30, 2011 at 10:16 pm by Associated Press in Crude oil, Politics/Policy

Could we really cut imports by one third in coming years? Possibly. More fuel efficient cars, mandates to use biofuels and high prices are cutting into gasoline demand while domestic oil production is on the rise thanks to new discoveries in shale deposits throughout the West. More »

BP spill dispersants harmed cleanup crews, lawyers say

Posted on March 30, 2011 at 4:31 pm by Bloomberg in Gulf oil spill, Legal issues

BP, its drilling partners and 11 contractors who made or applied dispersants to attack the Gulf oil spill should compensate boat owners, cleanup crews and residents injured by contact with the toxic substances, lawyers suing the firms said in court documents filed today. More »

Tullow sells Uganda stakes to CNOOC, Total for $2.9B

Posted on March 30, 2011 at 4:08 pm by Bloomberg in Africa

Tullow will retain a one-third interest in three exploration blocks, the company said. The deal paves the way for the development of the Lake Albert Basin after delays due to a tax dispute. More »

Post-spill milestone: Feds permit first new exploration well

Posted on March 30, 2011 at 1:54 pm by Jennifer A. Dlouhy in Social

The federal government today granted Shell the first permit to drill a new deep-water exploration well since last year’s Gulf spill. Legal challenges from the environmental community are expected, however. More »

Encouraged, discouraged, wait-and-see: reactions to Obama’s energy speech

Posted on March 30, 2011 at 1:33 pm by Richard Dunham in Oil field services, Politics/Policy

Texas energy executive T. Boone Pickens called the President’s energy speech “a big step forward,” but others in the industry want to see concrete actions by the White House before embracing the president’s ambitious agenda. More »

Obama: more energy production, efficiency; GOP: priorities misplaced

Posted on March 30, 2011 at 11:17 am by Richard Dunham in Crude oil, General, Offshore, Oil field services, Politics/Policy

President Obama sought to reassure the nation that he has a coherent plan to reduce American reliance on imported energy. To meet that goal, he offered a largely recycled set of policy proposals wrapped in urgent rhetoric about the need for Congress to stop talking and start acting. More »

T. Boone to Obama: Get the U.S. off Middle East oil

Posted on March 30, 2011 at 11:10 am by Brett Clanton in Crude oil, Politics/Policy, Social

In Houston Tuesday, billionaire oilman T. Boone Pickens urged the president to keep a campaign pledge to end Middle East oil imports within 10 years. More »