Fuel Fix

(AP Photo/Keith Srakocic)

Fracking rule for federal land to use industry standard

The U.S. Bureau of Land Management, which is drafting rules for natural gas production by hydraulic fracturing on federal property, said it will use industry standards for cementing.  More »
Oil gushes from BP's Macondo well in the Gulf of Mexico on July 12, 2010. (AP Photo/BP)

Transocean holders’ suits over rig explosion dismissed by judge

Transocean Ltd. (RIG), owner of the oil rig leased to BP Plc (BP/) that exploded and spewed millions of gallons of oil into the Gulf of Mexico, won dismissal of investor claims that the company failed to disclose repeated safety failures.  More »
A woman fills up her SUV at a California gas station. (Photo: FREDERIC J. BROWN/AFP/Getty Images)

U.S. gasoline data may not reflect consumption levels

U.S. government statistics overstated the decline in the nation’s gasoline demand in the past year, according to the Wall Street Journal.  More »
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Jimmy Murphy of Sprigg, W.Va., holds a jar filled with well water from his home he says was contaminated with coal slurry by Massey Energy and subsidiary Rawl Sales & Processing, prior to court hearing, in Charleston, W.Va. Mining company Massey Energy has settled a 7-year-old lawsuit with hundreds of southern West Virginia residents who claim the company poisoned their drinking water supplies with coal slurry, Circuit Judge Alan Moats, who helped broker the deal, said. (AP Photo/Jeff Gentner, File)

Film focuses on W.Va. coal slurry pollution battle

An independent documentary chronicling the fight that hundreds of southern West Virginia residents waged against Massey Energy over polluted well water will be screened for the first time at the Atlanta Film Festival in Georgia.  More »
President Barack Obama (AP file)

Obama to visit New Mexico oil fields

President Barack Obama is set to visit New Mexico’s oil fields Wednesday to tout the fact that domestic oil and gas production is at an all-time high.  More »
(Image: Fotolia)

Oil rises to near $107 after US crude supply drop

Oil prices rose to near $107 a barrel today in Asia after a report showed U.S. crude supplies fell unexpectedly, a sign demand may be improving.  More »
Senate Majority Leader Harry Reid, D-Nev.

Reid says measure coming “soon” on axing oil, gas tax breaks

Senate Majority Leader Harry Reid, D-Nev., says the Senate soon will consider a measure on repealing oil and gas industry tax breaks, a priority of President Obama’s.  More »
ExxonValdez

Exxon Valdez to be junked years after giant oil leak

Now called the Oriental Nicety, the vessel was sold for about $16 million.  More »
(Image: Fotolia)

Oil drops on Saudi supply promise

Benchmark U.S. crude fell $2.48 to $105.61 per barrel.  More »
(Lisa Poole / AP2009)

Report: Phillips 66 to build new headquarters inside Beltway 8

The independent refiner set to spin off from ConocoPhillips this year will build a new office within the Sam Houston Parkway, according to a local real estate blog.  More »
A security guard blocks a shot of the bankruopt Solyndra in a public area, in Fremont, Calif., Friday, Sept. 16, 2011. (AP Photo/Paul Sakuma)

Mismanaged energy loans too solar-focused, Republicans say

The U.S. Energy Department mismanaged stimulus programs, putting taxpayer dollars at risk, according to two Republican reports released at a hearing where lawmakers debated who is responsible for rising gasoline prices.  More »
Prices for three grades of gasoline are posted in front of a service station Wednesday, Feb. 22, 2012, in Bellevue, Wash., near Seattle. (AP Photo/Elaine Thompson)

Industry group: Obama should help lower gas prices

President Barack Obama could lower gas prices by opening up more federal land and offshore areas for oil drilling, American Petroleum Institute President Jack Gerard said today.  More »