Fuel Fix


Enron linked to Houston’s name, but not to its identity

Less than a year after Enron descended into bankruptcy, the process of liquidating its assets got to the point that all such business eventually does – hawking the stationery. Luckily for the creditors, this time it actually had value.  More »
A logo glows in front of the new corporate headquarters of the Houston-based energy trading firm Enron November 29, 2001 in Houston, Texas. Former Enron CEO Jeff Skilling and former Enron chairman Kenneth Lay were found guilty May 25, 2006 in their fraud and conspiracy trial.  (Photo by James Nielsen/Getty Images)

The lessons we could have learned from Enron

It was supposed to be the scandal that changed everything, yet it taught us nothing.  More »
Todd Norris (upper left) of Neon Electric Corp. watches as the "E" from the Enron Field sign is lowered to the ground.  The sign on the east side of Astros Stadium was removed Tuesday as part of the renameing of the stadium. Neon Electric Corp., is the same company who originally installed the sign and was contracted to remove it.    HOUCHRON CAPTION  (03/27/2002):  Todd Norris, top left, of Neon Electric Corp. has a bird's-eye view Tuesday as the last Enron Field sign is removed. The Astros are in discussions to sell the naming rights, but new signs won't go up for at least another month. Ownership of the old signs has not been determined.

Photos of Enron’s rise and fall

See photos of Enron’s rise and fall in Houston.  More »

OPED - Uncle Sam and Enron

Enron case was much bigger than FBI agent first thought

When Mike Anderson launched the FBI’s investigation of Enron’s collapse in early December 2001, he thought assigning a couple of agents to the case would be a good start.  More »
A combination photograph shows British former bankers (L-R) Gary Mulgrew, Giles Darby, and David Bermingham as they leave Bow Street Magistrates Court in London October 15, 2004. A UK judge said on Friday he saw no reason why the three could not face trial in the United States over alleged fraud charges involving Enron executives.  REUTERS/Stephen Hird.

British bankers’ guilty pleas ‘put an end to a nightmare’

David Bermingham was 5,000 miles and 12 months away from home when the Department of Justice made him the offer.  More »
(Photo: David Paul Ohmer/Flickr)

FuelFix Newslinks |11.28.11|

Loren Steffy writes about what we should have learned from Enron. See where Enron executives, traders and other big wigs are now. And Anadarko increases estimates in Mozambique.  More »
Royalties from oil production on state lands is pushing Texas' Permanent University Fund toward a record $1 billion in annual revenue. (AP Photo/Hasan Jamali)

Oil rises near $97 a barrel; U.S. fuel prices fall

Oil was up Friday, but was down slightly for the week.  More »
Rice University Professor Douglas Brinkley speaks at a committee hearing about the Arctic National Wildlife Refuge.(Photo: C-SPAN)

Feud continues between Rice professor and congressman

The feud between Alaska Congressman Don Young and prominent historian Douglas Brinkley that started at a House committee hearing last Friday has continued, with Brinkley calling Young a bully and a “low-grade Joseph McCarthy.”  More »
(AP Photo/Reed Saxon)

Airlines cut small jets as fuel prices soar

The little planes that connect America’s small cities to the rest of the world are slowly being phased out.  More »
(Image: Flickr/pawpaw67)

Companies give GOP, regulators, different messages

Large and small companies have told Republican-led congressional committees what the party wants to hear: dire predictions of plant closings and layoffs if the Obama administration succeeds with plans to further curb air and water pollution.  More »
(Photo: Houston Chronicle file)

Houston wants to help residents trim energy waste

Feel a draft around your home’s electrical outlets? If so, you’re wasting energy.  More »
A Libyan man works at a refinery inside the Brega oil complex on Saturday Feb. 26, 2011.  (AP Photo/Hussein Malla)

Libyan official says oil output increasing fast

Libya’s oil production is quickly increasing and now stands at more than 600,000 barrels a day, a prominent Libyan oil expert said.  More »

China launches probe of US renewable energy policy

China’s government announced today a trade probe of whether U.S. support for renewable energy companies improperly hurts foreign suppliers, adding to tensions over an industry seen as an important source of jobs and economic growth.  More »
Almost 40 million Americans will drive more than 50 miles for 2013 Thanksgiving dinner, and their blessings will include lower-priced gasoline. (Photo: Flickr)

How much does that Thanksgiving meal cost?

Approximately 46 million turkeys will be put into the oven or deep fired today for the Thanksgiving Day feast.  More »
An aerial view north of Fort McMurray in Alberta, Canada, where the world's largest oil companies are building massive open pit mines to get at the oil sands.  (AP file photo/Canadian Press, Eamon Mac Mahon)

Oil abundance in Canada provokes anxiety

Rivals Exxon Mobil Corp. (XOM) and China Petroleum & Chemical Corp. (386) each have bought a piece of Syncrude, one of the dozens of companies that are blasting, digging and steaming soil laden with 143 billion barrels of molasseslike crude called bitumen, Bloomberg Markets magazine reports in its January issue. Only Saudi Arabia, with 264 billion barrels, and Venezuela, with 211 billion, enjoy greater proven reserves, a BP Plc energy review found in June.  More »